18.S: Summary
- Page ID
- 83919
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Congratulations ‒ You Have Finished Chapter 18 ‒ Brokerages, Account Types, and Annuities
You have reached the end of chapter 18, Brokerages, Account Types, and Annuities. In this chapter, you have:
- Been introduced to various types of brokerage firms and other options for holding your securities
- Examined various types of investment accounts including regular taxable accounts and tax-qualified accounts
- Investigated the constraints and benefits of using tax-qualified accounts for long-term investing
- Examine the few advantages and the more numerous disadvantages of annuities as investments
You should now be able to:
- Describe various types of brokerage firms and other options for holding your securities
- Explain various types of investment accounts including regular taxable accounts and tax-qualified accounts
- Discuss the constraints and benefits of using tax-qualified accounts for long-term investing
- List the few advantages and the more numerous disadvantages of annuities as investments
So, where ya' gonna' put yer money, eh?
In a Roth IRA at a deep-discount broker? With your employer-sponsored 401(k) plan at work? In both? Oh, and yes, you are going to stay far, far away from annuities, right? Good! Dear Students, we are ready to tackle our very last chapter. We will briefly discuss Starting a Business: The Ultimate Investment. Ah, it is definitely not for everyone.