I share what some intimidating investing terms ACTUALLY mean when you're opening accounts. I help clients open up investment accounts all the time, and the most common roadblock they face is when they're asked if they want to add these "trading features": Options and Margin. In this episode, I explain what these fancy white men words mean.

Margin is basically all about borrowing money to buy stocks. I just use it to take out cash from my Brokerage account if I need to, but I transfer the money ASAP from my savings account to my Brokerage account so I don't pay interest. Options trading is an advanced trading tool that I have also used in my day trading days, but I don't anymore, because honestly, I would much rather buy stocks I can set and forget so I can move on with my baller ass life.  

The language of money is intended to be exclusionary, but I'm changing that. Say no to the margin and options features when opening investment accounts if you are a beginning investor. Here's why!

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