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Difference Between a Brokerage Account and a Bank Account

Bank account: You put money in, it stores it safely and you can take some out as cash or use it with a card.

Brokerage account: You put money in to buy things like stocks, and your money can grow or go down in value.

So, banks save and pay you a little interest, while brokerages let you invest to try to grow money, with higher risk.


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