annaCl1og2tayle
annaCl1og2tayle annaCl1og2tayle
  • 03-05-2016
  • Business
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Ray invested in two different savings bonds. Did he diversify?

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taskmasters
taskmasters taskmasters
  • 06-05-2016
Yes, Ray has diversified. An old adage says,"Don't put all your eggs in one basket". Dropping the basket will break all the eggs."
It is more diversified if each of the egg is placed in a different basket.
Like Ray, investing in two different saving bonds is diversification. 
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