In Today’s Episode

Fact or Fiction is back! Eric and Brandon discuss Brokerage Accounts, and the strategies involved in utilizing them for retirement. The guys discuss the different types of income that you can generate from brokerage accounts.

What You’ll Get Out of Today’s Show

• A breakdown of what a brokerage account is and how to use it to your advantage
• Deep dive on short-term capital gains and long-term capital gains and how they are taxed
• What Qualified Dividends and Ordinary Dividends (Unqualified Dividends/Non-Qualified Dividends) are and how they are taxed differently
• DRIP (Dividend Reinvestment Plan) breakdown along with strategies on how to use them to your advantage
• What is a Robo-advisor? A description of what they are and how to know when to use one
• Professionally managed accounts
• A couple options and other tips to look at when finding the right brokerage account for you

Links Mentioned in This Episode

ignitiontowealth.com/resources

Ignitiontowealth.com

https://www.nerdwallet.com/article/investing/what-is-how-to-open-brokerage-account

https://jlcollinsnh.com/stock-series/

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