Investment diversification is a principle that investors follow. Is the principle of investment diversification that is...

60.1K

Verified Solution

Question

Finance

Investment diversification is a principle that investors follow. Isthe principle of investment diversification that is used byinvestors in our society based upon biblical principles or arethere other motives for investment diversification

Answer & Explanation Solved by verified expert
4.2 Ratings (889 Votes)
According to biblical principles we need to invest in at least 7 to 8 asset classes to minimize risk as it is little known what disaster might occur and its main advice is Dont put all your eggs in one basket The total risk    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students