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Accumulating Wealth Flashcards | StudBud
Accumulating Wealth
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Which statement most accurately describes the risk involved with a mutual fund?
A
A mutual fund is low risk because a bank pays you interest on your money.
B
A mutual fund is low risk because it involves investing in the US govt.
C
A mutual fund’s value is stable, so the risk is low.
D
A mutual fund has a diversified portfolio, so the risk is spread out.
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