Which option describes a cheaper way to buy and sell investments on your own with minimal personal help?

• A. Robo-Advisor
• B. Active Investing
• C. IPO (Initial Public Offering)
• D. Discount Broker

Answer: (D)

Discount brokers provide the lowest-cost way to buy and sell investments on your own with minimal personal help. They offer an online trading platform that lets you place trades and manage your portfolio yourself, often with little to no commissions. You get access to the tools and markets you need, but you’re not paying for extensive financial planning or ongoing advice, which keeps costs down.

Robo-advisors, by contrast, charge ongoing management fees for automated portfolios. Active investing can incur higher trading costs and taxes from frequent trades. IPOs involve fees and access limits and aren’t a steady, low-cost path for regular self-directed trading.