Join ExamsbookAnswer : 2. "It helps you to balance your risk across different types of investments."
Diversification is important in investing because5
Q: Diversification is important in investing because
- 1It ensures that you only make low-risk investments.false
- 2It helps you to balance your risk across different types of investments.true
- 3It helps you gain the highest rate of return despite any risks.false
- 4It increases your overall risk, which guarantees that you will make more money.false
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Answer : 2. "It helps you to balance your risk across different types of investments."
Explanation :
Answer: B) It helps you to balance your risk across different types of investments. Explanation: