Which of the following are advantages of investment clubs?
I. Small investors can pool their money to build a portfolio.
II. Members can share research responsibilities.
III. Individual members may have different goals and tolerance levels for risk.
IV. Investment clubs typically buy stocks for the long term rather than short term profits.
A) I and III only.
B) III and IV only.
C) I, II and IV only
D) I, II, III and IV
Answer: C
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