The DOTM file extension is a Microsoft Word File template developed by Microsoft Corporation in its version of 2007 and 2010 document template files. The Microsoft Word program allows users to share and create various documents with the help of an extensive set of tools and aided by Microsoftâs easy to use interface.
Definition. An interest rate applied to a loan or margin extended by a broker. When an investor wishes to make a purchase that is in excess of the cash in hand, a brokerage firm will automatically provide access to additional capital. An interest rate will be applied to this extension of a loan, which compensates the brokerage firm for access to the capital.
What is a brokerage account? A brokerage account allows you to buy and sell everything from stocks and bonds to mutual funds, currency, futures and options contracts, depending on the broker. Some brokerage accounts are taxable, which means the money you earn from investments within the account can be subject to capital gains taxes. But if your goal is to invest for retirement, you could open an IRA or Roth IRA at your broker to gain special tax benefits. Is a brokerage account right for you? If youâre investing for something other than retirement, wonât need the money in the next five years and are interested in managing your own investments, then a regular, taxable brokerage account is a good choice. Here are our top picks for best online brokers. If your goal is to save for retirement, then you should first make the most of the free money available through your 401(k) match.