Question

explain the anwser
To place your savings into different types of savings instruments is to _____.
Anwser is : diversify
GPT 3.5
Diversify means to spread out or allocate resources among different investments in order to minimize risk and maximize returns. In this context, placing your savings into different types of savings instruments allows you to diversify your portfolio and potentially reduce the impact of any single investment underperforming.

Related Questions

To place your savings into different types of savings instruments is to Split invest Diversify... Warm-Up: To place your savings into different types of savings instruments is to ___________________... To place your savings into different types of savings instruments is to _____. (1 point) Responses... The U.S. Treasury issues _____ for you to purchase. (1 point) Responses grantor bonds grantor...