Kenny has $5,000 to invest, and this amount represents his entire net worth. He decides to split
Question:
Kenny has $5,000 to invest, and this amount represents his entire net worth. He decides to split his money evenly among five stocks in different industries. Is Kenny diversified? Why or why not?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Wiley Pathways Personal Finance Managing Your Money And Building Wealth
ISBN: 978-0470111239
1st Edition
Authors: Vickie L. Bajtelsmit, Linda Rastelli
Question Posted: