Broker
A regulated firm that gives investors access to financial markets, routing their orders to venues where they can be executed and holding their accounts.
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Commissions
The explicit cost of trading: what commissions are, the forms they take, how the spread and currency fees act as hidden commissions, why 'commission-free' isn't free, and how trading costs quietly erode returns.
401(k)
The US workplace retirement plan: pre-tax and Roth contributions, employer matching formulas, vesting, tax deferral, limits and withdrawal conditions.
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