Question

Erin bought stock with company XYZ, deposited money in a CD account, and started investing on a regular basis in a mutual fund. Did she diversify?
no
yes

Answer 1

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

What is a Portfolio diversification?

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.

Read more about diversification

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