Cook Byrd
09/07/2023 · Junior High School
What best describes a portfolio? Purchasing a 10 -year CD from your bank with a \( 3 \% \) APY. An investor's collection of investments. Taking the car you bought for \( \$ 3,000 \) and selling it for \( \$ 4,000 \). Purchasing a share of ownership in Nike.
UpStudy ThothAI Solution
Tutor-Verified Answer
Step-by-step Solution
The best description of a portfolio is "An investor's collection of investments." A portfolio typically refers to a grouping of financial assets such as stocks, bonds, mutual funds, and other investments that an individual or institution holds.
Quick Answer
A portfolio is an investor's collection of investments.
Answered by UpStudy AI and reviewed by a Professional Tutor
UpStudy ThothAI
Self-Developed and Ever-Improving
Thoth AI product is constantly being upgraded and optimized.
Covers All Major Subjects
Capable of handling homework in math, chemistry, biology, physics, and more.
Instant and Accurate
Provides immediate and precise solutions and guidance.
Try Now
Ask Tutors
Ask AI
10x
Fastest way to Get Answers & Solutions
By text
Enter your question here…
By image
Re-Upload
Submit