What is a typical day in the life of a stockbroker

A day in life of a Stockbroker 

Introduction

We can see in the financial field a way of working more exhausting and stressful than many other workplaces. One of the main reasons is that it’s an economic field of work where the money is always moving and the worker is constantly updated with the daily news. Therefore, if you want to succeed in this working area you need to be willing to give up many things. The hardest thing to give up that we see in most of common financial job, such as stockbroker is the sleeping time. This is a consequence directly related to a life of a stockbroker who wants to be successful, because the sooner you wake up the better you will be organized and on top of your game. That's why, the article that I will introduce you to will be very helpful to guide you through your day step by step in the right path.

The beginning of your career

Even if there’s every day an early morning the stockbroker is the master of his day, he is the one who chooses with who and how he will live his working days at a certain level of his career. But, in the first few years the young stockbroker will spend his time trying to find clients willing to invest their money. This period can be very hard for the worker because your revenue doesn't match with the amount of effort you put in finding investor. Preferably the main goal of the stockbroker is to find big investors with a large merge of assets to get a good bonus. This is not impossible to start with great connection as a worker in that financial field. The connection you have is one of the most important sides of this job. It is a very helpful clue.

The daily schedule

All this searching of clients turns around what we call, marketing. At the same time the worker needs organization in his workplace. Therefore, he is starting work two hours before the stock market opens. Those two hours will give you enough time to do your research for the whole day and watch the news.

When the stock market opens, the job of the stockbroker is to contact his clients and give advice on the management of their portfolio. After that, the worker meets clients and future clients and fills contract and documents.

The best thing to do for a new stockbroker during an evening is to find new clients, meet new people in this financial field and most importantly to market himself to this finance world. It is the step you have to follow to be successful.

Reference

• http://www.investopedia.com/ask/answers/09/life-of-stock-broker.as 

Glossary of Terms for the Financial field

Glossary of Terms for the Financial field

 

In this glossary you will find terms who will help you involve in your financial environment. The worker in the finance field as to know the right words and definitions of what he is talking about. This is a an important clue in finance, a work area ruled by money. Therefore it is very important to not be misunderstood.

Corruption: Dishonest behavior by those in positions of power, such as managers or government officials. Corruption can include giving or accepting bribes or inappropriate gifts, double dealing, under-the-table transactions, manipulating elections, diverting funds, laundering money and defrauding investors.

Closing Price: The final price at which a security is traded on a given trading day. The closing price represents the most up-to-date valuation of a security until trading commences again on the next trading day.

Downside: The negative movement in the price of a security, sector or market. Downside can also refer to economic conditions and it describes periods when an economy has either stopped growing or is shrinking

Down Jones BRIC 50 Index: A market capitalization-weighted stock index containing 50 of the most liquid and largest companies operating in Brazil, Russia, India and China (BRIC nations).

Falling Knife: phrase for a security or industry in which the current price or value has dropped significantly in a short period of time.

Fair Trade Investing: Investing in companies or projects that promote fair trade with producers in developing nations.

Glocalization: A combination of the words "globalization" and "localization" used to describe a product or service that is developed and distributed globally, but is also fashioned to accommodate the user or consumer in a local market.

Junior Equity: Junior equity refers to equity that ranks lower than some other form of equity. It normally refers to the common stock in a company because it is subordinate to preferred stock.

Kiting: The act of misrepresenting the value of a financial instrument for the purpose of extending credit obligations or increasing financial leverage.

Loan Shark: A person or entity that charges borrowers interest above an established legal rate

Negative Return: This occurs when a company or business has a financial loss

Power Ratio: A measure of a media company's revenue performance (i.e., advertising income) in comparison to the audience share it controls, calculated as follows: Company Revenue / (Audience Share * Total Market Revenue)

Over-selling: This occurs when a salesperson continues their sales pitch after the customer has already decided to purchase.

Ostrich: A term that refers to the tendency of certain investors to ignore bad news that can affect their investments.

For more resources related to this field or study, or to analyze the vocabulary in any text program-related or field-related article, go to FieldRelated.com.

Analyze your text for field-related vocabulary with FieldRelated.com

ManagementStudyGuide.com

ManagementStudyGuide.com



INTRODUCTION

ManagementStudyGuide.com is an advantageous clue in your life if you are a person working, studying or even if you just want to learn as a beginner in management. This helpful website also includes financial information walking you through the important aspects of this subject. The importance they put on little details and the precision of the definition show you how much they care about the reader understanding every aspect  of the website information. Therefore, it is easier for the reader to see the right path to choose to do good management.

The invention of MSG

The website  http://www.managementstudyguide.com/ was launched in 2008. It is always updated and developed by MSG experts who have experience in different field of industry workplaces who involve management.

That is one of the reasons why this website is so practical. It is viewed by 1,000,000 people per month from 198 countries according to Google Analytics.

Finance and StudyGuideManagement.com

There are nine different principal tabs just for finance. All these tabs show a large range of different aspects of the financial field made for different kinds of financial jobs like stock broker, financial analyst, manager and also for beginners who are thinking about investing their money.

For example, When you go on the financial investment tab you find details of every aspect and the importance they give on future planning and goals. They say that financial investment can also be used to prepare yourself for moment of future crisis. Therefore, the website approves the help of a  financial advisor. He will inform you about the risks that might come your way. Although one thing to be careful about is to not let the financial advisor take all the decisions for you. You have to be informed of all the conditions and terms your engaging yourself into. Investment is all about make your future secure and profitable.

There are also different ways to invest your money. It all depends on what you need, what is your objective and how much risk you are willing to take to have it. Therefore,  this website introduce you to different types of financial investment such as mutual funds, fixed deposits, bonds, stock, equities, real estate (residential/commercial property), gold/silver and precious stone. All of these different types of investment as their good and bad side and MSG is able to explain it in other tabs.

Other information available

If, you are interested in information for subjects other than finance this website as a lot to cover. ManagementStudyGuide.com can bring you information on different subjects such as, people management, marketing, organization, operations, skills development and many more. You can also make an account on this website and buy PowerPoint presentations and articles that you think will be helpful for you.

How to use create an account on ManagementStudyGuide.com

In this video, I will do a walkthrough demonstrating how to create an account on ManagementStudyGuide.com