Jump to content

did my savings account become a brokerage account?


Recommended Posts

Anyone else have this experience?

 

I just noticed my Charles Schwab accounts page says I have a "brokerage" account. 

 

I thought it was a "savings" account. 

 

I'm no financial whiz, but I think I would have noticed at some point over the years if my savings account said "brokerage."

 

So I suspect this "brokerage" thing is a new development. 

 

I didn't try to make any investments or anything. I don't understand why it would change suddenly. 

 

Does it matter?

Link to comment
Share on other sites


Do you read all your terms of agreement amendments when sent out.  Top to bottom, completely, all those fine print notices you receive.

 

I never do.  Does make sense to have all accounts as brokerage accounts.  Use or don't, surely over the years, they've learned to conserve server & storage space.  Lower cost for them, low fees for you....win win.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.








×
×
  • Create New...