标题: individual liquidity constraints vs return objective [打印本页] 作者: yuoska 时间: 2011-7-13 14:06 标题: individual liquidity constraints vs return objective
What is the general rule of thumb for including an anticipated expense as a liquidity constraint for an individual ips? Does it have to occur within a certain time horizon?作者: strikethree 时间: 2011-7-13 14:07
I think 1yr would be the horizon作者: Iginla2011 时间: 2011-7-13 14:07
So if you expect to make a 100k investment in 2 years, or your kids start college in 2 years, how do you incorporate that into an IPS?作者: ll11 时间: 2011-7-13 14:07
Say liquidity requirement for the next year is _____. In the following year, your client must be aware to keep $X liquid for when his kid starts college.
That simple.作者: Valores 时间: 2011-7-13 14:07
Right, but what if the kid wont start college for 2-3 years. is it considered a liquidity constraint in this IPS?作者: infinitybenzo 时间: 2011-7-13 14:07
I don't think so. Isn't the IPS supposed to be reviewed on a regular basis. lets say annually.作者: lcai 时间: 2011-7-13 14:07
I certainly don't think you lose points for including a 2-3 year out known expense.作者: dyga 时间: 2011-7-13 14:07
probably not. but i wouldn't take the chance of comingling it in with the liquidity figures for the 1yr horizon.
