the purpose of having a diversified investment portfolio is to lower the amount of money needed for an…

the purpose of having a diversified investment portfolio is to lower the amount of money needed for an investment. eliminate the need for working with a professional. lower the investment risk. avoid paying income taxes.

the purpose of having a diversified investment portfolio is to lower the amount of money needed for an investment. eliminate the need for working with a professional. lower the investment risk. avoid paying income taxes.

Answer

Brief Explanations:

Diversification spreads investments across different assets, reducing the impact of poor - performing assets on the overall portfolio, thus lowering risk. It doesn't lower investment amount, eliminate need for professionals, or avoid income taxes.

Answer:

lower the investment risk.