A good stock broker will tell you he: "does OK"... One that tells you he make 1/4 million last year makes about 60.
Career with the most millionaires: Auctioneer.
2007-06-12 15:59:55
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answer #1
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answered by Qui Gon Jay 3
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Stock Broker Salary
2016-10-06 10:29:16
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answer #2
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answered by buch 4
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Investment Broker Salary
2016-12-12 08:55:10
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answer #3
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answered by Anonymous
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Stock brokers are salespeople. They earn a commission on what investors buy/sell. Investment bankers work with companies to sell securities, and earn a fee for doing so. Both can make huge money, but both require a lot of work.
Like all straight commission sales people, stock brokers only earn what they can sell. The income can be $0 or millions of $.
Investment bankers are notorious for their short careers. They earn big bucks, but burn out quickly. They put in ridiculous hours (120+ per week).
Floor traders in the exchanges make huge money too. These are the guys on the floor of the stock market flashing "gang signs" to each other. They make money on each transaction. Usually something like a fraction of a penny per share traded. This doesn't sound like much until you consider how many shares are traded each day. (Think $0.005 per share times 5 billion shares traded today = $25 million today!). Of course, getting a "seat" on the floor is no easy thing. They are bought and sold like anything else, and the price is usually measured in the millions.
In any case, the ultra rich have one thing in common: they keep their money invested in something that earns them more money. The saying that the rich get richer is absolutely true. Think of having $1 million invested at 10% a year. That's $100K each year, and if you spend it all, you still have $1 million left!
Read "Rich Dad, Poor Dad" it will get you started on the right path!
Good luck!
2007-06-12 18:36:43
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answer #4
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answered by Kurt B 3
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RE:
What is the annual income for a stock broker and an investment banker?
Also, what is the highest paying career in America and what is the annual income for said career?
2015-07-31 00:37:49
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answer #5
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answered by Jule 1
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Hey,
Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share. They are notoriously risky but if you follow a special method I've learned you can earn good money at almost no risk. This is the site I use: http://pennystocks.toptips.org
I definitely recommend subscribing to this site in particular. Very good research, quality stocks. I was a bit weary of penny stocks from all the bad hype they receive but this guy is pretty legit. He's put my mind at ease with a lot of the fears I've had. I especially like that he doesn't send out announcements left and right. I've signed up for other websites that fill my in-box with one company after the other. I don't know where to even start with so many choices in front of me! Nathan sends me one idea a week and that's all I need. Working so many hours during the week leaves me with very little time when I get home to start doing tons of penny stock research. I'm always eager to see what Nathan's next suggestion is each Friday and I love having time on the weekend to do my research.
As said above if you want to make money with penny stocks you have to follow some proven methods. This one in my opinion is the best: http://pennystocks.toptips.org
Cheers.
2014-09-22 11:44:50
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answer #6
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answered by Anonymous
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If you're thinking in terms of a steady annual income, you will never be in the to tier. Work you self up to partner at Goldman Sachs. The salary there isn't much but you're really working for a share of the profits, which can be huge. I know GS isn't a partnership any more, but it's still run like a partnership and the bonuses are like partner draws.
There are several self made rich people in the Forbes 400 who got there by being investment managers. They don't get commissions like brokers; they get a share of the assets under management and sometime a percentage of the profits.
2007-06-12 17:03:16
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answer #7
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answered by Ted 7
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This penny stock service has years of proven experience. Ultimately it is the best service for beginners to use https://tr.im/9nCmB
You will have to wait between 3 and 10 days to get into the system in most cases. When I signed up it took 8 days. I wished it was faster, but if you can wait a week or two to start earn life changing money than you will have what it takes to make it in this business.
2016-02-15 15:59:35
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answer #8
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answered by Karisa 3
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Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/e3f14
2015-01-25 03:13:43
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answer #9
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answered by Anonymous
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Stockbrokers gernerally start at £24k soon after graduating university, usually any degree will do as long as high marks were achieved. As time goes by, with experience people begin to earn a lot more in little time.. I dnt know in other countries but in US the highest can get in £50-60m/year.
Its not uncommon to find a broker earning £25k and one earning £1million all in the same company.
I guess its who and what you know, and a degree of luck..
2007-06-12 16:01:36
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answer #10
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answered by Richard 1
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