Beginning Investor? |
| I haven't yet purchased any stock, I am currently in the learning process. Say the minimum amount I have to spend to purchase a mutual fund is $1000.00. Would that only be worth 1 share? Or ... |
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Did you know the Federal Reserve is privately owned? |
What the hell is a private bank doing controlling money flow? Additional Details The Federal Reserve System (also the Federal Reserve; informally The Fed) is the central banking system ... |
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22,000 swiss francs to invest and no debts, what do I do? |
| have no bills and 15 weeks paid holiday a year, any ideas on how to invest my money and how to make the most of my free time.... |
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How can cash be an investment? |
Additional Details just asking cuz i see alot of mutual funds say that they are 80% in stocks and 20 % in cash it makes no sense why cash is an ... |
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Best Way to Use Money as A Student? |
| I am an 18 year old high school graduate beginning college next semester. I have accrued $3,000 and I would like to make my small amount of cash work for me. I've looked into online trading, ... |
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Have you ever heard of shoe polishing machines? |
| Can it be a wise choice to invest in developing countries?how much does it cost to buy one?... |
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Does Fidelity Investments have a stock symbol? Are they a publicly traded company? |
| I cannot find any details about Fidelity Investments from a company profile and stock information standpoint. There Company website provides limited info on them as a company (great for the services ... |
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What's a good "unusual" investment? |
| I want to dump 10% of my stock portfolio into some sort of "unusual" investment. Something crazy. Something that's uncorrelated to the rest of the stock market. I'm not talking ... |
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Whats going to happen to the Solar Industry? |
| While solar power seems perfect for energy use, the bottom line is that it is not cost efficient. How can an investor be ready to make the most of this (possibly) emerging industry?... |
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A question on investing and P/E ratios...? |
| When looking for stocks to invest in, why would you want to buy stocks with a high P/E ratio? A low P/E ratio means a company charges less for shares and earns more per share than, say, a company ... |
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What do u think about my returns on the market, Sucessful Hedge fund founder a possibility? |
| Well I started learning how to invest in the stock market around August of last year. Since august I managed to make 600+ every month with about 5000-8000 invested and currently im getting good to ... |
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Why people buy one share of a company? |
| i saw in annual reports that some people hold only one share in the total share capital.... |
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What is the typical employer contribution (matching funds) for a 401(k)? |
| My employer will match .50 cents on the dollar. But you have to contribute at least 3% of your pre-tax dollars per pay period in order to get the matching contribution. My husband said this was a ... |
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Investment idea-one shot, put your money down, what would you do? |
Ok, say you don't have much money. You can get by, but nothing extravagant.
You have $1500 to invest. In anything. Stocks, loan it to a friend, buy a stack of lottery tickets, run a bingo ... |
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Tilly | What is the role of a Stock Broker? |
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Twisted Angel
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Apart from buying or selling shares on your behalf, most advisers or stockbroking firms also offer:
advice on traditional investments such as shares, debentures, government bonds and listed property trusts
advice on a wide range of non-listed investment options (eg cash management trusts, property and equity trusts, etc)
investment plans tailored to your financial needs
planning, implementing and monitoring of your investment portfolio
retirement planning
research on national and international trends to help maximise your returns and minimise risk |
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BigBen
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Although the primary task of brokers is the buying and selling of securities (keep in mind that the word securities refers to the world of financial or paper investments, and that stocks are only a small part of that world), such as stocks, they can perform other tasks for you, including the following:
- Providing advisory services - Investors pay brokers a fee for investment advice. Customers also get access to the firm's research.
- Offering limited banking services - Brokers can offer features such as interest-bearing accounts, check writing, direct deposit, and credit cards.
- Brokering other securities - Brokers can also buy bonds, mutual funds, options, Exchange Traded Funds (ETFs), and other investments on your behalf.
Personal stockbrokers make their money from individual investors like you and me through various fees, including the following:
- Brokerage commissions - This fee is for buying and/or selling stocks and other securities.
- Margin interest charges - This interest is charged to investors for borrowing against their brokerage account for investment purposes.
- Service charges - These charges are for performing administrative tasks and other functions. Brokers charge fees to investors for Individual Retirement Accounts (IRAs) and for mailing stocks in certificate form. |
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walt17jr
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In simple terms a Stock Broker is someone who buys or sells stock for an investor.
A stock broker "may" also be an investment adviser. But that is not an inherent part of his function. Depending on the company he works for, he may or may not provide investment counseling or tax advice. At a discount broker, he will place your order and that is usually all he will do. At a full service broker you can also get investment advice. The extent of the advice you get will depend on the size of your account. You get what you pay for!
Depending on the company he works for a stock broker may work on commission or be a salaried employee.
So if you are looking for a broker, first decide how much help you want besides the placing of trades. |
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chungsty
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The short answer is due to regulation. Before 1933 when the Securities Exchange Commission was formed, there was a lot of crooks and investors lost money. The regulations was created to help protect investors.
A stock broker is a registered rep and must passed standardized exams such as the Series 7 and Series 63. Additionally, the applicant for a stock broker must have a clean form U-4, which is a public document and covers ten years of the applicant's prior work history. Keep in mind that the applicant also has to pass an FBI background check such as criminal history. It's no joke.
Therefore, a stock broker is someone who is knowledgeable about investments and has passed the necessary background checks to take your stock and options orders. |
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collin s
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On top of buy and selling shares for you , they take the risk when they accept you as their client .
Eg; In Singapore and Malaysia , there is this thing call contra trading .
If you fail to pay for the contra losses , the company will go after the stockbroker once they have tried all the legal means. |
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stevexnelson
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To generate commissions by constantly selling stocks and other financial products. also, I hope it is their role to help their clients improve their net worth. |
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Black Knight
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That's the theory, at any rate, The majority are commissioned salesmen, however, so every advice should be taken with a grain of salt as it is obviously biased. My recommendation is to seek out a qualified independent financial adviser, one not tied to or paid by a major bank or brokerage house. |
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