. How does whole life insurance work? What kind of "rights" does it include? What are the major differences between owning stock and bonds in a company? Which is riskier, overall? Why? Is the OTHER type of investment completely risk- free? If not, what kinds of risk does it hold? What is an index fund (Hint, it is a special kind of mutual fund)? What is an exchange traded fund? Why do they exist? How do they work? What is the difference between an open-end fund and a closed-end fund? Can I buy an open-end fund at any time? If not, when CAN I buy it? clip What are some examples of discount brokers? What are discount brokers known a