Your parents give you $2,000 as a graduation gift and you decide to invest the money in

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Your parents give you $2,000 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 web site with low transaction fees or put the entire $2,000 into a mutual fund? Explain your answer.

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Money Banking and Financial Markets

ISBN: 978-0078021749

4th edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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