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What's the difference between speculating in funds and stocks?
The speculation of funds and stocks is different in the aspects of issuer, liquidity, risk degree and income, as follows:

1. Issuer: Shares issued by a joint stock limited company when it raises its share capital. Non-joint-stock companies cannot issue stocks, and investment funds are issued by investment fund companies.

2. Liquidity: Most funds circulate in the stock market, and their prices fluctuate with the stock market, so the liquidity of funds is stronger than that of stocks.

3. Risk degree: the risk of stocks is greater than the risk of funds.