Go to www.mfea.com/ and review the information about allocating your assets and selecting funds for your portfolio.
a. If you are about to retire and your primary objectives are tax-free income and protecting your principal, in what types of funds should you invest? In what do these funds primarily invest, what is their potential capital appreciation, what is their potential current income, and what is their potential risk?
b. If you have just graduated from college and your primary objective is high growth, in what types of funds should you invest? In what do these funds primarily invest, what is their potential capital appreciation, what is their potential current income, and what is their potential risk?