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11 October, 23:32

Ray invested in two different savings bonds. Did he diversify?

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  1. 12 October, 01:08
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    Yes, Ray has diversified. An old adage says,"Don't put all your eggs in one basket ". Dropping the basket will break all the eggs."

    It is more diversified if each of the egg is placed in a different basket.

    Like Ray, investing in two different saving bonds is diversification.
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