1. A single company’s stock
2. A bank account for emergencies
3. A pool of money from many investors invested in a portfolio of securities
4. A type of insurance policy
Answer:
3. A mutual fund pools money from many investors and invests it in stocks, bonds, money-market instruments, or other assets as part of one managed portfolio.
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What are the three types of expenses in a personal or household budget? 1. Housing, Utilities, Food 2. Bills, Needs, Wants 3. Fixed, Flexible, Discretionary
Your balance continues earning interest according to your chosen allocations and you continue to have full online access to your account details as well as
