FIN 420 Week 3 DQ 2
Financial experts agree that having an emergency fund is an essential component of a comprehensive financial plan . However , advice regarding the number of months of household expenses the emergency fund should cover varies between 3 and 9 months . Taking into account the current financial environment , how many months of expenses would you recommend for an emergency fund and why ? What are three investment options that are appropriate for an emergency fund ? Which of these investment options offer the best returns ? What reasons might encourage you to forego a higher return on your emergency funds ? =================================================== FIN 420 Week 3 Individual Problem Worksheet
FIN 420 Week 3 DQ 2
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Financial experts agree that having an emergency fund is an essential component of a comprehensive financial plan . However , advice regarding the number of months of household expenses the emergency fund should cover varies between 3 and 9 months . Taking into account the current financial environment , how many months of expenses would you recommend for an emergency fund and why ? What are three investment options that are appropriate for an emergency fund ? Which of these investment options offer the best returns ? What reasons might encourage you to forego a higher return on your emergency funds ? =================================================== FIN 420 Week 3 Individual Problem Worksheet
FOR MORE CLASSES VISIT www . fin420assist . com
1 . Complete Worksheet 37 in Focus on Personal Finance , “ Your Financial Plan – Evaluating Corporate Bonds .”
2 . Explain the principle of asset allocation . Using the Internet or library research , prepare a 2-minute presentation describing why the principle of asset allocation is important when establishing an investment program .
3 . Assume you are 59 years old , want to retire in 6 years , and currently have an investment portfolio valued at $ 550,000 invested in technology