Series 7 - General Securities Representative Exam
A client has $3400 in net liquid assets; there is no home equity and the client is 43 years old. She has no other assets, equity, or retirement plans. What is a good portfolio mix for this new client's IRA?
50% options, 20% stocks, 30% bondsB
70% stocks, 20% bonds 5% gold ETF, 5% money market fundC
45% stocks, 30% bonds, 20% Leap Calls, 5% money market fundsD
C is the best mix for this example. Given the client' age and time horizon, this should provide a better diversification versus the other 3 choices