ilmscore | Prediction Details
"instead of investing in just one company you're going to invest in hundreds of companies or thousands of companies depending on what the fund is that way now you're protected if one of the companies in this fund goes bankrupt well you have dozens or hundreds or maybe even thousands of other companies to protect you so what these funds do is the lower some of the risk"
By Minority Mindset | April 7, 2024 | Pending
From video
Be A Millionaire Index Fund Investor (Index Funds vs. ETFs vs. Mutual Funds) 01:16:37 - 01:16:54
Interpreted Prediction
Investing in diversified funds (ETFs, index funds, mutual funds) reduces risk by spreading investments across many companies, protecting against individual company bankruptcies.

Prediction Details

Topic
Diversified Funds

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