[quote=FreeLunch]

Of course, some people can't stomach the gyrations of individual stocks

It drives them crazy - who knows why, but it does.

Put those people in mutual funds, or Managed accounts.

to be to scared to even offer them to people is ridiculous.

i had a lady recently who gave me $100,000.  I asked her if she thinked she would like mutual funds, or owning individual companies.

I proceeded to put her into 10 different, large cap blue chip companies.  ALL SOLID, all places where she either spent money, or knew people that spent money.

She buys gas @ Chevron- Money.

She buys Virginia Slims - Altria - Money

Shes a bud light drinker - BUD - Money.

she sold herself on the stocks, meanwhile, shes a partial owner in all the places she's very familiar with.  She can buy all her cigarettes with the dividends from MO if she wants to.

"Stocks are too risky!"Yeah - if you're with fly-by-night P/E ratios of 100, no profit, high debt companies with crappy management. 

It's too risky not to own any

[/quote]

So.............basically you're an order taker.

[quote=deekay]

So.............basically you're an order taker.

[/quote]

NO.  I'm not really sure how you came up with that.

In that situation I sold someone a very solid portfolio, and she does not see that I sold it to her.

Most of my equity traders do everything I tell them.  For this lady, she wanted individual stocks, so I built her a portfolio that will work for her without her realizing I walked her right into it.

She understands it.  Shes comfortable with it.  She's happy.  She's going to make money.

It is just the beginning.

Mao started an economic revolution in China by saying " no matter white cat or black cat, if it catches mice … ".

Eat it?