
137. SHORTS: What is a broker, and how do brokerage fees work?
If your only experience with the word “broker” comes from “The Wolf of Wall Street”, you might have some doubts about the concept. In truth, the word itself has a much more neutral meaning than Leo would have you believe. In fact, understanding the function of brokers is crucial to anyone who is looking to invest.
Fortunately, it’s something that the Get Rich Slow Club can wrap up in a few short minutes. In the time it takes you to finish the dishes, you’ll be well-versed in all things broker!
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The skinny
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