pkphilip

Going into the stock market is like going into a candy store, once you are in, you can hardly pull yourself out.

I suggest you talk to someone qualify to discuss this. My other half convinced me to go back to the stock market as I have some money to invest in addition to my 3 months expenses worth of saving (emergency fund)

Philip

pkphilip

Doesn't hurt to have a few qualify people and see what they are selling you.

Philip

pkphilip

Everyone's strategy is different and heavily biased. Therefore I suggest to go see different advisors so that you can decide who works for you. There are many fantasy stock market games that you can sign up and try before you fork out your real money.

I trade with Questrade for those who like to know because I make less than 4 trades a week and the fee is only $10 a pop.

Honestly, I spend less than 1 hour a week trading because I have a "personal broker/agent" who will keep me updated to the second with what's going on. She is quite affordable.. hahaha... (she is most likely going to kill me if I say too much here). I spent about 1 hour on top to review all the reports that she gives me, so we can revise our strategy. Investing requires a lot of research.

Philip

pkphilip

They make a lot (100k+ a year) from trailers, commissions, perks from fund companies..

Philip

pkphilip

IA - Investment Advisors, I know a few good ones, I made some money off from the tips they gave off.

Philip