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Question: suppose a friend of yours says her goals are to meet most financial emergencies and find her living expenses. She owns her car and home, she isn't employed, and has $450,000 invested as follows:
Stock mutual funds (growth and mid cap) $405,000
Bond mutual funds (high-grade corporate and US treasury) $43,000
Savings accounts $2,000
What specific suggestions, given this limited information, should you give to help her attain her goals?
