you just inherited $25,000 and want to invest it 1. as you consider investing in fixed-income securities,
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Question:
you just inherited $25,000 and want to invest it
1. as you consider investing in fixed-income securities, specifically bonds, or investing instead in stocks, clearly articulate one pro and one con of investing in each of these two asset classes
2. instead of investing in just one asset class, you consider diversifying your portfolio into both stocks and bonds. explain the concept of diversification and how you might put it into action here.
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