What is the main difference between the NYSE Euronext and the AMEX-NASDAQ?

The NYSE Euronext was the most prestigious stock exchange while the AMEX-NASDAQ
attracted smaller and lesser-known firms.
Why is portfolio diversification important?
Diversification helps mitigate the risk to you about such scenarios by choosing different
investments and types of investments.
How is stock market performance tracked?
The most widely cited measure of the market, the DJIA tracks the performance of 30 stocks of
large, well-known companies.
What is a futures contract?
A futures contract is a legally binding agreement to buy or sell a standardized asset on a
specific date or during a specific month.
Why do we have futures contracts?
A futures contract allows an investor to speculate on the direction of a security, commodity, or
financial instrument, either long or short, using leverage.
A friend has just come into a large sum of money and is planning to invest all of it in one or two
stocks that she is confident will quickly increase in value. Present an argument in favor of
diversifying her investment in a range of stocks rather than just one or two.