question 4 of 6 ben is interested in diversif...
question 4 of 6 ben is interested in diversifying his portfolio. he wants to be able to easily manage many investment types at once, but does not want to pay high fees. which investment type is best for ben? select a response. individual stocks and bonds multiple cash equivalents exchange traded fund(etf) mutual fund
Answer
# Brief Explanations:
ETFs allow for diversification as they track an index or a basket of assets. They are easy to manage like stocks and generally have lower - cost ratios compared to mutual funds. Individual stocks and bonds require more individual management, and multiple cash equivalents don't offer much in terms of diversification for growth. Mutual funds often have higher fees.
# Answer:
Exchange Traded Fund (ETF)