Determining the client investment policy


Your client says, With the unrealized gains in my portfolio, I have almost saved enough money for my daughter to go to college in 8 years, but educational costs keep going up. On the basis of this statement alone, which one of the following appears to be least important to your client's investment policy?

a. Time horizon.

b. Purchasing power risk.

c. Liquidity.

d. Taxes.

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Finance Basics: Determining the client investment policy
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