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You are a beginning investor with only $5,000 in savings. How can you achieve a widely diversified portfolio at reasonable cost
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2 votes
You are a beginning investor with only $5,000 in savings. How can you achieve a widely diversified portfolio at reasonable cost

User Hespen
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1 Answer

4 votes
Buy shares in a mutual fund. Mutual funds pool savings from many individual investors and then
invest in a diversified portfolio of securities. Each individual investor then owns a proportionate
share of the mutual fund's portfolio.
User Bylazy
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