A) What mutual funds would you recommend for a 40 year old single man who is saving for his retirement? He hopes to retire at age 70. He is a moderate risk taker. He will definitely need some funds for living expenses after retirement.
B) What mutual funds would you recommend for an orphaned child age 7 whose parents were killed in a car crash? The court has appointed you as guardian overseeing the investing for the minor child. The child is being cared for by the aunt and uncle. They are receiving Social Security monies for the child until the child reaches 18.
Your objective is to grow the money for 11 years for future educational needs. You will invest 200,000 dollars. You will make the assumption that college tuition are rising by 7% per year. What mutual funds would you recommend in this situation?
C) What mutual funds would you recommend for a 22 year old college graduate who just landed their first real career job. They're making 35,000$ a year. They are able to invest 100$ every month into their 401K plan. They will retire at age 70. They are young and they are not frightened of risk. They have 48 year to invest. What would you recommend for them?