A savings account is a smart concept for everyone, including retail investors. Storing your cash in an interest-bearing position is a sensible monetary decision.
When you open a brokerage account, investment product fees, savings APY, and asset allocation requirements can affect the economics of your investments.
Whether you work with an investment advisor or day trading, the appropriate return on your investments will vary depending on the economic situation, your expectations, and your budget. You judge each investment on a case-by-case basis.
Luke Jacobi is a prominent professional known for his role as president of Benzinga, a famous financial media outlet. With a background in management and business operations, Luke brings valuable experience to his role, overseeing facets of Benzinga’s operations. Their contributions play a very important role in the good fortune of the company, ensuring the power and efficiency of the departments. Prior to his role at Benzinga, Luke held positions that honed his leadership and strategic decision-making skills. With a deep understanding of the monetary industry and a commitment to driving innovation, Luke continues to make significant contributions to Benzinga’s project of delivering high-quality monetary news and analysis.