1. Which of the following is NOT an advantage of a diversified portfolio?
A. No need to time the market
B. Use dollar cost averaging
C. Rebalance daily
D. Cost matters
2. A company’s stock is _______ the underlying firm.
A. The same as
B. Similar to
C. Less risky than
D. More risky than
3. Which of the following is NOT one of the four major mistakes investors make?
A. Being too conservative
B. Being too aggressive
C. Trying to time the market
D. Not using a money manager