Last Updated on July 25, 2022 by The MediFi Guy Broadly speaking there are two types of investment accounts: Traditional Brokerage Accounts (also known as discretionary accounts) and Tax Advantaged accounts. These two types can be further subdivided, but for our purposes, the most important thing to understand for now is the difference between the two. What are Traditional Brokerage Accounts? A traditional brokerage account, or discretionary account, is what most people think of when they think of an “investment account”. It’s an account that you open with a registered…
Read MoreThe Types of Investment Accounts
