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Man, those test proctors really come down hard on talking. I got kicked out for bellowing quietly in the corner and chewing on a test booklet.

Securities: What They Are

Securities: What They Are

Now that you know what a security isn't, you also know what a security is. Of course, the exam isn't going to let you get away with that kind of free-and-easy confidence. It's going to try to conjure up a few little nasty Jedi mind tricks here and there to trip you up. Think about this for a moment: is an option on a commodity futures contract or a single stock futures contract a security? Back to that in just a moment.

Now here, fresh from the pages of the USA, are investments that meet its...

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