These Stock Market Myths are for the Gullible

Hey aspiring stockbrokers, the following stock market myths are common. Read more...

What is the Series 7 Exam for Stockbrokers

Individuals who want to enter the securities industry to sell any type of securities must take the Series 7 examination—formally known as the General Securities Representative Examination. Individuals who pass the Series 7 are eligible to register with all self-regulatory organizations to trade. The Financial Industry Regulatory Authority (FINRA) administers the Series 7 examination. For more information, visit FINRA’s website where you can learn about the Series 7 exam and its qualification and registration process.

SOURCE: http://www.sec.gov/answers/series7.htm

More information about the Series 7 exam here http://stockbroker101.com/series-7-exam/ at Stockbroker101.

Top 10 Best Financial Movies

1. Wall Street “In this riveting, behind-the-scenes look at big business in the 1980′s, an ambitious young broker (Charlie Sheen) is lured into the illegal, lucrative world of corporate espionage when he is seduced by the power, status and financial wizardry of Wall Street legend Gordon Gekko (Michael Douglas). But he soon discovers that the pursuit of overnight riches comes at a price that’s too high to pay.”- Amazon (Wall Street)

2. Glengarry GlenRoss “Times are tough in a New York real-estate office; the salesmen are given a strong incentive to succeed in a sales contest. First prize is a Cadillac Eldorado, second prize is a set of steak knives, third prize is the sack! There is no room for losers in this dramatically masculine world; only “closers” will get the good sales leads. There is a lot of pressure to succeed, so a robbery is committed which has unforeseen consequences for all the characters.” – IMBD (Gengarry GlenRoss)

3. Trading Places “Mortimer and Randolph Duke are commodity brokers who enjoy a little wager now and then. For the latest bet, Randolph believes they can take a common criminal and make him a successful businessman in the company. The criminal, Billy Ray, is to be given the job and home of Louis, who in turn is set up for crimes he didn’t commit, to see if he resorts to crime once he’s lost his rich environment and friends.”- IMBD (Trading Places)

4. Boiler Room “Seth Davis (Giovanni Ribisi) is a 19-year-old college dropout who strives for approval from his father, a judge who is horrified that his son operates a 24-hour illicit casino. When an old friend visits the casino with a fellow broker, Davis is impressed by their wads of money and yellow Ferrari, and decides to join the firm… But the dream fades when Davis discovers the scam that is making all of the brokers wealthy…” - Amazon (Boiler Room)

5. Brewster’s Millions “Richard Pryor is Montgomery Brewster, a minor league baseball pitcher who discovers he has to blow $30 million on 30 days as a condition to inherit a much greater fortune. Here’s the catch: He will forfeit everything if he reveals to a soul the real reason he seems to be throwing away all that cash. With the help of his pal Spike (John Candy), they set off on a frantic spending spree.” – Amazon (Brewster’s Millions)

6. It Could Happen To You “Charlie and Muriel Lang have led simple lives – until they win $4 million on the lottery! There is a problem, however. Prior to winning, Charlie had eaten at a cafe and hadn’t been able to tip the waitress. He had promised her, jokingly, that if he won the lottery he’d give her half of it. This is why his wife, Muriel decides to leave him. She doesn’t want the waitress to get a cent of their money…”- IMBD (It Could Happen To You)

7. The Money Pit “Walter Fielding and Anna Crowley have to start looking for a new house- but there’s not much they can afford! This soon changes when they meet a lonely old con-artist who sells them a beautiful mansion at a ridiculously low price. Only there’s a catch. The second Walter and Anna move in to the house it falls apart, starting from the stairway, to the bath falling through the roof to eventually the chimney falling into the house!” – IMBD (The Money Pit)

8. Jerry Maguire “Jerry Maguire used to be a typical sports agent: willing to do just about anything he could to get the biggest possible contracts for his clients. Then, one day, he suddenly has second thoughts about what he’s really doing. When he voices these doubts, he ends up losing his job and all of his clients, save Rod Tidwell, an egomaniacal football player. Can Jerry resurrect his career while still staying true to himself?” – Amazon (Jerry Maguire)

9. Money For Nothing “After finding a bagful of unmarked $100 bills, unemployed dockworker Joey Coyle had a million reasons to give the money back, but he couldn’t think of one! And when he decides to keep it, oh what a price he pays! The lucky discovery launches a buying spree and a series of uproarious events leading to Joey’s outrageous attempt at sneaking out of the country past the media, the mob, and the cops.” – Amazon (Money For Nothing)

10. Office Space “Unable to endure another mind-numbing day at Initech Corporation, cubicle slave Peter Gibbons (Ron Livingston) gets fired up and decides to get fired. Armed with a leisurely new attitude and a sexy new girlfriend, he soon masters the art of neglecting his work, which quickly propels him into the ranks of upper management! Now the stage is set for Peter to carry out a high-tech embezzling scheme…” – Amazon (Office Space)

SOURCE: http://www.budgetsaresexy.com/2010/09/top-10-best-money-movies/

Speaking of money movies, check out this stockbroker movies http://stockbroker101.com/ten-stockbroker-movies-see/ at Stockbroker101.

What is a Stockbroker

Stockbrokers are usually associated with brokerage firm. A stockbroker’s general responsibility is to sell and buy financial products for clients. A broker’s main focus is to match up stocks both for his seller and buyer. Brokers make commission on everything they sell. To become a professional stockbroker, you must have a license. There are series of exams to be taken before an individual can gain this license. (source; http://stockbroker101.com/) Read more on how to become a stockbroker at Stockbroker101.

Website for Aspiring Stockbrokers Launched!

A new website that offers services like finding business and finance schools for prospective stockbrokers has just been launched.

July 2, 2014 -- Becoming a stockbroker is a challenging journey that requires patience, determination, and right training. This is what the new website is about--honing talented people in stock trade. The website is called Stockbroker101.

There are over 300,000 stockbrokers right now in the United States, and in 2 years this number could reach nearly 400,000. Each looking for clients to sell stocks, bonds, and securities to and each wanting to get as many transactions as possible. It’s a busy and competitive world, one that selects the best people to endure such a wildly dynamic industry.

“Stock brokerage opens a lot of avenues for companies, investors, existing stockholders, and brokers, all of whom benefit from stock trade,” Stockbroker101 manager explains.

When asked about the common misconception of people regarding stock trade and brokerage, he said:

“To some, stock brokerage is a daunting task of buying and selling shares or security but not really tapping into the market yourself. But come to think of it. If you know the ins and outs, you know where to put your investment when you’re ready. You know which stocks offer the least risk and the most growth, and you know which ones to avoid.”

Then again, the other concern is what to do now as an aspirant who wants to know how to become a stockbroker. The first thing to do is to get the right college education. Since there is no program designed solely for potential brokers, your recourse is to enroll in a business or finance program. Find accredited business and finance school, and take your initial steps.

Take note that there are 711 business schools all over the world with AACSB Accreditation. Deciding where to go can be confusing. Stockbroker101 will help you sort out the ideal options for you.