Question

I have to write a short explanation about diversification and its importance. I'm not good with explaining things... could someone give me some tips?

Answer 1

If this is referring to the diversification where you put your money into different systems such as stock, a regular savings account, mutual money funds, ect. Then you'll want to put your money into a variety of things. Such as a girl investing her money into stock, bonds, and mutual funds instead of just putting all her money into one thing. It is a way to spread out your money and get different benefits from each. I hope this helps(:

Answer 2

Thank you!! :D

Answer 3

You're welcome!