Planned portfolio-investment objective


Imagine that you've just inherited $20000. Now you are faced with the problem of how to spend it. You could make a down payment on a condo or on that sports car you have always wanted, or you could build a mutual fund portfolio. After some soul-searching, you decided to build a $20000 mutual fund portfolio. Using actual mutual funds and actual quoted prices, come up with a plan to invest as much of the $20000 as you can in a portfolio of mutual funds, (in addition to one or more open-end funds, include at least CEF or one ETF.) be specific! Briefly describe your planned portfolio, including the investment objective you are trying to achieve.

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Finance Basics: Planned portfolio-investment objective
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