https://docs.google.com/document/d/1unJmoCjrgd_qbZ2iaqy6gfbR9L4PiluGIzKZZKz8XzU/edit?usp=sharing

or
https://www.nerdwallet.com/article/investing/what-is-how-to-open-brokerage-account

What is the difference between a brokerage account and a savings account?

• You can use your savings account to directly invest in stocks

• You can use your brokerage account to directly invest in stocks

• Your brokerage account is the same as an IRA

• Your brokerage account is the same as a 401(k)

https://docs.google.com/document/d/1unJmoCjrgd_qbZ2iaqy6gfbR9L4PiluGIzKZZKz8XzU/edit?usp=sharing

or
https://www.nerdwallet.com/article/investing/what-is-how-to-open-brokerage-account

A recent college graduate realized she has some extra money in her budget and would like a way to invest it while also having access to it should she need cash.

• retirement

• brokerage

https://docs.google.com/document/d/1unJmoCjrgd_qbZ2iaqy6gfbR9L4PiluGIzKZZKz8XzU/edit?usp=sharing

or
https://www.nerdwallet.com/article/investing/what-is-how-to-open-brokerage-account
Remi contributes as much as he can to his employee-sponsored 401k and personal IRA. He would like to make more investments in individual companies to try and increase his long-term earnings.

• retirement

• brokerage

https://docs.google.com/document/d/1unJmoCjrgd_qbZ2iaqy6gfbR9L4PiluGIzKZZKz8XzU/edit?usp=sharing

or
https://www.nerdwallet.com/article/investing/what-is-how-to-open-brokerage-account
Naomi would like to invest for retirement but doesn’t want to worry about paying taxes every year.

• retirement account

• brokerage account

https://docs.google.com/document/d/1unJmoCjrgd_qbZ2iaqy6gfbR9L4PiluGIzKZZKz8XzU/edit?usp=sharing

or
https://www.nerdwallet.com/article/investing/what-is-how-to-open-brokerage-account
Ira is ready to take on some more risky investments and would like to start exploring options trading.

• retirement account

• brokerage account

https://docs.google.com/document/d/1unJmoCjrgd_qbZ2iaqy6gfbR9L4PiluGIzKZZKz8XzU/edit?usp=sharing

or
https://www.nerdwallet.com/article/investing/what-is-how-to-open-brokerage-account
How are online and managed brokerage accounts different?

• An managed brokerage account allows you to make investment decisions on your own

• An online brokerage account allows you to make investment decisions on your own

• An managed brokerage account has a human or robot fund manager

• An online brokerage account does not allow you to make decisions and has a robot fund manager

https://docs.google.com/document/d/1unJmoCjrgd_qbZ2iaqy6gfbR9L4PiluGIzKZZKz8XzU/edit?usp=sharing

or
https://www.nerdwallet.com/article/investing/what-is-how-to-open-brokerage-account
What must be true to open your own brokerage account?

• Must have a checking account

• 18+ years old

• Must have a parent signature under 25

• Must have a cosigner

Do you think you will open a brokerage account at some point?

• Yes

• No

• Not sure

Do you know what a 401(k) is?

What are the advantages of investing in a mutual fund, rather than an individual stock?

• A mutual fund is actively managed, resulting in lower overall fees
• A mutual fund is diversified, so your investment is lower risk
• A mutual fund has a target date to be sold, so you can pay less attention to changes in the market
• A mutual fund always pays out higher dividends than an individual stock