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Diversification, economic recession and economic expansion

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Define diversification, economic recession and economic expansion. What judgment would you make about diversification during an economic recession? An economic expansion?

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The expert examines diversification, economic recession and economic expansion.

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Diversification is an investment technique that tries to minimize risky in the portfolio by investing in several different types of securities. A diversified portfolio can ensure that a loss in one security is negated by a gain in another. Thus, diversified portfolio generally pose lower risk to the investor because it ...

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