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What Are Good Ways To Prepare To Become A Stockbrocker

I Want To Know So I Start Know #stock-broker

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Jtieng’s Answer

Keep up with the news on the economy and businesses. Traditional sources are the Wall Street Journal, MarketWatch, Barron's, Investors Business Daily, Yahoo Finance, SeekingAlpha, etc.

Some are free, others are not. But all should have enough free content to get started. Eventually you'll want to take classes in finance they teach things like asset allocation and portfolio management (ie how to divide up your money into different investments).

But at a young age, getting familiar with the "market" and showing genuine interest is important.

There's also a ton of books that are useful. A Random Walk Down Wall Street by Burton Malkiel or any of the Warren Buffett biographies are interesting.

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Blake’s Answer

Hey Terrell,

Here is what I was able to find to become a stock broker:

1. Obtain a high school diploma
2. Get a bachelor's degree
3. Complete an internship
4. Find a sponsor to take the necessary licensing exams
5. Take and pass the licensing exams

As to answer how to get ahead, I would recommend reaching out to a stock broker and attempting to shadow them. This will give you hands on experience.

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Jonas L.’s Answer

Find a mentor and learn some strategies. I have a day trader that speaks to my students twice a month. Also, RichDad PoorDad have a game on their website that simulates investment management.