contestada

The stocks in Wayne’s investment portfolio lost value in the recession, but he also had CDs and a savings account. The effect of his investment diversification on his finances was to

Respuesta :

Answer:

reduce risk

Explanation:

Since in the question it is mentioned that if the stock is made in Wayne’s investment portfolio that lost the value in the recession period but at the same time he has the CD and the saving account

So this diversification of investment effect is to decreased or reduced the risk. also, the diversification of investment made in different investment schemes is known as the portfolio and the same is to be done by him

Therefore it is a reduce in risk technique

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