Choosing a Broker

Nov 26, 2011
wizzard
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Choosing a Broker

Depending on the type of investing that you plan to do, you may need to hire a broker to handle your investments for you. Brokers work for brokerage houses and have the ability to buy and sell stock on the stock exchange. You may wonder if you really need a broker. The answer is yes. If you intend to buy or sell stocks on the stock exchange, you must have a broker.

Stockbrokers are required to pass two different tests in order to obtain their license. These tests are very difficult, and most brokers have a background in business or finance, with a Bachelors or Masters Degree.

It is very important to understand the difference between a broker and a stock market analyst. An analyst literally analyzes the stock market, and predicts what it will or will not do, or how specific stocks will perform. A stock broker is only there to follow your instructions to either buy or sell stock… not to analyze stocks.

Brokers earn their money from commissions on sales in most cases. When you instruct your broker to buy or sell a stock, they earn a set percentage of the transaction. Many brokers charge a flat ‘per transaction’ fee.

There are two types of brokers: Full service brokers and discount brokers. Full service brokers can usually offer more types of investments, may provide you with investment advice, and is usually paid in commissions.

Discount brokers typically do not offer any advice and do no research – they just do as you ask them to do, without all of the bells and whistles.

So, the biggest decision you must make when it come to brokers is whether you want a full service broker or a discount broker.

If you are new to investing, you may need to go with a full service broker to ensure that you are making wise investments. They can offer you the skill that you lack at this point. However, if you are already knowledgeable about the stock market, all you really need is a discount broker to make your trades for you.

