看答案关键还是从税的角度看，所以长期投资的放TA

NO.PZ201805280100000305 问题如下 Young cis to accept the retirement offer. Having very low liquity nee, she wants to save part of the retirement payout for unforeseen costs thmight occur more tha ca in the future. The broker’s view on long term stomarket prospects is positive anrecommen aitionequity investment.termine whiof Young’s accounts (ecation, retirement, reallocatemoney market, or unexpectenee) is best suitefor implementing the broker’s recommention. 1.这道题可以这样理解么ecation 和 unexpectenee 流动性要求较高，不能用于股权投资。2.为什么reallocatemoney market account 流动性要求较低？3.为什么retirement不能选

NO.PZ201805280100000305 问题如下 Young cis to accept the retirement offer. Having very low liquity nee, she wants to save part of the retirement payout for unforeseen costs thmight occur more tha ca in the future. The broker’s view on long term stomarket prospects is positive anrecommen aitionequity investment.termine whiof Young’s accounts (ecation, retirement, reallocatemoney market, or unexpectenee) is best suitefor implementing the broker’s recommention. 这种账户都是taxable account, low liquity nee吗？我这道题选了retirement 因为没看到题目说reallocatemoney account是long term holng 的 taxable account呀？

NO.PZ201805280100000305 问题如下 Young cis to accept the retirement offer. Having very low liquity nee, she wants to save part of the retirement payout for unforeseen costs thmight occur more tha ca in the future. The broker’s view on long term stomarket prospects is positive anrecommen aitionequity investment.termine whiof Young’s accounts (ecation, retirement, reallocatemoney market, or unexpectenee) is best suitefor implementing the broker’s recommention. Emma Young, a 47-year-olsingle mother of two ughters, ages 7 an10, recently sola business for $5.5 million net of taxes anput the procee into a money market account. Her other assets inclu a tax-ferreretirement account worth $3.0 million, a $500,000 after-taccount signatefor her ughters’ ecation, a $400,000 after-taccount for unexpectenee, anher home, whishe owns outright.Her living expenses are fully covereher joYoung wants to retire in 15 years anto funher retirement from existing assets. orpheight who experiencechiloofinanciharhips, she places a high priority on retirement security anwants to avoilosing money in any of her three accounts.NO.PZ201805280100000305问题如下Young cis to accept the retirement offer. Having very low liquity nee, she wants to save part of the retirement payout for unforeseen costs thmight occur more tha ca in the future. The broker’s view on long term stomarket prospects is positive anrecommen aitionequity investment.termine whiof Young’s accounts (ecation, retirement, reallocatemoney market, or unexpectenee) is best suitefor implementing the broker’s recommention.我的回答The reallocatemoney market account shoulimplement the recommention. Equities have lower trate thbon, so it shoulput into taxable account.Young hlittle liquity nee, so holng stocks longer in taxable account is better while ecation anunexpectenee accounts neemore liquity.老师，第三句我是否可以不写？因为考试时可能来不及。

NO.PZ201805280100000305 问题如下 Young cis to accept the retirement offer. Having very low liquity nee, she wants to save part of the retirement payout for unforeseen costs thmight occur more tha ca in the future. The broker’s view on long term stomarket prospects is positive anrecommen aitionequity investment.termine whiof Young’s accounts (ecation, retirement, reallocatemoney market, or unexpectenee) is best suitefor implementing the broker’s recommention. 通过流动性我们可以排除ecation和Unexpectenee这两个账户，因为他们要求的流动性较高，所以长期持有股票不合适。以上助教的没有看懂。 unexpectenee考虑是明白的。但是主人公由于儿时经历，对retirement的安全度要求非常高，所以应该少配置equity啊。另外两个孩子7岁和10岁，上大学还早，所以时间期限比较长，可以投资equity，为什么不选呢

NO.PZ201805280100000305 问题如下 Young cis to accept the retirement offer. Having very low liquity nee, she wants to save part of the retirement payout for unforeseen costs thmight occur more tha ca in the future. The broker’s view on long term stomarket prospects is positive anrecommen aitionequity investment.termine whiof Young’s accounts (ecation, retirement, reallocatemoney market, or unexpectenee) is best suitefor implementing the broker’s recommention. 如果长期观点是正向的，说明股权价值会大幅涨价，产生大量的capitgain tax。如此一来，不是放在tefficient accounts比放在taxable accounts更合理吗？