07/20/2021
Investing 101: "What is" questions...
What is a Stock? A stock (aka equity) is a security that represents the ownership of a fraction of a corporation.
What is a Mutual Fund? A mutual fund is a type of financial vehicle made up of a pool of money collected from many investors to invest in securities like stocks, bonds, money market instruments, and other assets.
What is ETF (Exchange Traded Fund)? An EFT is a type of security that tracks an index, sector, commodity, or other asset, but which can be purchased or sold on a stock exchange the same as a regular stock.
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