So you want to Know How to Become a Stockbroker

So you want to know how to Become a Stock Broker

STEP 1: Begin to organize for your Brokerage career in high school by taking courses in math, economics and business. And even with a small sized float, you can manage your own stock portfolio (in a parent’s name if you are under 18) allowing you to learn about diverse investments and their returns. Do learn how-to-invest time.

STEP 2: Join or start a Stocks and Bonds Investment Club, which compares dissimilar investment opportunities, analyzes results and jointly invests its funds, $20 bucks each is all you need. Re-invest your gains or distribute your profits.

STEP 3: Go to College or University. Most brokers are College graduates with a degree in finance, economics or business. Real business experience or a strong desire is all-it-takes to capture the attention of the Investment Firm you target.

STEP 4: Pass the Canadian Securities Course, administered by the Canadian Securities Institute (CSI). All provinces require the Financial Planning Course be complete and that you pass the Examination within three years. The Canadian Securities Institute also requires ongoing continuing education… forever.

STEP 5: Be advised to take advantage of on-the-job training, obtainable through most brokerage firms via their sales assistants programs, preparing you for the above exams’, a process that takes four to six months (some never pass). It is self directed!

STEP 6: A person passing the mandatory exams, becomes a Stock Broker, a registered representative agent of his or her sponsoring firm. Now garner support from your contacts and join the Chamber of Commerce… and network… network… network.

STEP 7: Anticipate a very competitive work environment after being employed. Firms often hire a plethora of graduating college and university students as juniors; with the expectation or knowledge that a large percentage of you will ‘wash-out‘ during the gruelling early months of training, while building your clientele or book.

STEP 8 or ∞: Emphasize your studies and work experience in finance, economics and/or business when writing your résumé. A professional, aggressive image is crucial at the sponsoring dealers interview, where prospective employers will be testing your drive, evaluating your resolve and your business adviser savvy.

Due-diligence, is the Key to being a best-of-class broker, to the benifit of your client.

Tips & Cautionary Warnings - The Bull and the Bear of it!

* Success in the brokerage business is qualified and quantified by sales volumes. It can be a realistic and rewarding career move for someone changing over from a sales position in real estate, insurance or the banking business and the Canadian Bond Market for example.

* Sample firsthand the products you’d be brokering by visiting any brokerage firm, agent, promoter, advocate, bank or mutual fund Web site. Also, visit job fairs where securities firms are recruiting and talk to a real live stock broker. Get live data in due-diligence, business and life.

* Negotiate a sales assistant position, become a Junior, with the right to have a number of your own clients… why not get paid while you take the course, become an advisor, and build your book.

* A Stock Broker, as in any sales position, needs to be thick skinned to succeed, and especially surviving those lean early years of long hours… disappointment… plain spaghetti dinners… and an acquired and unexpected taste for wiener water…

♀ $$$ ♂
Questions; Contact by E-mail, The Canadian Stockbroker© | TCS newswire™

Titan Entertainment Group

Titan Entertainment Group: "Calgary's Market Place;

* Area population is over one million
* Elevation is 1,139 metres (3,740 feet)
* Crime rate is among the lowest of any major city in North America.
* Land area is 721+ square kilometers (278.54 square miles)
* A North American Road, Rail, and Air hub.
* A national leader in employment growth.
* The youngest 'average age' population in Canada at 34.
* The most affordable North American city to operate a high-tech business.
*
Canada's 'Head office' capital, located in the only 'debt free Province'.
*
Rated cleanest in an international environmental study of 215 global cities.
*
More than 60% of Calgarians have a post secondary degree.
*
67.4% of Calgarians have Internet access, the highest in Canada
*
8,000 hectares of park land and more sunshine than any other Canadian city.
*
Top 25 city in the world for preference in living.

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The Titan Entertainment Group Inc. offers a world-class stage and ultra entertainment facility focused on the experience of the show and the comfort of the guests and entertainers.

Calgary Alberta Canada; Calgary Chamber of Commerce

Calgary Alberta Chamber of commerce

The Corporate Group of Allied Associates

Presents:

“Mackenzie Gas Project Update”

– The Aboriginal Perspective

Contribution Limits for Spousal RRSPs

Spousal RRSPs

Contribution Limits for Spousal RRSPs

A married RRSP plan holder may contribute to an RRSP registered in the name of his or her spouse and claim a tax deduction to the extent that the contribution does not exceed the maximum available for his or her own plan.

For example, where a husband has a maximum contribution limit of $15,500 for his own RRSP but only contributes $9,000, he may contribute $6,500 to a spousal RRSP. His own total tax deduction would be $15,500. In addition, his wife could also contribute to her own plan up to her allowable limit and claim a corresponding tax deduction. The potential for income splitting and tax savings afforded by spousal RRSPs can be considerable but the following factors determine the degree of benefit: