Jason Is a Stockbroker Who Is on Variable Compensation

question 72

Essay

Jason is a stockbroker who is on variable compensation.In good years he receives a healthy bonus that might triple his base salary.During these times he is accustomed to a lavish lifestyle,driving expensive cars and taking exotic vacations.He knows it is important to save for retirement but he makes RRSP contributions only in years in which he receives good bonus cheques.In poor years he will receive only a base salary.During these poor years he finds himself scrambling to pay off debts and meet monthly expenses.
He always seems to have more unexpected expenses during these times,too.He always has at least $1000 cash in his wallet and tries to avoid the use of credit cards as much as possible.Jason is funding all short-term goals with current earnings and hasn't set any mid- or long-term goals.
He is frustrated by his wildly fluctuating income and his constant concern about his potential earnings at the beginning of each year.How can you assist Jason?

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Definitions:

DNA

DNA, a molecule responsible for carrying the genetic blueprints essential for the growth, development, operation, and reproduction of every known living organism and numerous viruses.

Mutation Events

Changes in the genetic sequence that can occur spontaneously or due to environmental exposure, which can lead to variations in traits among organisms.

Meiosis

A type of cell division that results in four daughter cells each with half the number of chromosomes of the parent cell, essential for sexual reproduction.

Sex Cell

A type of reproductive cell in an organism that unites with another from the opposite sex (or mating type) to form a new individual.