Instructions · Read the April 5, 2020 Wall Street Journal article "Bond Investors Might Need to 'Shorten Up'" by Bailey McCann. · Answer both of the questions listed below. · Engage in discussion with...

Situation: I am a personal finance planner who deals mostly with the freshly graduated individuals who have just started working. The aim of the client is saving enough money for the retirement.
Advice: Since the investment period of the client is more than 35 years, the client should invest in growth stocks which are risky in nature but may also provide maximum return to the client. It is expected that the recovery of the economy will be a U-shaped recovery, with companies able to get back to the Pre-COVID levels within the time frame of one to two years. The Portfolio of the client should be built by investing at least the 60% of the portfolio in the growth stocks. Since during the COVID-19, the value of shares is at all time low, the client can buy equity at a lower price so that the return of the client can be maximized. The investor should choose the companies which are fundamentally strong but the shares prices of which are down due to the effects of the COVID-19. This investment is made with the objective of long-term gain in mind. Next...