How do I know which of my investments are better off in my IRA, Roth IRA or brokerage account? -Peter It’s great that you’re considering this – many people overlook the importance of where to hold different investments. Often, this is due to a lack of awareness about how significantly it can impact overall returns. […]
Tag: brokerage
Exclusive-Chinese brokerage CICC cutting dealmakers’ base pay by 25%, sources say
By Selena Li and Julie Zhu HONG KONG/SHANGHAI (Reuters) – China International Capital Corp (CICC) is cutting the base pay of onshore investment bankers by as much as 25%, three sources said, in a major effort to reduce costs amid volatile markets and Beijing’s austerity drive. Some of the impacted dealmakers were notified on Friday […]
Here’s Why You May Want to Keep a Little Cash in Your Brokerage Account
Image source: The Motley Fool/Upsplash Your brokerage account, for the most part, is not an account you want loaded with cash. If you want access to cash for emergency expenses and near-term financial goals, then a savings account is your best bet. Your brokerage account, by contrast, should be loaded with stocks and other investments […]
Here’s What Happens to the Money In Your Brokerage Account if You Die
Image source: The Motley Fool/Upsplash You work hard to put money into your brokerage account. In some cases, you may not be able to spend the entire amount you have invested before you die. If that happens to you, you’ll want to be sure your hard-earned funds end up in the right hands. So, what […]
A brokerage app hired an army of 1,700 influencers and misled investors on social media, regulators say—and it just got slammed with a massive fine
Regulators are taking aim at misleading investing advice on social media: Brokerage app M1 Finance just got fined $850,000 for hiring an army of influencers who advertised false claims about the company. FINRA, a government-sponsored nonprofit overseen by the SEC that regulates public brokerage firms, announced the fine Monday after an extended investigation into social […]