lululi

U.S. Area

 

Morning

1. Q1, about the 2 portfolio in Monte-Carlo, A or B?

 

Afternoon

1. Why investor has higher risk tolerance: perceivation of xxx, stage of lift, souce of income, which one?

2. accural income return rate: 6.4%, 6.8% and xxx, which one?

3. portion consumed by tax: 15%, 30% and xxx, which one..?

lululi

Can't remember which problem in the pm session, but I had two argriculture sector in one problem...

lululi

Afternoon, which risk the strategy is addressing: basis risk, interest risk, xxx? which one?

lululi

QUOTE:

以下是引用greenguo在2011-6-6 23:55:00的发言：

Morning

1. I chose B, coz at 25th percentile, it starts over 5m which is the minimum value requirement.

==Agree

 

 

Afternoon

1. stage of life

== I chose source of income...555, he is 50 years old...

 

2. I took a lot of time on this question, but still no clue, so pick up 6.8%, the 3rd choice is 7%.

== I chose 6.4%, no CG tax, I just did 8%*(1-20%)....

 

3. no clue neither, pick up 15%, seems wrong, should be 30%...

== I did calculation and my result is 15%... not sure it is right...

[此贴子已经被作者于2011-6-6 23:58:52编辑过]

 

lululi

QUOTE:

以下是引用sheila18在2011-6-7 0:34:00的发言：

how did you calculated the 15%?

 

aftertax value x= (1+cg return+income return (1-income return tax)^n

before tax value  y=(1+ cg return + income return)^n

 

tax drag= y-x/y-1

 

 

lululi

Advantage of fixed horizon planning: minimum volatility of safe return? aggressive investment in surplus?

 

Which investment assessment to choose (in the AM session): micro? macro?

lululi

大家能说说早上第一题return 那个7.8％怎么得出来的么？

 

我记得是asset减掉两个immediate 开销，income就是不用调整的pension，expense是current支出*inflation，两个一减，再除net asset，之后加上一个inflation

 

对么？

lululi

fixed horizon planning 的优点那题呢。。？

lululi

QUOTE:

以下是引用brightcool在2011-6-8 7:31:00的发言：
aggressive subportfolio

能说下为什么是这个么？我怎么记得fixed保证你有足够的钱，还有它的return比较少呢？

lululi

QUOTE:

以下是引用brightcool在2011-6-8 7:57:00的发言：

此策略用ZERO BOND 控制风险 其余的组合做激进投资

你是对的。。没仔细看书。。