The Future of Our Business
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[quote=joedabrkr][quote=radernation-1]Well you are wrong on both counts. I focus on individual stocks and I have been in the industry for over 5 years . As far as showing you something worth reading thats not my job to do. Your a "genius " figure it out yourself. The big money on anything is made when there is blood on the streets. no idiot would buy something at the top and watch it drop in 60-80% in value. Again another example of the "hold and hope" investment strategies that they/their broker believe in. NOW DO NOT MAKE RAIDER FAN ANGRY or YOU WILL BE BANISHED TO THE BLACK HOLE !!!!! And You will wake up in the middle of the night in a cold sweat and hear the words "I AM YOUR FATHER STAN SKYWALKER!!!!!!!Signed Darth Rader!!![/quote]
Hey Stan....pay attention now.....he's been in the business for FIVE WHOLE YEARS!!!
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AH stop worrying Spizter and minions won't be Happy till the banks are running the whole show.
[quote=radernation-1]
Its not about experience its about talent and knowledge. Was an Nba player that was in the league for 12 years better than Mj because he had been in the league for only 5 ? I know many "experienced " brokers who have been at it for awhile that lost money for their clients in 2000-02. Thats why they have ACATS! Number of years does not mean sh** .Its what you know and how you use it.[quote=joedabrkr][quote=radernation-1]Well you are wrong on both counts. I focus on individual stocks and I have been in the industry for over 5 years . As far as showing you something worth reading thats not my job to do. Your a "genius " figure it out yourself. The big money on anything is made when there is blood on the streets. no idiot would buy something at the top and watch it drop in 60-80% in value. Again another example of the "hold and hope" investment strategies that they/their broker believe in. NOW DO NOT MAKE RAIDER FAN ANGRY or YOU WILL BE BANISHED TO THE BLACK HOLE !!!!! And You will wake up in the middle of the night in a cold sweat and hear the words "I AM YOUR FATHER STAN SKYWALKER!!!!!!!Signed Darth Rader!!![/quote]
Hey Stan....pay attention now.....he's been in the business for FIVE WHOLE YEARS!!!
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Unlike the NBA, my little man, this business is an exercise in MENTAL agility and ability, not PHYSICAL ability.
At five years in, I thought I had it all figured out, much like yourself. Only later did I realize I'd only just begun to learn........as you shall too!
Yeah, but I'll bet she's bummed she didn't lock in that domain name herself.
Or did she.....
Back on topic, Value Added was the mantra of one of my predecessor firms 20 years ago. It's still true today.
In the 70's it was the death of fixed commissions that would do us in. In the 80's it was the discounters and in the 90's it was the index funds. There's always another trend that will cause conventional wisdom to sentence us to the fate of the dinosaurs and make us become oil (just think, perhaps the grandchildren of the grandchildren of my grandchildren will buy what's left of me and use me to power their cars!)
As in any business, if you add value to the equation, AND your clients understand and appreciate the value you add, you will prosper. If you don't, you will fail.
And that, my friends, is the future of our business.
[quote=Indyone]Hey cool! Joe…she IS reading! HAHA!!![/quote]
No way…somebody is messin’ with us!
The future of our business is great thanks to all the baby boomers who will retire in the next ten years, and who now realize they can’t manage their portfolios by themselves.
[quote=joedabrkr] [quote=Indyone]Hey cool! Joe...she IS reading! HAHA!!![/quote]
No way.....somebody is messin' with us!
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That's why I was laughin' and winkin'...I assume the same...have serious doubts that the real BQ would have sufficient time to waste on us, but we can dream, can't we man?
[quote=Indyone]
[quote=joedabrkr] [quote=Indyone]Hey cool! Joe…she IS reading! HAHA!!![/quote]
No way…somebody is messin’ with us!
[/quote]
That's why I was laughin' and winkin'...I assume the same...have serious doubts that the real BQ would have sufficient time to waste on us, but we can dream, can't we man?
[/quote]Exactly the same thoughts on my mind....
If all of my competition is managed products salespeople, I must really
stand out in the crowd. I consider my clients to be a pretty smart bunch
with very different backgrounds. About 70% are commissioned-based
accounts, the rest are fee-based and all are equity investors. I have
virtually no managed money or funds or worse, annuities. Come on, only
an idiot would accept a money back guarantee that takes 10 years to
collect.
For the first time in a long time, 3 and 5 year performance figures are
negative. If my “investment advisor” has been losing my money for 5
years I’d FIRE them too. Golfballs can only go so far.
One of my mentors, a lady who could actually read the “tape” once told
me that her sole mission was to make her clients money. “Let their
accountants and attorneys prepare their financial plans and other
strategies.” Ask yourself, how much money do you charge or collect for
you financial plan? and what good is a financial plan if you keep losing
money or not make any money at all?
[quote=skeedaddy]If all of my competition is managed products salespeople, I must really
stand out in the crowd. I consider my clients to be a pretty smart bunch
with very different backgrounds. About 70% are commissioned-based
accounts, the rest are fee-based and all are equity investors. I have
virtually no managed money or funds or worse, annuities. Come on, only
an idiot would accept a money back guarantee that takes 10 years to
collect.
For the first time in a long time, 3 and 5 year performance figures are
negative. If my “investment advisor” has been losing my money for 5
years I’d FIRE them too. Golfballs can only go so far.
One of my mentors, a lady who could actually read the “tape” once told
me that her sole mission was to make her clients money. “Let their
accountants and attorneys prepare their financial plans and other
strategies.” Ask yourself, how much money do you charge or collect for
you financial plan? and what good is a financial plan if you keep losing
money or not make any money at all?
[/quote]
We run a ton of managed money, but the profits above the markets is
made from individual strategies, hedge, and private equity. Get
good at that stuff and rich peple will listen.
As for not doing financial planing? Your are an interchangable
waterboy who will be fired on a poor year if you are not addressing it,
you are not the quaterback.
Are you trying to survive a dead-end job? Is time passing you by with no end in sight? Today is your day to turn it all around… Secure your Financial Future Now.
flyboiz008
Secure your Financial Future Now
Anyone know of any home businesses that I can run which are different from the rest? Please PM AsAp!!!!