Your Complete Guide to Brokerage Accounts

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Are you thinking of taking your finance skills to the next level by learning the ropes of investing? If so — and if you’re considering investing in financial products like stocks, mutual funds and exchange-traded funds (ETFs) — it’s important to understand brokerage accounts and the role they play in helping you invest.

Whether you want to get into the stock market or learn what it means to diversify a portfolio, opening a brokerage account can be one of the most important initial steps on your journey. But first, you’ll want to understand what brokerage accounts are, the ways they work, how they can help you and what you need to do to open one. Use this guide to learn all that — and more — about brokerage-account basics.