Tony has been working as a Senior Analyst in an international investment bank for more than 7 years before quitting the job 2 years ago and joined as a Lecturer in Finance in a local university

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Tony has been working as a Senior Analyst in an international investment bank for more than 7 years before quitting the job 2 years ago and joined as a Lecturer in Finance in a local university. Because of his strong background, he has been very successful in investing in hi-tech stocks during the last few years but unfortunately, some of his investments have done poorly in the last few months. In order to lock-in most of the profits he made in the last few years, and to diversify his investment portfolio, he is considering to team up with his best friend Patrick to invest in commercial and residential properties

discuss the advantages and disadvantages of diversifying to commercial and residential property investments from Tony’s point of view.(300words)