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Economics - Financial Markets
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What is the difference between a mutual fund and a company's stock? Select the best answer from the choices provided. Mutual funds are for retirement savings, but stocks are for many other investment goals as well. Funds and stocks have the same risks and rewards, but are regulated differently. Only brokers can sell stock shares, but mutual funds can be traded by anyone. Mutual funds consist of many stocks and securities, but stocks are for individual companies.
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@JoannaBlackwelder
My understanding of mutual funds is that they consist of multiple companies, while stocks only have 1.
yes
stocks are just investing in individual company
Right. So which one says that?
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@JoannaBlackwelder D
right
@JoannaBlackwelder
Yup :)
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