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Open a brokerage account review

Lesson in Course: Ambition reviews (beginner, 5min)

Part 2 of Prioritize investing

Brokerage accounts

A brokerage is a middleman that connects us with other investors in the market to buy and sell assets. Some brokerage accounts will do most of the investing legwork for us. Knowing how much time we want to spend on investing helps determine which brokerage will best suit our needs.

 

The account opening process

Overall, opening an account takes about 15min or less, and every modern brokerage will allow us to do so online.

 

Tax documents

Any money we make on our investments is taxed.