 Who buys shares when you sell them? |
| If the price of shares in a company are dropping because people are selling them and nobody is buying them, where are they going? who is buying them? surely nobody would buy shares of a sinking ... |
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 Newbie Stocks? |
| I am new to stocks; I have always had an interest but no education. Where can I look to find out what different numbers mean such as PEG and P/E? Also I notice that a lot of stocks have a big jump ... |
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 Do you read the Wall Street Journal? |
| If so do you feel it benefits you? As far as investing decisions go?... |
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 Stock market? |
| Hi, Im a teenager and my dad just told me to buy some stocks cuz they are going to 'help' me later or whatever. So i need help. I dont even know what Stock Markets are (well i do but not ... |
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 Which Online Trading Should I Go For? |
Hi
I am new to all these markets and looking to start with it.
I wanted to go for an Online Trading Company like India Bulls, Sharekhan etc.
I aim for being both a L... |
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 How greedy will the stock market be when stocks start going up in price? |
| how many little greedy people will jump into stock for the expectations of making a ... |
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 If I am 23 what % of savings should be in the market? |
| I know there is a mix. I also have an IRA by the way but curious as what the experts recommend based on % of my money should be in the stock market.... |
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 When i sell my stock, My brokerage wont let me use it again until 3 days pass, is that the same for everyone? |
| My brokerage BanC of America if i sell 100 share of INTC it wouldn't let me either transfer or use it again to purchase something else for a few days, What gives????... |
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 I would like to know the best way to invest my money.? |
| As we all know tax rebates are coming, I am looking to start investing. I would like to get advice on the best types of accounts stocks, and mutual funds i can invest in on a monthly basis to ... |
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Katie R | Getting started as a Financial Planner/Advisor...? |
I have a BA in Business Admin & Management with concentrations in Accounting. I have worked in AP for 4 years... Where should I start my career? Banks won't hire me, too experienced for a teller, not enough for a Personal Banker... I am studying for the Series 6,7, 65, & 63. Also getting my CFP. Should I go back and get my MBA in Finance? Where do I start??? |
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Jess2424
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What is going on Fred, and you are an advisor? "Get your 7 and not 6 if you want to become a manager or something. Those are like the same licenses but the 7 is more in depth and tough" CRAZY!!! Fred-not the same licenses at all. You can't buy/sell individual stock, options etc. with a series 6.
First of all, you can not take these tests unless you are "sponsored" by a member of the NASD. Once hired and you want to become a financial advisor you take
-Series 6-allows you to offer/sell mutual funds, annuities, retirement plans and insurance product.
-Series 7-allows you to offer/sell individual stock/bonds/options (probably the most comprehensive of the NASD representative licenses. It is a PREREQUISITE for most of the NASD's principal examinations)
-Series 63-Covers your state laws and regulations
-Series 65-covers laws, regulations, ethics, and knowledge on specific investment products.
Once working and after all your tests, your new company may offer an opportunity for you to take the CFP and they pay for it and help you attain it. You do not need a MBA in finance to become an advisor.
If you really want to be an advisor (don't want to intern first to see if you like it), you can apply to the big houses like (Morgan Stanley and Merril Lynch). They both love taking new graduates and putting them through their training program. There you will be able to learn and take all the tests necessary and they will pay you.
My Biggest Advice-Don't send your resume to some Human Resource person in another state you aren't even working in. Call your local office up and ask for a meeting with the branch manager. Explain to him why you want to be a financial advisor and how you think you would be good at it. They love pro-active people coming out of college. People that take the initiative almost always have great opportunities in this field.
Good Luck. |
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babiebluez
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Ok sorry I don't really have an answer to your question. I'm interested in majoring in finance too though x) Long way to go for me.
Anyway, just want to wish you the best of luck in your career! Have fun ^^ |
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rosazamansarifdin
|
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REMNO Website: http://www.remnoclub.com/ |
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Hans
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i think you should do cfa exam to increase your value. |
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chiefredhairs
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If you want to be a financial advisor you just need your licenses. I recently graduated in finance and became an advisor this year. If you get your CFP designation and dont like the businesses it was a waste of time. You can also get your MBA part time... but if you are a succesful advisor you can easily make six figures a year after some hardwork and dont need your MBA. Get your 7 and not 6 if you want to become a manager or something. Those are like the same licenses but the 7 is more in depth and tough. I will eventually become a CFP because people like labels... (its just another test to take). So my advise is get your licenses and see if you like the business and then go from there. Good luck |
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njyogibear
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if i understand correctly, absolutely anyone can call themselves a financial planner. you don't need any particular degree, etc. so, why not hang up a shingle? |
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randyshermbcc
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YES, GET YOUR MASTERS IN FINANCE OR ACCOUNTING, OR TAKE THE CPA EXAM. USUALLY AT BANKS, THEY WANT EXPERIENCE, YOU USUALLY WORK YOUR WAY UP UNLESS YOU HAVE EXPERIENCE OR A MASTERS. ANOTHER WAY TO START IS TO START UP YOUR OWN FINANCE BUSINESS. WATCH THE STOCK MARKET AROUND THE WORLD, KNOW WHAT TO INVEST IN, LOOK AT INTEREST RATES!!! MY THOUGHTS.... INVEST IN GOLD TRUSTS, AND ANY STOCK MARKET BESIDES AMERICA. |
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