Brokerage: Accounts and Need

brokerage: That might be one reason why more Americans are turning to the old-school brokerage account, according to Market Watch. Unlike retirement accounts, brokerage accounts also known as taxable investment accounts put very few limits on your money. When you're not quite sure where life might take you or what you'll need your money to do for you you want flexibility. You can withdraw what you need, when you need it, for any reason. There's a thirst for liquidity, says Laura Varas, founder and chief executive of Hearts & Wallets. That might explain why 42% of U.S. investors said they had a taxable brokerage account in 2018, up from 32% in 2010, according to a survey from Hearts & Wallets, a data research firm. (news.financializer.com). As reported in the news.