What would you call someone that invests others peoples money in the stock market.?
What would you call this job because this is what I want to do and go to college for. I want to invest and handle other peoples money.
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- a stock broker j
- You want to be a broker.
- Financial Advisor, Financial Planner, Investment Representative, Stock Broker. There are many terms and there are little difference but you get the basic idea.
- Money manager http://www.careers-in-finance.com/mm.htm
- There are few different jobs titles that allow you to do this. Not just a stock broker, though that would be the one that comes to mind first. 1. stock broker 2. financial adviser 3. money manager Of these, actually none of them require that you go to college to become. Though going to college and getting a strong background in accounting, economics (macro and micro), or business is a huge plus. Also keep in mind that you are going to need to get a Series 7 license. A tough test and its about $500 each time you take it. It sounds like to me though, the career you want to have is in money management. Make sure to take a good look at those career paths and see which one suites you best. All are very different, but all deal with investing other peoples money. It all starts with learning. My guess is you are still in high school and if you start now, you will have a good lead on your competitors. If you can find a mentor, that would be best. Second, read, read, read. It wont be a walk in the park, but its a great and rewarding career. I wish you the best, Christian Nago CEO - Intrepid Tradings Aurthur - http://ezstockinvesting.blogspot.com/
- A stock broker.........
- This person is called a stockbroker, or a registered representative. To become a stockbroker, it is recommended that you major in Finance, but any field is permitted. The thing to understand about finance-related jobs is that a lot of things are learned on the job. This is especially true when the job involves selling products such as life insurance or the job involves performing services on behalf of clients such as trading stocks. Typically, for these kinds of jobs, a standardized exam must be passed in order to obtain a license to render services like selling insurance or trading stocks to customers. To become a stockbroker, it is required that you pass an exam called the Series 7 General Securities Representative. This exam is administered by FINRA, which is the Financial Industry Regulation Authority. A firm recognized by FINRA must sponsor someone intending to take the Series 7 exam. Most firms that hire people in the capacity of stockbroker or financial advisor will have their new hire spend their first six months preparing to take the required exams, with the Series 7 among one of those exams. You should decide what type of broker you would like to become. There are two kinds of brokers: discount and full-service. Discount brokers do not offer any advice to clients because the fees are much smaller. Examples of discount brokerages are Ameritrade, Etrade and Scottrade among others. Full-service brokers often meet with clients in person and offer financial advice, and draw larger fees. If meeting with people in person is your thing, I recommend becoming a financial advisor.
- It could be a stock broker, money manger, mutual fund manager
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