There's a common misconception that being a good investor is complicated and hard to get right. Lots of people think that they need to read books, pore over companies' financial statements, and learn all kinds of new terminology, like P/E ratios, gross profit margins, and so on. Now, that's one way to do it, if you're interested and you have the time. But there's also a much easier way to invest – find a stock broker that does the hard work for you. You don't need to do it all alone. In fact, some stock brokers have prebuilt and professionally managed portfolios built around your investing needs. All you need to do is decide how much to invest, and your broker handles the rest. Take this top brokerage account for example. It’s one of our favorites for passive investors. It has multiple types of managed portfolios available, and even a robo-advisor to figure out where to invest your money! If you want to spend as little time as possible on your investments, you could simply use one of those managed portfolios. And if you decide you want to have a bit more control, this broker also has an easy-to-use trading platform where you can invest in mutual funds, ETFs, and individual stocks. Here are a few more highlights of what this feature-packed broker has to offer: IRA investing, including traditional and Roth IRAs No minimum deposit to open an account Commission free trading on U.S. listed stock, ETF, and options (options trades have a standard fee of up to $0.65/contract) Investing isn't something that needs to take hours out of your day. With the passive investing options this broker provides, you could automate everything and spend hardly any time managing your portfolio. Ready to see everything this brokerage account offers? Check out the full review here to learn all about its valuable investing tools. |