User Account

All Pages

Personal financial planning

Assignment Help Term Paper
Reference no: EM13387

The basic requirement is the preparation of a financial report that provides specific advice for client.

Jossiah and Jemima Benson have recently married and in planning their future have decided to solicit the services of a financial advisor with the aim of implementing their short and long term financial plans and lifestyle goals. Jossiah and Jemima are both aged 28.

For their immediate future they have decided they want to purchase a new house and a new car. The house they want has a value of $400,000 and they are very excited as both Jossiah and Jemima have never owned a home before. They would also like to buy a new car for $60,000, however are unsure whether to purchase the car outright or salary sacrifice in order to obtain the car. They expect to travel approximately 35,000 km per year.

Their longer term plans involve establishing a fairly aggressive investment portfolio with the aim of directly purchasing an investment property and investing in a share portfolio of some sort amongst other strategies that you may recommend. They have also heard from a friend that margin lending can be a profitable and expedite way to achieve their goals.

Jossiah works as a minister for a local church and earns $70,000 gross income, while Jemima works for a kindergarten and earns $55,000 gross income. They also enjoy taking holidays and plan to have a holiday each year to the value of $5,000 with an around the world trip planned for five years time to the value of $20,000. Jossiah and Jemima are also keen to retire early and are quite willing to take on additional risk if this assists in them achieving their lifestyle goals faster. They have managed to save between them $180,000 in cash and are looking forward to your advise on how they should go about planning for their future lives together.

Report contains

Background

Objectives

  • Return Objective
  • Risk Objective

Constraints

  • Liquidity
  • Time Horizon
  • Taxes
  • Legal and Regulatory
  • Unique circumstances

Capital Market expectation

Asset allocation

Review

Investment Policy Statement

Returns

Risk Objective

Liquidity

Time Horizon

Tax rate

Legal and Regulatory Requirement

Unique Needs

Asset Allocation

Capital market expectation

Conclusion

Bibliography

Reference no: EM13387

Questions Cloud

Advise as to the liability of all the parties : Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.
Teacher supervision project : "Change is the only constant " Evaluate the different types of change that have occurred in Sony.
Change is the only constant : "Change is the only constant " Evaluate the different types of change that have occurred in Sony.
Determine the company''s bid : Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.
Personal financial planning : The basic requirement is the preparation of a financial report that provides specific advice for clients
Compute the optimal order quantity : Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Business value and ethics : Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..
Find total revenue : Find Total Revenue or profit
National security and nuclear weapons : National Security, Nuclear Weapons and Nuclear Energy

Reviews

Write a Review

Term Paper Questions & Answers

  Generation and evaluation of alternative solutions

Write two pages for "Generation and Evaluation of Alternative Solutions" for Love Canal case. Total 2 Pages for "Generation and Evaluation of Alternative Solutions" for love canal case and including references.

  Paper on deming theory

Paper on Deming theory: Dr. W. Edwards Deming developed a method for the quality improvement process. He believed that the identification and correction of defects after production is not effective.

  Paper on what does autism play in savant syndrome

Write a Paper on Topic:   What does autism play in savant syndrome?

  Write a paper on italy and its democracy

Write a Paper on Topic:  Italy and Its Democracy,  Affecting the Event by “The Economist” and  Democracy Appear to Work with including references.

  Climate change and the north

The essay topic is: Climate Change and the North (with particular Focus on the Inuit).  The purpose of this research paper is to help you engage with current events and contemporary challenges concerning Aboriginal people in Canada.

  Should manitoba adopt a single transferable vote

Write a paper on Topic: Should Manitoba adopt a single transferable vote (STV) electoral system for provincial elections?

  In crisis and reform

In Crisis and Reform:  Current Issues in American Punishment (p. 126), Alexis Durham writes,Please write a reaction paper (4-6 pages in length) to the quote in which you explore global correctional objectives

  Role play as the corporate social responsibility officer

Your Corporate Social Responsibility Officer  Handout and Rubric, This paper gives you an opportunity to "role play" as the Corporate Social Responsibility Officer for an organization of your choice.

  Operationalize sustainability

This assignment is designed for you to analyze an organization and to help develop a plan for that organization to better Operationalize sustainability in the future.

  Gulliver''s view of science

Write on  Gullivers view of science or politics, Jonathan Swift’s view about science is explicitly portrayed in this novel Gulliver’s travel. Jonathan swift says the scientific researches and the experiments will be utter waste of time and it will be..

  Designing a computer interface with visual disability

The topic is about designing a computer interface to people with visual disability (blindness- colour blindness) also , how to apply decision support systems to such interfaces..

  Social issue

Answer the following questions as these general questions pertain to the specific issue selected.The questions that you will cover with respect to your choice of broad social issue in the paper are given.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd