Ask Question
1 October, 13:41

If an investor possesses a portfolio heavily concentrated in bank checking accounts, a financial advisor would most likely suggest which of the following aggressive investments to diversify the portfolio?

A money market account

An Individual Retirement Account

Certificates of Deposit

Stocks

+3
Answers (1)
  1. 1 October, 15:06
    0
    For the answer to the question above, a financial advisor would most likely suggest "stock" investments to diversify the portfolio since the return rate for CDs is very low (albeit stable) while the return rate for stocks is much higher (albeit more volatile).

    So the answer is stocks.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “If an investor possesses a portfolio heavily concentrated in bank checking accounts, a financial advisor would most likely suggest which of ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers