Question

Alonzo would like to invest his money with a group of investors to buy different investments managed by a

fund manager. What investment should he choose?
money market
O stock
O mutual fund
market fund

Answer 1

Alonzo should choose to invest in a mutual fund because it allows him to pool his money with other investors and benefit from professional management.

Step-by-step explanation:

Alonzo should choose to invest in a mutual fund.

A mutual fund is a type of investment where multiple investors pool their money together to buy a diversified portfolio of stocks, bonds, or other assets.

By investing in a mutual fund, Alonzo can benefit from professional management by a fund manager who makes investment decisions on behalf of the investors, reducing the need for individual research and monitoring.

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