What is a stock? An ownership share in a company that allows you to participate in any gains or losses realized by the company. You own a piece (proportional to the actual number of shares you own) of the company in which you hold stock. Stocks are sometimes referred to as equities. While 403(b) and 457(b) investors cannot directly invest in individual stocks, they are permitted to invest in mutual funds that are composed of stocks, and they may invest in variable annuities that contain mutual funds which include stocks.   next question    back to investment questions view 403(b) questions    view 457(b) questions					403(b) Vendor List 457(b) Vendor List Savings Calculator Savings Distribution Calculator 403(b) Questions 457(b) Questions Investment Questions District Contacts Daryl DiZenzo Payroll/Benefits Accountant 203.594.4016 Mike Lagas Business Manager 203.594.4014 more resources