Business
When you’re a beginner investor, the right brokerage account can be so much more than simply a platform for placing trades. It can help you build a solid investing foundation — functioning as a teacher, advisor and investment analyst — and serve as a lifelong portfolio co-pilot as your skills and strategy mature. Learning how to trade stocks successfully can be one of the cornerstones of your income producing plan. The US stock market affords people an opportunity to trade 13 hours per day. This time includes premarket (7a-930a) and after hours trading (4p-8p). All that is required is an internet connection and a brokerage account, Sounds simple enough right. If it were that easy everyone would do it. The problem is a lack of education and execution on the part of the investor/trader. Because people fail to acquire the necessary skill level it takes to be successful, many, unfortunately will lose money and begin to fear putting their hard earned money in the market. They instead decide to shift that investing responsibility to mutual fund managers. They then in turn will receive for the most part a lower return. But it also represented a safer way to invest in the eyes for many. So, the opportunity lies in the education of investors.