Financial Research Report

Assignment 1: Financial Research Report

Name

FIN 534 - Financial Management

Professor Name

Date

Introduction

This is an investment report agreement between Mr. John Wise and I, a financial manager of the New York stock exchange company. Mr. John wishes to invest in the financial market of New York for a period of 30 years. The investment will continue for 5 more years after his retirement. I am a financial analyst with a vast experience in the stock exchange market.

The rationale for stock selected

New York is a good stock market to invest from most of the online stock market exchanges restrict the amount of the initial investment that a newcomer in the market can invest. But for New York, it is considered friendly as it allows individuals to start investing with the lowest amount possible, that is $100. Another bigger reason for choosing this type of stock is that it has been the leader of the market since the year 2003. Most of the investors like the company for its friendly term for investment and retunes on investment. It has a wide range of types of stocks to choose; this means one investor can have more than one stock within the company. This makes it a lucratively investing company any investor who wishes to have more than one venture can channel their capital to. Similarly, the company offers stock bonds; this would be another better option to invest from ("New York Stock Exchange: A-Z Company Listing", n.d.).

Moreover, this company offers a retirement plan investment to its members for the case of my client. I strongly feel that this suits him as the investment he chose to make will shape his future. The market may be flooded on the stock exchange, then a shift to the other investment would be possible. The growth rate of the New York stock market has been on the lead for more than 225 years since it was started (Balakrishnan, 2013).

My client is planning to invest in a retirement plan as well as the immediate profit making plan, which is withdrawable. Currently, my client is 35 years old and plan to retire at the age of 65 years old. I believe that starting with $10,000 yielding 7% monthly for 30 years, a good return is expected ("NYSE: Transactions, Statistics and Data Library", 2019). New York is a good stock investment for my client.

Client Profile

Mr. John is currently 35 years old of age. He is married with two children. All the children are still in high school but expected to join colleges or University in the next two years. Mr. John is a train engineer who works as a plant manager in a company that manufactures vehicles. He has been working for ten years at General Motors Company Limited. He aims to invest in the stock exchange market for the next 30 years. Starting now he will invest till he retires and extends by 5 more years after he retires. This investment is expected to grow annually by 7% his current income is $23,000 annually if he invests 50% of his income the in at his retirement he would expect to have a lot of savings. Investing in the stock market has several risks in that one can lose when the dollar exchange rate fluctuates. However, the profit return in most cases will have an extraordinary good return. The wealth will be distributed in the areas of real estate as well, where the return is a long term.

Annotated biography

This report is about investment in the stock market. The company chosen for this investment in New York is one of the best stock providers in the market that is the main reason. The company provides a friendly and wide variety of areas to invest on. The report looks into the yield the stock market brings in the long run, one of the best option reported in this report is the retirement investment plan benefit which the investor will reap big in the long run. New York provides a lot of variety of investment options which attract most of the investment from individuals who wish to retire or join to make a profit for a specific period of time usually more than five years. However, this report is for individuals who wish to invest in a retirement plan his investment would turn him to a millionaire by the time he retires ("New York Stock Exchange news coverage – Market-Watch", n.d.).

Reference

NYSE: Transactions, Statistics and Data Library. (2019). Retrieved from https://www.nyse.com/data/transactions-statistics-data-library#2019

Balakrishnan, N., & Pal, S. (2013). Lognormal lifetimes and likelihood-based inference for flexible cure rate models based on COM-Poisson family. Computational Statistics & Data Analysis, 67, 41-67. 10.1016/j.csda.2013.04.018

New York Stock Exchange news coverage – Market Watch. Retrieved from https://www.marketwatch.com/investing/new-york-stock-exchange

https://www.nyse.com/publicdocs/nyse/data/Monthly_Consolidated_Volume_by_Symbol_201904.pdf

New York Stock Exchange: A-Z Company Listing. Retrieved from http://www.advfn.com/nyse/newyorkstockexchange.asp