A Stock Broker Is Essentially Your Agent In Charge Of Your Money

Category: Finance.

The New York Stock Exchange may have stocks listed that are listed on other major Stock Markets. Many foreign organized companies are listed on the New York Stock Exchange.

A company headquartered in Amsterdam may be listed on multiple stock exchanges. There is a tremendous value for foreign companies to be listed on an exchange in the U. The exposure and knowledge of a foreign company has a face on the New York Stock Market. Most people are aware of American companies utilizing off shore manufacturing of their products. Other American brand companies have a significant multi- national presence with significant stock ownership by foreign banks and investors. It may be not as well known that some traditional American brand companies are owned by foreign companies.

In the United States the New York Stock Market is comprised of the NASDAQ, NYSE and the newly created combination of the NYSE Group with Euronext in April, 200The Euronext holding company is a phenomenal synergy between Paris and the NYSE whose history goes back to 179 The stock broker. A stock broker is essentially your agent in charge of your money. The key to any relationship particularly when it comes to money is choosing someone you can trust. The main role of a stock broker is to provide the investor with timely good advice on picking the right investment for you and your money. You are interviewing a candidate who will not only advise you on stocks and other investments, but someone who will take your personal welfare above all other considerations. The stock broker is like any professional you would hire to perform a service.

Have a discussion with several candidates on the phone. The stock broker selection points. - From the first contact with the stock broker does he or she act attentive and return calls. - Does the candidate stock broker ask you about your comfort level in investing. The next step is to come up with a short list and have a personal meeting with the candidate stock broker. Finally, never make a decision on the spot. Pay particular attention to your gut reaction after you have left the meeting. After your meeting face- to- face go home or back to your office and consider your choices.

Is this someone you trust to carry out your wishes and provide you with sound investment choices.

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