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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.
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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