Definition of «investment account»

An investment account is a type of financial instrument that allows an individual or institution to make investments and potentially grow their money over time. This can include various types of accounts such as mutual funds, brokerage accounts, retirement accounts, and more. The goal of these accounts is typically to generate returns through the purchase of stocks, bonds, or other securities, with the potential for capital appreciation and/or dividend income. Investment accounts can be managed by a professional money manager or self-managed depending on the individual's preference and level of investing experience.

Sentences with «investment account»

  • You have to open some type of investment account with them in order to open the checking account, but you don't have to use them. (thebrokeprofessional.com)
  • My daughter is about to turn one year old and I'd like to start some sort of investment account for her. (money.stackexchange.com)
  • They allow people to put a portion of their annual income into investment accounts specifically for retirement. (us.axa.com)
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