You are a beginning investor with only $5,000 in savings. How can you achieve a widely diversified portfolio at reasonable cost

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asked Jul 27, 2021 23.5k views

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Bylazy · Answer 1 · 2021-08-03T07:46:57+0000

Buy shares in a mutual fund. Mutual funds pool savings from many individual investors and then
invest in a diversified portfolio of securities. Each individual investor then owns a proportionate
share of the mutual fund's portfolio.

You are a beginning investor with only $5,000 in savings. How can you achieve a widely diversified portfolio at reasonable cost

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