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Is It A Good Idea To Become A Stock Broker In Los Angeles?

I want to be a stock broker and I live in CT. I want to move th LA for college, but is it a good idea to move out west if I want to become a stock broker/ work with stocks?

Asked By: Thug #23 - 9/18/2010
Best Answer - Chosen by Asker
Good morning Thug#23

I hope you had a nice week. I just finished my morning walk at Venice Beach. I would like to share my walk with you via web site.

http://www.venicebeach.com/

I really do not understand your question, because you can be a stock broker in any state. In fact, I had a lot of clients in New York, Detroit, Atlanta, Penn., and Arizona. Ninety-eight percent (98?of your work will be on the phone. I will try to read into your question what you may want to learn about being a stock broker.

I parked cars at private parties in high school. I was from a very poor family. One car had a copy of the Wall Street Journal lying on the seat. That is really what peaked my interest in stocks. Later one of my rich clients explained how to read the financial pages. From that day on I dreamed of becoming a stock broker.

I got a job as a Longshoremen (I.L.W.U.) after high school. I went to college at night. I saved my money and purchased my first stock. The stock was a startup company named “Jack in the Box Restaurants” out of San Diego. They had six (6) locations. I was only 32 units short of finishing the University of Southern California (USC) when I received a letter which read “Greeting from the President of the United States.”

After returning from Vietnam, I was accepted a trainee broker position for an excellent New York Brokerage firm. I studied hard and received my licenses. Thug#23, I was on top of the world. How many people achieve their life time dream? I was wined and dined by every corporation in the country. Corporate meetings with enough food to feed an army, lunches, parties, wine and booze, wheeling and dealing. This is the difference between being a stock broker in Connecticut than being to stock broker in Los Angeles. Welcome to the Wild West.

Your question: There is no difference in the money you make in Los Angeles. It is the LIFE STYLE you live. The people in Los Angeles are wilder and the women are freer and happier. The web site above does not lie. While people in Connecticut are shoveling snow, young rich Californians are partying. If this is the life style you want to live, by all means come to California. And let me be the first to say, “Welcome to Los Angeles, my home.”

My question: Thug#23, do you really know what it is like being a stock broker? For fifteen (15) years I ate, slept, dreamed, researched, and studied about stocks and commodities twenty-four (24) hours a day. I loved it when I was young. I would do it all over again, but it will take a bit out of you. Why do you have to live this type of life? Because the job is not about what you know or how much you know, the job is about WHO YOU know. Do you know a stock broker is nothing but a SALESMAN? You have to make a minimum of a hundred (100) calls a day. You have to meet with people, attend group meetings, and smile at people at all times. You can study stocks and do all the research in the world. If you do not do these last two things, I guarantee you will not be successful.

I had no idea what was involved in being a stock broker. I hope I have cleared up a few things for you. Almost forgot about your earnings as a stock broker? I retired at age 56. I spend time traveling, hiking, or fishing in the Mighty High Sierra Nevada Mountains.

http://www.naturalbornhikers.com/KearsargePass/KearsargePass.htm

Good luck with college and have fun being a stock broker. You and your family have a beautiful week. Peace, from Los Angeles.
Answered By: Ronald - 9/19/2010
Additional Answers ()
Investors in LA need to buy and sell stocks too.
Answered By: Walking_Paycheck - 9/18/2010
Nah west coast is a lousy area to be a stock broker....... markets open at 6:30 am on the coast
Answered By: West of Encino - 9/18/2010
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