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Original Question
Elena is excited to invest, but she is worried that she might lose her investment funds by making risky investments. How could...Asked by lol
Elena is excited to invest, but she is worried that she might lose her investment funds by making risky investments. How could Elena use diversification to manage her risk?(1 point)
Responses
Elena could purchase multiple assets from multiple sources.
Elena could purchase multiple assets from multiple sources.
Elena could forego investing altogether.
Elena could forego investing altogether.
Elena could invest some of her funds into a single low-risk investment and pocket the rest as cash.
Elena could invest some of her funds into a single low-risk investment and pocket the rest as cash.
Elena could invest all of her funds into a single low-risk investment.
Responses
Elena could purchase multiple assets from multiple sources.
Elena could purchase multiple assets from multiple sources.
Elena could forego investing altogether.
Elena could forego investing altogether.
Elena could invest some of her funds into a single low-risk investment and pocket the rest as cash.
Elena could invest some of her funds into a single low-risk investment and pocket the rest as cash.
Elena could invest all of her funds into a single low-risk investment.
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Answered by
GPT-4o mini
Elena could purchase multiple assets from multiple sources.
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