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Information on Stock Brooking? - Jack - 03-06-2014 02:59 AM
Basically, I'm unsure of what career to go into after finishing university.
I'm currently doing a law degree but I am considering entering the business world rather than the legal one.
I literally have no idea on stocks, the stock market or stock brooking- but I want to learn about it to know if it's something I would be interested in.
Any suggestions on what books to read/ materials to look at?
Thank You.
- Express - 03-06-2014 03:04 AM
No books needed just get 1,000 and invest and play with it. Win or lose you will learn alot as you try to make money with it, it would be the same as you paying 1k and wasting time in a college class.
So play with it but dont use more then 1k until you got your head around the game. Also Scottrade is the best service for buying stocks, also stay far far far away from penny stocks. If you can get in this week I recmomend Facebook before Wedesday.
>>>>>>>>>>>>>
- Andy - 03-06-2014 03:14 AM
I'd suggest that you look at the web-site for CISI - the Chartered Institute for Securities & Investment. That has brilliant information about all the specific qualifications needed to do the various roles in the sector - and there are hundreds of variations. They also allow you to join as a student and pay & take the exams through an on-line process. I am sure that most potential employers will be impressed to see that you have researched the sector and know what examination route you want to take.
- Ray - 03-06-2014 03:27 AM
There are several different aspects in stockbroking requiring different skills.
Companay analysis/research.
Institutional sales.
Retail sales.
BacK-office (settlement).
Some are client facing where you need communication skills and some are not.
In all financial jobs there is the possibility of good money, against that you may have qualms about the industry in general.
If you are interested I would suggset talking to a few medium/large brokers with a view to getting a trainee position. Then you should be able to work in different areas of broking.
Or take Andy's advice and try the CISI.