What Is A Brokerage Account? Explained SIMPLY!

What Is A Brokerage Account? Explained SIMPLY!: In this video, Justin answers the question "What is a brokerage account?" in the simplest terms possible. This video is a VERY high level introduction to the topic of brokerage accounts and does not go into large amounts of detail. So, if you are confused about how a brokerage account differs from other types of accounts, or if you are new to investing, or buying stocks - start here.

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Thanks for watching!

[donnabarber]

Love the tablet! Very clear explanations.

[Tronized]

Really appreciate all your content Justin! I'm liking the new format. You're striking a great balance between camera facetime and using diagrams as clear and simple visual aids.

[darwinmounsey]

This was exactly what I needed, I thank you sir

[davidhartman]

Thank you. Very clear, concise and simple explanation.

[rachelwalters]

The tablet helps us visual learners, thanks 👍

[theevolutionofhan]

Hi Justin, thanks for trying to help us all learn. Question ~ at 1:18, when you say IRA growth is tax-free, can you clarify that please? Does that mean it's never taxed, not even when you take it out upon retirement? Or does that just mean it's not taxable now, but you do still have to pay taxes on it when you take it out for retirement, and at which point you'll be taxed at the future, potentially much higher, rate? Thanks.

[Biz]

Thanks for the info, quick and simple. Great video!

[Kmoye]

This was very helpful simple short video I love the drawings cuz I'm a visual learner thank you so so much if more your videos are like that I will greatly appreciate if they not I'm still going to watch it because you got right to the point thank you so very much🎉🎉🎉🎉