short question on finance
Assume you were given a gift of $100,000. You are not allowed to touch the money for 20 years. You are required to run the portfolio yourself. Explain how you would run the portfolio and why. Explain any changes you would make as time passed by. Make sure to include concepts we have covered in class (investment policy statements – objectives and constraints, individual risk tolerance, asset allocation, etc.). just write about 300-400words
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