Corporate Bonds Safe

Question: which is likely to give you a greater rate of return: a checking deposit at a bank or the purchase of a ?
corporate bond? why?
which would be safer: putting all of your personal saving into Fly by night stock, or putting all of your personal saving into a mutual fund that has some fly by night stock in its portfolio? why?
defineand provide and example for:
debt finance
equity finance
Answer: i use a mutual fund--among other reasons it has a professional money manager who makes the decisions as to what to buy or sell
CMA High Income Bond Portfolio, Corporate Bonds, Coupons,Chicago