Why is it important for people who own stocks and bonds to diversify their holdings? What type of financial institution makes diversification easier?

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter8: Savings,investment And The Financial System
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Why is it important for people who own stocks and bonds to diversify their holdings? What type of financial institution makes diversification easier?

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