Please assist with assignment-FINANCE HELP ONLY-Stocks Answer questions and complete chart

jonecam

Assume you are 59 years old, want to retire in 6 years, and currently have an investment portfolio valued at $550,000 invested in technology stocks. After talking with friends and relatives, you have decided that you have “too many eggs in one basket.” Based on this information, use the asset allocation method described in this chapter and use the following table to diversify your investment portfolio. Then answer the following two questions:

o What are the advantages of asset allocation?

o How could the time your investments have to work for you and your age affect your asset allocation?

What is the recommended asset allocation for this 59 year old person? (Show in the chart below.)

Investment Category (Asset Class)	% Allocated	Comments: What is this asset class expected to contribute to the portfolio? (i.e.: growth, income, safety, diversification, etc.)
Large-cap stocks
Mid-cap stocks
Small-cap stocks
Foreign stocks
Government bonds
Corporate bonds
Cash
Other investments (specific types e.g. real estate)
Total Allocation (must = 100%)