Often times when I see posts from people asking where to open brokerage accounts I don’t see people recommend banks, such as Chase or Bank of America. Is there any particular reason for that? My IRA is currently with my bank, Chase. Are there hidden fees that I’m not aware of? Using the chase app to transfer funds from my checking to investments is rather seamless.
Fun fact to hit the word count requirement: The New York Stock Exchange is over 200 years old
Though not as old as its European counterpart, the New York Stock Exchange is pretty old, too! The signing of the Buttonwood Agreement on May 17, 1792, is the founding date2 for the NYSE. In its earliest days, stock trading was done in coffee houses rather than in a specific building.