ECONOMICS
SAVING AND INVESTING
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
person who acts as a go-between for buyers and sellers of stocks and bonds
|
|
|
a place (physical or internet) where stocks are traded.
|
|
|
company plans that provide retirement income for their workers (401k)
|
|
|
spreading out of investments among several different types of accounts to lower overall risk
|
Detailed explanation-1: -Investment brokers serve as go-betweens for buyers and sellers on the stock market. They enable their clients to purchase stocks, bonds and other securities from the exchanges.
Detailed explanation-2: -A stockbroker is a regulated representative of the financial market who enables the buying and selling of securities on behalf of financial institutions, investor clients, and firms. A stockbroker is also called a registered representative or a broker.
Detailed explanation-3: -A stockbroker is a financial professional who executes orders in the market on behalf of clients. A stockbroker may also be known as a registered representative (RR) or an investment advisor. Most stockbrokers work for a brokerage firm and handle transactions for a number of individual and institutional customers.
Detailed explanation-4: -A broker is an individual or firm that acts as an intermediary between an investor and a securities exchange. A broker can also refer to the role of a firm when it acts as an agent for a customer and charges the customer a commission for its services.
Detailed explanation-5: -Online brokers. A new form of digital investment that interacts with the customer on the internet. Discount brokers. A discount broker is a stockbroker who performs buy and sell orders at a reduced commission rate. Full-service brokers. 07-Dec-2022