The Red express a very strong desire to fund their children’s college education expenses, which have an estimated present value of $250,000.

问题如下：

The Red family has the investable assets of $1.2 million. Tom, the portfolio manager of the Red family, follows a goals-based approach to asset allocation and offers three possible portfolios to consider.

The Red express a very strong desire to fund their children’s college education expenses, which have an estimated present value of $250,000. Given that the children will be starting college soon, which portfolio is most appropriate?

选项：

A.

Portfolio 1

B.

Portfolio 2

C.

Portfolio 3

解释：

A is correct.

考点：goal-based approach

解析：教育支出的现值为$250,000，支付的时间就在近期，而Red一家对于实现这笔目标的意愿很强（very strong desire），所以portfolio需要有很强的流动性和稳定性，Portfolio 1中cash占比最高，所以选A。