Good morning, everyone. Hey, Brian Neff here with Stop Being Sold. And in today's video, this is a common request that we get: help me understand what's in my brokerage account statement. So today's video, we're going to cover some of the key parts of what's inside
大家早安。我是 Stop Being Sold 的 Brian Neff。在今天的影片中，我們常收到這樣的請求：幫我理解我的券商帳戶對帳單。所以今天的影片，我們將介紹券商帳戶對帳單中的一些關鍵部分。
00:22
a brokerage account statement. First of all, I'm going to send this link down below the video for you. And I'm using Investor.gov. And there's a great section on there that goes step by step through the understanding your brokerage statement. And take a look at this.
And it's broken into six different sections. But let's go over this together. This way, I don't use a statement from a firm like the major Wall Street brokerage accounts. I'd rather use something that's going to be educational. And in that way, we're not under any thinking
that we're showing a brokerage account that we want you to do business with. So let's keep it neutral. And let's go over to brokerage account statement. You'll see all of these common things in your normal statement when you open it up. So before we get started,
though, if you like to content this video, or you got questions, or you would like a video made, put your comments down below the video, and make sure you hit the subscribe button. Let's go ahead and get started, folks. So on this page here is a normal brokerage account statement.
Now it's got all the pictures out of it never during, but this way we can go over it. Some common things that you're going to see inside your brokerage statement is over here on the left is the broker. Who is the broker? Okay, who is your advisor that set up this account for you?
And this may be traditionally, you might see the big name Wall Street firm here. And then below that, you'll see your name and address—always make sure that information is correct, because you won't receive statements if you've moved. Unless you have a foreign address,
you need to contact your brokerage and make sure that they've got your correct address at all times.
你需要聯繫你的券商，確保他們隨時擁有你的正確地址。
02:22
Also down below here, you'll also see who is your actual financial advisor for that firm.
在下面，你還會看到誰是該公司的實際財務顧問。
02:30
And make sure this information is always correct. And the phone number is their email address, so you can get hold of them at any given time. Now, when you do get a statement, the statement's always going to show the period ending. So when was this period, this whole statement talks about
what period? Was it a monthly period, maybe a quarterly statement? You'll show what happened transpired during that last time frame. So this one says ending January 31st. So it looks like it's the whole month of January. Okay, and it's going to break down what your asset value is.
How much do you have in cash? This account here, this fake account, has 30,000 in it.
你有多少現金？這個帳戶，這個虛擬帳戶，有30,000美元。
03:12
Assets held at Acme Brokers, 45,000. Other assets held not at the brokerage. You'll see this sometimes, especially if there's like insurance products or something like that, that are held at a different firm. So total value is 100,000; total value as of January 1st was 125,000. Okay,
so where'd the 25,000 go? Looks like the 25,000 may have went to this outside firm.
那麼25,000美元去哪了？看起來這25,000美元可能去了這個外部公司。
03:41
So look for stuff like that inside there. Also, you'll see a section that says primary investment objective. Your primary investment objective in this account is income. So someone's creator has this account that's taken income off of it. That's the primary objective. Okay, now let's go to
page two. Page two, and sometimes you might see this on the front page, just depends on the brokerage account—see how much stuff they stick on the front. Again, you'll have the statement period.
Mutual funds, 25,000. Investments held outside of this brokerage account, 25,000, for a total of 100,000. Okay, and a pie chart will break down them exact amounts for you. Okay, here it says investments held outside. Okay, there it is. It says 25,000 held outside, but your total account
value, including the outside investments, is 125,000. Now, over here, since this account was set for income, you'll see an earnings summary. So based on your account today, where it's invested at
today, they're estimating that your annual income is $7,500 from this account. And it also shows your purchasing power. Your purchasing power is how much you got in available cash that if today you were to invest into something, what could you invest into? Next section, this breaks
down the actual statement by period again, where it was cash value of purchases and sales, investments, deposits, dividends, interest, also the fees. You'll see the fees in there.
Transfers in, income reinvested, change in account value. So if the value of the investments went down, you'll see parentheses around this, like you do right here. So this was down to $1,000 last month. So and you'll see over here, you'll see a little pie chart that shows the account value
over the last 12 months—where this account has gone. Now, this account is in a slow steady decline.
現在，這個帳戶正在緩慢而穩定地下降。
06:02
But remember, in the beginning, and on that very front page, it said this account was designed for income. Well, when income's coming out, naturally, by default, the account's going to go lower.
But it's staying pretty steady though over the last 12 months. So that shows your investments are kicking off an income and is only slowly depleting your principal. So that's what that means so far. Again, how are your assets allocated? There's an overview of it, the market value of
each asset and the percentage of account assets in the whatever your allocations are. So like money market, 30% money market, 5% inequities, 25% mutual funds, fixed income, 15%. Again,
比如貨幣市場，30%貨幣市場，5%股票，25%共同基金，固定收益，15%。再次，
06:51
the 25%, the 25,000 outside assets, for a total of 100% of your portfolio. This is the stuff you want to see inside your statement. Now, you'll see a section on here on this next page, we're talking about transaction details. Okay, this is what happened. Anything that
transacted during the month. So January 1st, you received $10 interest. January 10th, you received $3,990 in dividends. But on January 31st, you sold ABC mutual fund. The transaction
cost—your fee—was $10. You sold $1,000 for 2801. Your cost basis was $25,000. That's what the cost basis is, which you originally paid for that product, $28,000 net minus the $10 transaction
cost. So it broke down what actually happened during the period for you. Always check this, because if you don't know that stuff's going on inside your portfolio and what the broker's doing, this is where you will see that information. And then you can always pick up a phone and say,
喂，我看到這些共同基金在這段時間內被賣出了。為什麼要賣出它們？
08:03
hey, I see these mutual funds were sold during this timeframe. Why were they sold?
Does that meet my objective of income? And where did the funds go after that? So always check up when your accounts, whenever you get them statements, read through them, watch this video, and ask questions. Okay. Next page, you'll see a section talked about account summary
and holding summary. We've already seen a lot of this talking about the income that received proceeds from the sales. Now, see this proceeds is $12,000, $28,000. Also down here, it shows withdrawals of $28,000. Well, let's see if we can see where them funds actually went to.
As we keep going through here, you've got your cash equivalent, dividends, short-term gains, long-term gains, $3,000, $3,000, long-term gains of $5,000. So this account's doing performing pretty well up to what the guidelines were.
Disclosures. The last, and I will say, it could be the last five, six, seven, eight pages of your statement. The majority of it is going to be disclosures. And it gives you the breakdown of any errors, what our fees are, what your investment objectives risks are, and most people will never
These are the disclosures that every firm must disclose. So if you see a statement without all these, it's usually a good sign that they're not disclosing what they should be disclosing because this is normal with any brokerage account statement that you receive as a breakdown of all
帳戶的價值，收入摘要是什麼，您的成本基礎是什麼。
09:57
the disclosures. Also, you also see sometimes changes in value, account summary. These are all the key words that were highlighted in sections. This is an explanation of each one of them, kind of like what we just went through on this video. This explains each section,
the value of the account, what the income summary is, what your cost basis was.
帳戶的價值，收入摘要是什麼，你的成本基礎是什麼。
10:23
These are all just normal definitions that you need to know. Just have a brief understanding what each of these are. And in that way, you can understand your statements a little bit better.
這些都是你需要知道的基本定義。只要簡單了解每個術語的含義，就能更好地理解你的報表。
10:34
But anyways, folks, that is how you read your statement and that covers today's video. Again, make sure you drop your information below if you would like to get questions on another type of statement you want us to read or any questions at all in the finance base. Drop that information
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