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.
Overall, opening an account takes about 15min or less, and every modern brokerage will allow us to do so online.
Any money we make on our investments is taxed.