Question

Explain nature and purpose of investment account

Answer 1

the term investment account refers to a type of cancel account that contains a deposit of fund and security that is held at a financial institution ....

Answer 2

Investment account

• An investment account is one that has been set up specifically for the purpose of making investments. Furthermore, if the number of investments is significant, a separate account should be formed for each investment.
• Cash and investments (stocks, bonds, ETFs, Mutual Funds, and so on) are held in an investment account to help one achieve those goals. Individual investors' trading accounts are managed by dealers and their certified investment advisors.