当你买了基金，你会跟其他很多投资者将钱放在一起，这样你(作为团体的一部分)就可以雇佣专业的管理者来为你选择特定的有价证券。
When you buy a mutual fund, you are pooling your money with a number of other investors, which enables you (as part of a group) to pay a professional manager to select specific securities for you.
证券经纪公司包含很多部门诸如零售部，机构投资部，业务部，研究分析部，投资银行部和法规遵循部。
A brokerage is composed of many different departments. These departments include but are not limited to: retail, institutional, trading, research and analysis, investment banking, and compliance.
美国财政部报告称外国投资主要在美国证券上，但这个数据可能是保守估计了中国的隐藏数据，因为中国还通过非美元的中介购买美元资产。
America's Treasury reports on foreigners' investments in American securities, but these figures may understate China's stash because China buys some dollar assets though non-American intermediaries.
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