Asked by Sylvia Joseph on Jun 10, 2024

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The old adage, "Don't put all your eggs in one basket," is very similar to a modern bit of advice concerning financial matters:

A) "Buy low-risk bonds."
B) "Use a medium of exchange."
C) "Diversify."
D) "Intermediate."

Diversify

The attempt to spread investment risk by selecting a variety of investment options within a portfolio.

Adage

A short, pointed and memorable saying that expresses a truth or insight.

  • Acquire knowledge of the risk-return tradeoff in investment decision-making.
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michel muemboJun 12, 2024
Final Answer :
C
Explanation :
"Diversify" is the financial advice that most closely aligns with the adage "Don't put all your eggs in one basket," as it suggests spreading investments across different assets to reduce risk.