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Building a vehicle comparison spreadsheet is super helpful for processing the mountains of data you should be compiling if doing your due diligence when shopping for a new or used car. But if you ...
A brokerage account is a type of financial account that allows you to trade investments. With a brokerage account, you can buy and sell assets such as stocks, bonds, mutual funds, CDs and ETFs ...
Separately managed account. In the investment management industry, a separately managed account (SMA) is any of several different types of investment accounts. For example, an SMA may be an individual managed investment account; these are often offered by a brokerage firm through one of their brokers or financial consultants and managed by ...
3. Buy a money market mutual fund. Going with an ETF is one way to use funds to make your brokerage account look like a bank account. Another way is buying a money market mutual fund backed by ...
The uniform net capital rule is a rule created by the U.S. Securities and Exchange Commission ("SEC") in 1975 to regulate directly the ability of broker-dealers to meet their financial obligations to customers and other creditors. [1] Broker-dealers are companies that trade securities for customers (i.e., brokers) and for their own accounts (i ...
Registered retirement savings plan. A registered retirement savings plan (RRSP) (French: régime enregistré d'épargne-retraite, REER), or retirement savings plan (RSP), is a type of financial account in Canada for holding savings and investment assets. RRSPs have various tax advantages compared to investing outside of tax-preferred accounts.