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What is the primary purpose of diversification in an investment portfolio in General? a) To guarantee high returns b) To eliminate all investment risk c) To reduce overall portfolio risk d) To maximize short-term gains

What is the primary purpose of diversification in an investment portfolio in General? a) To guarantee high returns b) To eliminate all investment risk c) To reduce overall portfolio risk d) To maximize short-term gains

Personal Finance
Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter13: Investment Fundamentals
Section13.5: Four Safe And Effective Strategies For
Problem 2CC
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What is the primary purpose of diversification in an investment portfolio in General? a) To guarantee high returns b) To eliminate all investment risk c) To reduce overall portfolio risk d) To maximize short-term gains
Transcribed Image Text:What is the primary purpose of diversification in an investment portfolio in General? a) To guarantee high returns b) To eliminate all investment risk c) To reduce overall portfolio risk d) To maximize short-term gains
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