In a financial advice column discussing wealth management, the author writes: 'It convenes for young investors to diversify their portfolios as early as possible to mitigate risk.' Based on the context of this sentence, which of the following is the correct meaning of the word 'convenes'?
- is advisable or beneficialAnswer
- Bassembles or meets together
- Cis mandatory or legally required
- Dgathers physical assets in one place
Answer
is advisable or beneficial
The correct answer is 'is advisable or beneficial' because the sentence refers to the Spanish verb 'convenir,' which describes an action that is suitable, useful, or recommended. In this context, diversifying portfolios early is presented as a beneficial strategy to mitigate risk, rather than a physical meeting or a strict obligation.
Step-by-Step Solution
Key Concept
Inferring Vocabulary and Idiomatic Expressions in Context
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