your cousin has come to you for advice. she is getting serious about her equity investments for the first time, and she is considering four options...

your cousin has come to you for advice. she is getting serious about her equity investments for the first time, and she is considering four options for her money: 1) a portfolio of individual stocks that she will select, 2) a portfolio of actively managed mutUAL funds, 3) an index mutual fund, and 4) a portfolio of thought process? what do you think is a reasonable rate of return for her expect from her equity investments over time?