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__HOLA como estas *STICKS WIZZARD DRAGON HERE: TO :ALL YOU CREATIVE ARTISTIC OPEN MINDED ENTREPRENERISTS * *GREAT ENERGY *VIBS* DISCIPLINED*VERY FOCUS ****THEIR IS NEVER*EVERE *ANY PROBLEMS ONLY FANTASTIC AMAZING SOLUTIONS **OBSTACLES *ARE TO BE CONQUER* TAKE ACTION *GAIN KNOWLEDGE AN TAKE ACTION =HAPPINESS ITS A WIN!!!WIN!!!! ALL THE WAY*****__I AM A VERY EXTREMMMMXXX FOCUS ANCIENT SPIRITUAL CREATIVE ARTISTIC *OUT OF THE BOX ARTIST ENTRENEURISTS* ARTIST* THAT LOVES ,BEYOND GAINING AN SHARING ALL KNOWLEDGE "WEALTH" IS NOT JUST AN ALL ABOUT "MONEY" " COMMUNICATIONS " ARE EXTREMMMMMMMMMMMMMMXXXXXXXX* IMPORTANT* gracias HOLA como estas'Too EVERY ONE** My Stage name is STICKS WIZZARD DRAGON *AS*,I AM A VERY EXTREMMMXXXX PASSIONATE CREATIVE ARTISTIC OUT OF THE BOX ANCIENT SPIRITUAL TRUE RENAISSANCE ARTIST ENTREPRENUERIST ARTIST*&*INVESTOR*WHO LOVES BEYOND & BEYOND TO CREATE INFINITE HAPPINESS*&WEALTH ***********GAINING ALL KNOWLEDGE & SHAREING ************ I within the SPIRITUAL Passions of all Music and all Life every where within Gods Infinite UNIVERSE ,Love all Styles of Music ,As I am A TRUE Renaissance ARTIST that express My Artistry From and within all THE arts ,My drumming artistry * EXTREMMMMXXX DYNAMIC*(TECHNIQUES)ARE VERY TEXTURED ACCENTED COMPLEX RHYTHMS (COLORED)(SKILLS*) comes from all THE GREAT OLD DRUMMERS* .ALL * Styles Of JAZZ*ROCK*LATIN*Funk*Progressive JAZZ*SOUL*BLUS*Hard rock,OLD ROCK & ROLL, Progressive Latin /JAZZ.Country,Swing Jazz,Big Band*JAZZ Classical & Classical JazzZzZZZzzZZZZZZ,As within THE EnTerTainMent *(*BIZ*)-WORLD I have Traveled Around THE World 4-Times PERFORMING**,I play ALL PERCUSSION InStruments PLUS VERY HEAVY Within the VOCALS*/(PIANIST LYRICIST(COMPOSER)..* I am also A very( Schooled)Ballet/TAP/Jazz/Spanish/Street Dancer,My ballet Styles is of the Russian imperial & The French & Italian cheNetti Styles,I also Draw with Pencil & oil paint,And sculpture all within Mother Nature all my drawings are of Beautiful women IN FACT you*can see some of them right Here just go to*(* my pictures*)),that I vission from DEEP within My Mind Travels,*(*DREAMS*) and Meditations,,I am A Vegan Gourmet chef,I work out 7 days a week ,I love all adventures,Exploreing,Fun,Excitement,all Kinds of Cultural events,Classly Night clubs,Ballets,Musicals,Concerts, all Museums,..I flow within all ancient eastern & western philosophys,Mysticism,Mythology,Metaphsics,astrology,I love all out door events I love all Oceans,Lakes,Rivers,Streams,Water falls,All Mountains,deserts,Jungles,All nature adventures,EnchantMent.EXPLOREING, As when I Spiritually Journey deep within My Soul of My Spiritual Mind ,I always new THAT ,I was a DRUMMER percussionist From ancient Time, *** an Journey MYSELF within My SPIRITUAL Mind..as WITHIN THE LIGHT OF GODS INFINITE LOVE & TRUTH within this INFINITE UNIVERSE***GRACIAS OLa como estas'Too EVERY ONE** My Stage name is STICKS WIZZARD DRAGON as I within the SPIRITUAL Passions of all Music and all Life every where within Gods Infinite UNIVERSE ,Love all Styles of Music ,As I am A TRUE Renaissance ARTIST that express My Artistry From and within all THE arts ,My drumming artistry * EXTREMMMMXXX DYNAMIC*(TECHNIQUES)ARE VERY TEXTURED ACCENTED COMPLEX RHYTHMS (COLORED)(SKILLS*) comes from all THE GREAT OLD DRUMMERS* .ALL * Styles Of JAZZ*ROCK*LATIN*Funk*Progressive JAZZ*SOUL*BLUS*Hard rock,OLD ROCK & ROLL, Progressive Latin /JAZZ.Country,Swing Jazz,Big Band*JAZZ Classical & Classical JazzZzZZZzzZZZZZZ,As within THE EnTerTainMent *(*BIZ*)-WORLD I have Traveled Around THE World 4- Times PERFORMING**,I play ALL PERCUSSION InStruments PLUS VERY HEAVY Within the VOCALS*/(PIANIST LYRICIST(COMPOSER)..* I am also A very( Schooled)Ballet/TAP/Jazz/Spanish/Street Dancer,My ballet Styles is of the Russian imperial & The French & Italian cheNetti Styles,I also Draw with Pencil & oil paint,And sculpture all within Mother Nature all my drawings are of Beautiful women IN FACT you*can see some of them right Here just go to*(* my pictures*)),that I vission from DEEP within My Mind Travels,*(*DREAMS*) and Meditations,,I am A Vegan Gourmet chef,I work out 7 days a week ,I love all adventures,Exploreing,Fun,Excitement,all Kinds of Cultural events,Classly Night clubs,Ballets,Musicals,Concerts, all Museums,..I flow within all ancient eastern & western philosophys,Mysticism,Mythology,Metaphsics,astrology,I love all out door events I love all Oceans,Lakes,Rivers,Streams,Water falls,All Mountains,deserts,Jungles,All nature adventures,EnchantMent.EXPLOREING, As when I Spiritually Journey deep within My Soul of My Spiritual Mind ,I always new THAT ,I was a DRUMMER percussionist From ancient Time, *** an Journey MYSELF within My SPIRITUAL Mind..as WITHIN THE LIGHT OF GODS INFINITE LOVE & TRUTH within this INFINITE UNIVERSE***GRACIAS

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