Investing - Stock investing software?! What do you use? - Canada

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RE: Stock investing software?! What do you use?

Postby montyloree » Fri Apr 04, 2008 04:51:25 AM

Hmm...

Monty,what's new ? Can a stock broker become a stock investor in Canada?

I believe so..
Why wouldn't a stock broker be able to purchase stocks at the same time?

They just have to keep within the securities regulations.
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RE: Stock investing software?! What do you use?

Postby JHarrison » Fri Apr 04, 2008 12:21:05 AM

Well,thanks for that query and i think you are interested to become a stock broker.Check the following steps to learn "How to become a stock Broker"

Step 1 :Begin to organize for your Brokerage career in high school by taking courses in math, economics and business. And even with a small sized float, you can manage your own stock portfolio (in a parent’s name if you are under 18) allowing you to learn about diverse investments and their returns. Do learn how-to-invest time.

STEP 2: Join or start a Stocks and Bonds Investment Club, which compares dissimilar investment opportunities, analyzes results and jointly invests its funds, $20 bucks each is all you need. Re-invest your gains or distribute your profits.

STEP 3: Go to College or University. Most brokers are College graduates with a degree in finance, economics or business. Real business experience or a strong desire is all-it-takes to capture the attention of the Investment Firm you target.

STEP 4: Pass the Canadian Securities Course, administered by the Canadian Securities Institute (CSI). All provinces require the Financial Planning Course be complete and that you pass the Examination within three years. The Canadian Securities Institute also requires ongoing continuing education… forever.

STEP 5: Be advised to take advantage of on-the-job training, obtainable through most brokerage firms via their sales assistants programs, preparing you for the above exams’, a process that takes four to six months (some never pass). It is self directed!

STEP 6: A person passing the mandatory exams, becomes a Stock Broker, a registered representative agent of his or her sponsoring firm. Now garner support from your contacts and join the Chamber of Commerce… and network… network… network.

STEP 7: Anticipate a very competitive work environment after being employed. Firms often hire a plethora of graduating college and university students as juniors; with the expectation or knowledge that a large percentage of you will ‘wash-out‘ during the gruelling early months of training, while building your clientele or book.

STEP 8 : Emphasize your studies and work experience in finance, economics and/or business when writing your résumé. A professional, aggressive image is crucial at the sponsoring dealers interview, where prospective employers will be testing your drive, evaluating your resolve and your business adviser savvy.

Due-diligence, is the Key to being a best-of-class broker, to the benifit of your client.

Tips & Cautionary Warnings - The Bull and the Bear of it!

* Success in the brokerage business is qualified and quantified by sales volumes. It can be a realistic and rewarding career move for someone changing over from a sales position in real estate, insurance or the banking business and the Canadian Bond Market for example.

* Sample firsthand the products you’d be brokering by visiting any brokerage firm, agent, promoter, advocate, bank or mutual fund Web site. Also, visit job fairs where securities firms are recruiting and talk to a real live stock broker. Get live data in due-diligence, business and life.

* Negotiate a sales assistant position, become a Junior, with the right to have a number of your own clients… why not get paid while you take the course, become an advisor, and build your book.

* A Stock Broker, as in any sales position, needs to be thick skinned to succeed, and especially surviving those lean early years.

I am sure this could definitely help you out and Feel free to post any queries.
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RE: Stock investing software?! What do you use?

Postby JHarrison » Thu Apr 03, 2008 11:05:27 PM

Monty,what's new ? Can a stock broker become a stock investor in Canada?
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RE: Stock investing software?! What do you use?

Postby sdumae » Wed Apr 02, 2008 09:24:39 AM

Steve,welcome to this forum and it is a real pleasure in having you here.
I just bumped in to website and i am sure this will help to solve your worry.
Check this out- http://stocks.about.com/od/investingsoftware/Software_Tools_to_Help_You_be_a_Better_Investor.htm
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RE: Stock investing software?! What do you use?

Postby montyloree » Wed Apr 02, 2008 09:11:20 AM

hey Money Advice..
Can you recommend 5 different stock investing softwares and their websites?
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RE: Stock investing software?! What do you use?

Postby sdumae » Wed Apr 02, 2008 09:07:30 AM

First of all i wish to welcome Mr James to this lovely community of intellectuals and there is no doubt that Monty is one such genius :).Coming back to your question,it is certainly a difficult choice choosing between Stocks and Mutual funds.I advice you to follow your instinct in choosing between the two.All the best James and feel free to post any question.
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RE: Stock investing software?! What do you use?

Postby JHarrison » Wed Apr 02, 2008 08:49:14 AM

what's up here guys ? Which is better stock or mutual funds ?
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RE: Stock investing software?! What do you use?

Postby montyloree » Wed Apr 02, 2008 08:43:45 AM

Ruth,
You are welcome to this discussion forum!

Please do feel free to ask any questions.. We may or may not have the answers but we'll do our best.
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RE: Stock investing software?! What do you use?

Postby montyloree » Wed Apr 02, 2008 08:41:26 AM

Hey Steve,
thanks for dropping by today..

There seem to be more and more stock investing software on the market. They all seem to have different personalities and do different things.

What types of stock investing software are you interested in?
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RE: Stock investing software?! What do you use?

Postby SThomas » Wed Apr 02, 2008 08:39:08 AM

What are the latest stock investing softwares available ?
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