About the Author
Shem C. Tayanes Jr.
A computer enthusiast and business entrepreneur.
My other blogs:
filmfamous
techspade
Investing is the process of placing money into a security, such as stock, bond, or mutual fund, and letting it grow over time. A stock represents a chunk of ownership of a corporation. when a corporation or company becomes succesful and makes a profit, known as earnings, the corporation may decide to share some of that money with its stockholders as a "thank you" gesture for purchasing their stock.
Stocks are the single best long-term investment an individual make but getting into the market and buying stocks is not a simple as dropping into the market to pick up a quart of milk. A group of intermediaries called brokers, handle the actual transaction of buying and selling the stock, and their services are not free. It's vital that you feel comfortable with any broker or consultant you pick and that he or she understands your goals and values particularly if you are dealing with a new portfolio. Robert Levitt, an investment advisor, based in Boca Raton. FL suggests asking a broker the following questions :
1. What are you credentials and education ?
2. What is your investment strategy ?
3. What are your references ?
4. Are you paid from worth or sales ?
5. What is the minimum account size you work with ?
6. What is the average account size you work with ?
7. Do you primarily work with individuals or institutions ?
8. What is your investment philosophy ?
Published by Shem C. Tayanes Jr. on May 29, 2008 01:18 AM
