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There are different types of brokerages, each offering varying levels of service: Full-service brokerages provide a range of services including investmentadvice, research, and retirement planning, such as Merrill Lynch. They primarily focus on executing trades, like E*TRADE.
If you’re not familiar with it, the show follows several young graduates who start working in sales & trading and investmentbanking at JP Morgan Pierpoint & Co. Another is the banter and “side talk” on the trading floor. They also do a ton of research on the jargon to describe trades.
Ive said before that nothing on this site is meant to be investmentadvice. That said, my annual investment/market updates always get a lot of traffic, so I thought it might be interesting to follow up on this years update with more of an advice article. at $600K, but youll also have far more to invest.
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