Brokerage Account: What It Is And Why You Need to Open One| Financial literacy for Beginner Investor

Do you think you need a brokerage account?

Well explained...even less informed can follow along and expand their research...bravooo

I want to start trading, but I don't know how to get a Brooker yet😢

Thank you for this information

I can’t understand this

❤❤❤❤❤❤😂

Can you do a video on Fix income Annuities

Hello, why is it not a good idea to leave your money parked in a brokerage account?
I just did this, l’m receiving a 5.28% interest rate with a exp. Ratio of 0.11 Vanguard/ VMFXX.
Should I have opened a high-yield savings account instead?
If so, why?

Excellent information ℹ️! You answered all of my questions and left me with no doubts… I am now very well informed 👏

I would like to know when depositing into an annuity can you withdraw money from this account?

Excellent breakdown

❤❤❤❤Excellent work thank you ❤❤❤❤

Question, so you don’t recommend investing on your own?

So how much is need to set up this account?

Excellent, you're the best of the best.Great explanation.

Is it okay to have 2 accounts? Like a ROTH from my credit union and also a regular account from one of the common brokerage firms?

Ps. This one of the best break down videos on yt. Tysm i actually feel like im learning somthing 😊😮

This was succinct and informative! I am learning a lot from your videos.

How do you value a brokerage account compared to a 401k/Roth 401k type account? The long term capital gains tax rates in a brokerage account seem much more favorable than the marginal tax rates one pays if they use a traditional retirement account. With the Roth, the money is locked up until 60 or so, whereas the money in a brokerage is accessible.

Well done.

This was explained so well! Iv tried watching other videos about investing and they are not breaking down these terms well enough! So helpful

You did an EXCELLENT job!! Thank you!

Shabbat shalom dear sister you are beyond Heaven., believe me 🌹💕🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🧐I can't express my gratitude enough for you Dear women... Yeshua bless you and family on this sabbath 🙏🏾🌹🌹🌹🌺🌹🌺🌹🌺🌹🌺🌹🌺🌹

Wonderful, informative content. Thank you!

Please make a video on how one can save money living off their savings/No income due to job loss..

I have two. One for short term and long term goals. I liked how it provides annual capital gains and dividends. Just don’t like that one of them is taxed account money market fund and I just opened a municipal account for short term.

You’ve explained this so well. The terminology is so confusing. I’m turning 53. Maybe it’s a bit too late for me to retire “early” but I aware of the options available.

When i opened my taxable account it was so many investment stuff...overload. I put the s&p 500 in it. made a good decision.

Hi thx for the great info, I am 61 and don't have a lot invested in IRA I lost a lot few mths ago and thought I should change to 70/30, invest, do you think that's a good idea at 61.
Thx.

Thank you keep up the great work. New subscriber

You really did an outstanding job of covering this information!! I have some investments that I started with just 1 share. Without a brokerage account some funds charge $2500 and more just to invest in them. I can watch how they do without risking very much in the begining. I compare how well they do in real time with well known greats like QQQ Voo SCHD In many cases I have actually done better or the same. In the situation that they don't do well I have tested without putting much at risk usually not all do well or do badly the combination then allows me to invest more in the good ones and hang on to the bad and to see if they do better over time or sell them' Again with very little risked at first. This approach has kept me at or above the market. This is a slow process but very rewarding in the long run. I get to test a lot more stocks and become more knowledgable about a larger number of investments honing my research skills.