FG Trade/Getty Images
A brokerage account allows you to buy and sell stocks, bonds, and other investments through a trusted brokerage firm.
Brokerage accounts come in different styles for different purposes. For example, retirement investing.
Different types of accounts have different tax implications, so it is important to understand the type of brokerage account you have and any restrictions or requirements it includes.
See Business Insider’s picks for the best online brokerages »
A brokerage account is a type of financial account you can use to buy and sell stocks, bonds, funds, and other securities. Brokerage accounts typically come from a bank or stock brokerage firm that keeps your money and investments safe while enabling you to buy and sell supported assets.
If you want to invest in the stock market, you’ll need an investment account. But these types of accounts come in different forms. You may have multiple brokerage accounts for different purposes, including retirement.See the rest of the story at Business Insider
Buy-and-hold investing is a strategy Warren Buffett swears by for long-term financial growth — here’s how it worksThe average credit score to get approved for a private student loan, according to hundreds of thousands of applicationsHow banks can pay interest on your money
To discover more visit: feedproxy.google.com