Which one of the following appears to be least important

Reference no: EM13839977

Your client says, “With the unrealized gains in my portfolio, I have almost saved enough money for my daughter to go to college in eight years, but educational costs keep going up.” Based on this statement alone, which one of the following appears to be least important to your client’s investment policy?

Time horizon
Purchasing power risk
Liquidity
Taxes

Reference no: EM13839977

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