Brokerage Account: What It Is And Why You Need to Open One| Financial literacy for Beginner Investor

Brokerage Account: What It Is And Why You Need One. This wealth twins goes tells you what a broker is, the different types of brokerage accounts there are and also the different types of brokerage firms that offer them. If you were wondering why you might need to open an account at fidelity, charles schwab, or vanguard when you already have a job retirement account and a bank account then check out this video especially if you are a beginner that wants to invest. If you are interested in growing your wealth then you need a brokerage account to invest in stocks, bond, index funds and ETFs. Now that you know these things check out this brokerage account for beginners video!

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We are Nadia and Nicole and on the Wealth Twins Channel we are dedicated to increasing your financial independence. We create videos that will potentially help you reach financial independence, build wealth, and create generational wealth. We teach others how to invest money in the stock market and wealth building through the accumulation of passive income producing assets.

Our goal is to teach you how to be rich by using financial tips, saving money tips, and personal finance for beginners. If you want to retire early, be debt free, and make passive income please hit the subscribe button.

DISCLAIMER: The Wealth Twins, including but not limited to any guests appearing in our videos, are not financial/investment advisors, brokers, or dealers. Our videos are for educational purposes only. They are solely sharing our personal experiences and opinions. There are financial risks associated with investing. All investments involve risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. In order to make the best financial decision for your own needs, you have to conduct your own research and due diligence.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinions and comparisons.

#brokerageaccount #investingforbeginners #wealthtwins

[WealthTwins]

Do you think you need a brokerage account?

[DanielaMelchior-it]

A course worth $5000, absolutely free... Thanks

[AndrewHenry]

As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

[TheoSmits-zg]

Omg the amount of basic knowledge shared in this video is exactly what i have been looking for thank you so much! I grew up financially illiterate and only now started learning this stuff to protect my kids future. You seem so genuine and humble my eyes were glued to the screen😂 I feel like nobody ever shares their whole truth about investing. Times like this i wish youtube had a super like button

[ivybichon]

You’ve explained this so well. The terminology is so confusing. I’m turning 53. Maybe it’s a bit too late for me to retire “early” but I aware of the options available.

[StanGrande]

Definitely one of the best investment videos for BEGINNERS. The only way I can think of to improve the video is to add visuals to go along with the content. Many of us are Visual Learning. You can verbally explain everything perfectly and some of us will still be unable to fully grasp the content of the video. Add some visuals, however, and we're like, "Ah, now I understand." Example: When it comes to directions to a location, I would much rather use a map then read turn by turn directions written on paper.

[joevahniplaisil]

I’m 24 and I wanna start investing, I think I started well by watching this video as my first step

[samantha]

This was explained so well! Iv tried watching other videos about investing and they are not breaking down these terms well enough! So helpful

[shaydesofblue]

I just started a self investment within my bank Navy Federal Credit Union with a fee of $3.50. Just trying to see where this goes. This video gave me information I've seen searching for years.

[SillySmiley]

I'm a stay at home mommy looking to contribute an income to the house. Your video has made me feel like it's possible to become financially literate and begin generating wealth for my family. Subscribed!

[djoufackgeraud]

Thank you so much, you just gave me the best explanation that I could ever have gotten.

I was first skeptical about opening a brokerage account, but now with this year explanation, I can now knowledgeably open one

[jrod]

Wow, perfect I’ve been asking and asking friends and family on advice on how a brokerage account really works on 56 years old and everybody just has to go into terms that I don’t understand so this was absolutely perfect. Thank you.

[Wyzdom]

Thanks for sharing with simplicity and understanding with absolutely zero rambling and scrambling✅✅✅

[littletath]

this was an amazing explanation. it really cleared everything up for me. i am super excited to start investing now at 18 years old!! thank you!

[jrscott]

Shabbat shalom dear sister you are beyond Heaven., believe me 🌹💕🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🧐I can't express my gratitude enough for you Dear women... Yeshua bless you and family on this sabbath 🙏🏾🌹🌹🌹🌺🌹🌺🌹🌺🌹🌺🌹🌺🌹

[Truetoself]

Ma'am, I'm new to this country and even newer to the idea of investing. I have to say your simplified explanation has been a blessing. I have just subscribed, and you are the only channel I have ever subscribed to... Well done maam.... wish I could ask questions, but thanks. You make it direct for me to understand the basics and feel more confident to pursue trying to invest for my wife and my boys future...God bless you...gonna sign up for your newsletter too...

[RunzPwnz]

I have only just started looking into these concepts. You have explained everything 10x better than everyone else I have watched. I appreciate you.

[chitownn]

I haven’t really watched the video yet but I like the color coded bookcase

[graciousoctober]

This was succinct and informative! I am learning a lot from your videos.

[autobotdiva]

When i opened my taxable account it was so many investment stuff...overload. I put the s&p 500 in it. made a good decision.