What is an online brokerage?

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What is an online brokerage?

Rounding it up

  • Online brokerages allow consumers to easily invest in the market with little starting capital.

  • Online brokerages come in two flavours: either self-managed or with the assistance of an investment manager.

  • Of course, these two “flavours” also come with different fees; make sure you understand when you’ll be paying and how that money will be deducted.

  • Understanding your budget and the status of your Registered Retirement Savings Plan account will help you form a more robust investment strategy.

6 min read

Dan Bucherer
#investing#investment#brokerage

Dan Bucherer

Dan is a runner and writer living in the Washington, D.C. area, where he currently works for a financial services trade association as the Communications Director.

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