Erin bought stock with company XYZ, deposited money in a CD account, and started investing on a regular basis in a mutual fund.

Question

2 years ago

6

Did she diversify?
no
yes

1 answer:

faust18 [17] · Answer 1 · 2023-03-18T07:43:29+03:00

It is true that Erin has a diversified portfolio as he invest in different investment.

<h3>What is a Portfolio diversification?</h3>

This refers to investing of funds in different asset classes and securities in an attempt to minimize the risk of a portfolio.

Hence, It is true & yes that Erin has a diversified portfolio as he invest in different investment.