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Mcs 2100 – Personal Finance Management: Case Study

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MCS 2100

Personal Financial Management

Case Study

Jingyao Zhang

0626757

November 9th, 2011

MCS 2100 – Personal Finance Management: Case Study

Abstract
Jane is looking for possible investment ideas in order to obtain her future house down payment. She does not want to spend much time in managing her investments and has a medium-low risk level. Her goal on investment is seeking for growth for down payments on a house if she decides to pay 25 percent down payment. However, if she decides to pay less than 25 percent down payment, her investment goal is seeking for income. Different investment goal differentiates investment choices. The purpose of this case study is to recommend possible investment choices for Jane and the criteria used to evaluate those investment choices.

Introduction
Jane has inherited $30,000 from her grandmother and plans to invest this money for a future down payment on a house. Her plan is to buy a house outside of Toronto area in the next three to four years. She has a lost risk level of four out of ten as she does not want to lose the money she got from her grandmother. Moreover, she would like to obtain tax relief on her investment. At the same time, she only wants to spend about one hour per month in managing her investment. She has an adequate emergency fund on hand; therefore, she does not need to access these funds. Her travel expenses will be paid by her income.

Investment Goals The primary investment goal is to obtain a future down payment on a house outside of Toronto in the next three to four years. She has a medium-low risk level of four out of ten. Moreover, she only wants to spend one hour per month in managing her investment. For the purpose of this assignment, I assume she is going to purchase a house outside of Toronto area with an estimated value of $225,000.
She will need to raise $56,250 if

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