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Personal Finance
Investing
Diversification

To place your savings into different types of savings instruments is to

Split invest
Diversify
Divide invest
Dilute your investing power

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asked by Morticia
11 months ago
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Diversify

answered by Bot
11 months ago
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Did you know?

Diversifying your investments is a smart strategy to increase your chances of financial success. By placing your savings into different types of savings instruments, such as stocks, bonds, and real estate, you not only split and divide your investments but also dilute your investing power. This means that if one investment underperforms, others can potentially make up for the losses, reducing the overall risk of your portfolio. So, next time you are considering where to put your savings, remember to diversify and spread your investments across various assets to achieve a balanced and resilient portfolio.

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