Answered

Welcome to Westonci.ca, the place where your questions find answers from a community of knowledgeable experts. Connect with a community of experts ready to provide precise solutions to your questions on our user-friendly Q&A platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

If the stock market goes down during a recession, you should focus on the long-term horizon and ensure your portfolio is well-diversified to minimize losses.

A. True
B. False

Sagot :

GinnyAnswer

Final answer:

Diversification in portfolios helps minimize risks during market downturns like recessions.


Explanation:

Diversification in a portfolio can help offset the risks of individual stock fluctuations, especially during market downturns such as recessions. By spreading investments across different assets, sectors, and geographic regions, investors can minimize losses during turbulent times. This strategy is essential for long-term financial health and stability.


Learn more about Portfolio Diversification here:

https://brainly.com/question/28260555


Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.