Brokerage Accounts Vs Mutual Funds Differences And Similarities
Perhaps the biggest difference between brokerage accounts and mutual funds is their structure. While brokerage accounts allow you to buy investments, mutual funds are investments themselves. Each has its pros and cons. Find out which one is best for you or if you may need both. What Is a Brokerage Account? A brokerage account is an account that is used by investors to buy, sell, and hold securities, such as stocks and bonds....