NO.PZ201805280100000305
问题如下：
Emma Young, a 47-year-old single mother of two daughters, ages 7 and 10, recently sold a business for $5.5 million net of taxes and put the proceeds into a money market account. Her other assets include a tax-deferred retirement account worth $3.0 million, a $500,000 after-tax account designated for her daughters’ education, a $400,000 after-tax account for unexpected needs, and her home, which she owns outright.
Her living expenses are fully covered by her job. Young wants to retire in 15 years and to fund her retirement from existing assets. An orphan at eight who experienced childhood financial hardships, she places a high priority on retirement security and wants to avoid losing money in any of her three accounts.
Young decides to accept the retirement offer. Having very low liquidity needs, she wants to save part of the retirement payout for unforeseen costs that might occur more than a decade in the future. The broker’s view on long term stock market prospects is positive and recommends additional equity investment.
Determine which of Young’s accounts (education, retirement, reallocated money market, or unexpected needs) is best suited for implementing the broker’s recommendation.
选项：
解释：
首先能排除unexpected和education，因为都是马上就要用钱了。那么答案从税的角度讲的，long term投资放在TA，短期的放TDA。由于money market account是TA，retirement account是TDA。所以股票长期投资放在money market account。但是从取钱的角度，我记得有这么一个知识点，就是短期有流动性需求的要放在TA，因为TDA、TEA都是取现较慢？那如果从这个角度来看，长期股票投资更应该放在是TDA的retirement里啊？
