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Challenge Question Number 1 for Vice President and Director of Investments #1168Related Subject(s):Business & Accounting Studies Mathematics Related Soft Skill(s): Analyzing Information Decision Making Reasoning Describe a typical "challenge" encountered in your work: I work with clients every day to help them achieve their financial goals. I must find out what their needs, goals, current plan, risk tolerance and time frame are. I put together a plan and make recommendations for them to reach their goal. Clearly describe what you expect from the students: You just received $10,000 from a long lost relative, and you have a week to grow that $10,000 into the greatest amount that you can. How are you going to invest the money to get the greatest return? In order to give the teacher some guidance in evaluating the student's project(s); list some tips that may help to assess the student's work: How aggressive do you want to be? How will you diversify the money? What products are you going to invest in? Stocks, bonds, mutual funds, CD's or savings? If you go into stocks what companies will you choose? Did you do research on them? How are you going to track them? Newspaper, Internet or others? |
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