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The Jacksons want to start investing $600 monthly to achieve their stated short- and long-term objectives. Which of the following monthly investments is most appropriate for them at this time and why? State which investment you recommend and your rationale, providing at least one con for each of the investment allocations you don't recommend and three pros for the investment allocation you do recommend.
-$600 in a Roth IRA account for Jaylen, allocated as $300 in large cap domestic growth stocks, and $300 in an international growth fund
-$600 in a AAA-rated municipal bond fund
-$600 in a money market account
-$100 in a money market account, and $500 in a Roth IRA global balanced mutual fund
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