Please find the investment philosophy in the attached file, however necessary changes to the investment philosophy need to be made to reflect investments only geared for the purchase of stocks, mutual funds or ETFs. (One constraint is that you cannot purchase the S & P Stock Index.) Such revised changes as well as investments need to be explained in the following context: What did you purchase and how does it relate to the investment policies and strategies statement you developed for Homework #1? Did you modify the investment policies and strategies? If you changed your investment policies and procedures what exactly did you update? If you revised your investment strategies did you inform the client?
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