Web Analytics
zobers101
Answered

If an investor possesses a portfolio heavily concentrated in futures, a financial advisor would most likely suggest adding which conservative investment to diversify the portfolio?

ACertificates of deposit
BFutures
CStocks

Verified Answer :

Stacrn91

The answer is Certificates of Deposits

holesstanham

Answer:

a. Certificates of deposit

Explanation:

Certificates of deposit are savings certificates that have a fixed maturity rate and a specified fixed interest rate. This certificate can be issued in any denomination aside from minimum investment requirements. This is most likely what a financial advisor would suggest in order to diversify the portfolio. Certificates of deposit are usually issued by commercial banks.

Related Questions