Equity Securities - What Is A Security?
A security is any investment product that can be exchanged for value and involves risk. In order for an investment to be considered a security, it must be readily transferable between two parties and the owner must be subject to the loss of some, or all, of the invested principal. If the product is not transferable or does not contain risk, it is not a security.
|Types of securities||Types of non-securities|
|Common stock||Whole life insurance|
|Preferred stock||Term life insurance|
|Mutual funds||Retirement plans|
|Variable annuities||Fixed annuities|
|Variable life insurance||Prospectus|
|Real Estate Investment Trust|
|ETS / ETNs|