which of the following is true about mutual funds? investors do not have to pay taxes on gains from mutual…

which of the following is true about mutual funds? investors do not have to pay taxes on gains from mutual funds. investors must keep mutual funds for more than three years. mutual funds are typically not as safe as certificates of deposit (cd). retirement accounts do not include mutual funds.

which of the following is true about mutual funds? investors do not have to pay taxes on gains from mutual funds. investors must keep mutual funds for more than three years. mutual funds are typically not as safe as certificates of deposit (cd). retirement accounts do not include mutual funds.

Answer

Brief Explanations:

Mutual funds are less secure than certificates of deposit (CDs) as CDs are insured by the FDIC up to a certain amount and have a fixed - rate return over a set term. Retirement accounts can include mutual funds. Investors are responsible for paying taxes on gains from mutual funds, and there is no rule that investors must keep mutual funds for more than three years.

Answer:

B. Mutual funds are typically not as safe as certificates of deposit (CD).