What are investment accounts?

An investment account is a broad term applied to any account that holds cash or investments such as bonds, stocks, ETFs, cryptocurrency or mutual funds.

How do I choose the right type of investment account?

However, you can also take into consideration your long-term goals, fees and the two criteria above to find the right type of investment account. Here are six of the best options for most people. 1. Self-Directed Brokerage Account The self-directed brokerage account is an investmentaccount that gives you complete control of your portfolio.

What is the investment risk of a savings account?

The investment risk varies depending on the investment type. Term deposit and high interest savings accounts are basically no-risk investment accounts, but the returns are low compared to the potential for capital gains from trading shares. Margin lending.

What is an investment account with a robo-advisor?

An investment account with a robo-advisoris a new investment option that’s come along in just the last decade. A robo-advisor is a company that digitally manages client’s investments using proprietary software or an algorithm rather than human advisors. Typically, it invests client assets in a variety of exchange-traded funds (ETFs).