Answered

To diversify is to
(1 point)
Have checking accounts in 5 different states
O Have at least 10 different checking accounts
dhm
O Place your savings into different types of savings instruments
O None of the above

Verified Answer :

GinnyAnswer

Final answer:

Diversification involves spreading investments across various assets to reduce risk and maximize returns.


Explanation:

Diversification is the practice of spreading investments across various assets to reduce risk. By diversifying your investments, you are not putting all your money into one single investment, which helps in minimizing potential losses and maximizing returns. For example, instead of investing all your money in one company's stock, you could invest in multiple companies' stocks to diversify your portfolio.


Learn more about Diversification here:

https://brainly.com/question/38219471


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