Your parents give you $3,000 as a graduation gift and you decide to invest the money in

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Your parents give you $3,000 as a graduation gift and you decide to invest the money in the stock market. If you are risk averse, should you purchase some stock in a few different companies through a website with low transaction fees or put the entire $3,000 into a mutual fund? Explain your answer.

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Related Book For  answer-question

Money Banking And Financial Markets

ISBN: 9781260226782

6th Edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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