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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25-11-2020
Business

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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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Fbfbffjjd Fbfbffjjd · Answer 1 · 2020-11-25T22:15:25+01:00

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25-11-2020

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.

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