Depending on the type of investing taht you plan to do, you amy need to hire a broker to handle your ivnestments for you. When you instruct your broker to buy or sell a stock, they earn a set percetnage of the transaction. There are two types of brokers: Full service brokers and discount brokers. Full service brokers can usually offer more types of investments, may provied you with investment advice, and is usually paid in commissions. However, if you are already knowledgeable about the stock market, all you really need is a discount broker to make your trades for you.
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