Worksheets7.7 #8 Q individual brokerage account article questions
Total questions: 12
Worksheet time: 2hrs 0mins
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?
