When you're ready to start investing, the first thing you'll need to do is open a brokerage account. But what should you look for in a broker and what do you need to do to get set up? You'll need to determine what brokers you're able to open an account with and also decide what you need in a broker. Do you need one-on-one help? You might want to go with a traditional full service broker. However, you will pay higher fees than you will with online discount brokers, which are convenient, have lower fees and some, even office locations. Once it's time to invest, don't forget to think outside the confines of stocks and bonds.

More from Video

Video: This One Mathematical Concept Can Make You a Millionaire

Video: This One Mathematical Concept Can Make You a Millionaire

AAP Exclusive: Nvidia is Tied to Crypto and That's Bad

AAP Exclusive: Nvidia is Tied to Crypto and That's Bad

Video: Abercrombie & Fitch Shares Surged 57% So Far This Year

Video: Abercrombie & Fitch Shares Surged 57% So Far This Year

Video: Why It's Key to Invest in Stocks Even If You Have Student Loan Debt

Video: Why It's Key to Invest in Stocks Even If You Have Student Loan Debt

Video: The S&P 500 Is Failing to Make New Highs

Video: The S&P 500 Is Failing to Make New Highs