Wheelan's chapter 7, "Financial Markets" of the book, Naked Economics, states that "...basic economics can give us the sniff test. It provides us with a basic set of rules to which any decent investment advice must conform." These "set of rules" include all of the below EXCEPT THIS ONE. Which of the below is NOT one of these rules for wise investment?     Take risk, earn reward,.       Engage in high risk short-term trading.       Diversify your investments.

Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter25: Portfolio Theory And Asset Pricing Models
Section: Chapter Questions
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Wheelan's chapter 7, "Financial Markets" of the book, Naked Economics, states that "...basic economics can give us the sniff test. It provides us with a basic set of rules to which any decent investment advice must conform." These "set of rules" include all of the below EXCEPT THIS ONE. Which of the below is NOT one of these rules for wise investment?

 

  Take risk, earn reward,.

 

 

  Engage in high risk short-term trading.

 

 

  Diversify your investments.

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