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Finance Flash Go! Episode #49: What is an Investment Brokerage?

Today on the Finance Flash Go! podcast, we’re talking all about what an investment brokerage is!

Listen to the full episode and subscribe here!

A brokerage is a company that serves as an intermediary for you to purchase investment products like mutual funds, stocks, bonds, and/or REITs among other products.

investment brokerage

You can open a variety of accounts within a single brokerage. For instance, you can open a Roth IRA and a taxable investment account with Vanguard.

You will also use a brokerage to invest your employee retirement savings if you have such an account. In this case, your employer would select your brokerage.

The key things to determine when you are selecting a brokerage are the investment products and funds available to you and the expense ratios that they charge you.

You should seek a brokerage with a wide selection of index funds.

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I really hope that you all enjoy the Finance Flash Go podcast! We plan to release a new episode every weekday answering important finance questions. If you ever want to submit a question to our podcast, send an e-mail to [email protected].

And please subscribe and give us a 5-star rating if you enjoy the podcast! It helps us continue our mission of helping all of us to achieve financial well-being!

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    Jordan Frey MD, a plastic surgeon in Buffalo, NY, is one of the fastest-growing physician finance bloggers in the world. See how he went from financially clueless to increasing his net worth by $1M in 1 year and how you can do the same! Feel free to send Jordan a message at [email protected].

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