InvestQuiz.com
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What would be the best strategy for a new investor who has $10,000 to invest and wants to build a diversified portfolio?
Purchase several different mutual funds
Purchase three different bonds and three different blue chip stocks
Wait until the investor has more money
Purchase blue chip preferred stocks and gradually add stocks to the portfolio with dividends received
Whoops, oh no! Try again!
It's very difficult to build a diversified portfolio with only $10,000 and without mutual funds. Mutual funds are designed for investors who don't have enough money and/or expertise to build a diversified portfolio.
That was good, how about this?
09
00
00
What would be the best strategy for a new investor who has $10,000 to invest and wants to build a diversified portfolio?
1 of 2 people (50%) answered this question correctly.
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