I’ve been asked at the interview what to recommend to the high-net-worth investor who is 40 years and who never invested before and who wants to invest for their kids education and has the investment horizon of 10 years.
I answered that I would suggest buying some etfs, tips and some individual growth stocks. They were not impressed with my answer. And told me that they wanted someone who would be able to construct the alternative portfolio. So what would be the answer to that hypothetical question?