Investment diversification is when an investor will place their investments in multiple
categories to reduce risk. Spreading out your investments will allow you to have almost a safety
net if one category falls. Equity mutual funds are funds that invest p
Compound interest gives money value over time because you make money on both the
money you placed into the account as well as the interest you have already earned. Compound
interest is a great example of principal 2: Money has Time Value.
A common example