Is a CD a stock, mutual fund, index fund, ETF, bon...
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bunnytax18
New Member

Is a CD a stock, mutual fund, index fund, ETF, bond or option?

 
2 Replies
MinhT1
Expert Alumni

Is a CD a stock, mutual fund, index fund, ETF, bond or option?

A Certificate of Deposit (CD) is a type of savings account with a fixed interest rate that's usually higher than a regular savings account.

 

It is not a stock, mutual fund, index fund, ETF, bond or option.

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Critter-3
Level 15

Is a CD a stock, mutual fund, index fund, ETF, bond or option?

If the CD was bought and sold through a broker's account then it's listed like a stock sale so choose the stock sale option.

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