Consider the following questions:
Q1: Write an IPS (Investment Policy Statement) for yourself or a hypothetical person. Please state your investment goals (return and risk) and constraints (Time, Tax, Liquidity, Law and Uniqueness).
Q2. Based on the IPS above, identify at least two appropriate investment strategies .
Q3: List down two similarities and differences between exchange traded funds and the mutual funds.
Q4. Explain stop loss orders. When would it be appropriate to place them?