2 answers
Kaden
Student
Elk River, Minnesota
3
Questions
Asked
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What sort of jobs would fit someone who is loves to work with money and penny stocks?
What sort of jobs would fit someone who is loves to work with money and penny stocks?
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2 answers
Debbie Morton
Business Consulting
68
Answers
Phoenix, Arizona
Updated
Debbie’s Answer
Hello Kaden! Fantastic inquiry!
There are numerous exciting career paths for those interested in Penny Stocks such as Sales, Stockbroking, and Trading. Let's explore some more opportunities for those who have a passion for working with money.
Consider the role of a Budget Analyst. They play a crucial role in both public and private sectors by helping organizations plan their finances. With a Bachelor's degree, you could earn around $82,260.
Or how about becoming a Data Scientist? They use their analytical prowess to draw meaningful insights from data. A Bachelor's degree could lead you to a salary of approximately $103,500.
Financial Managers are another excellent option. They craft financial reports, steer investment activities, and devise long-term financial plans for their organizations. With a Bachelor's degree, you could be looking at a salary of $139,790.
Insurance Underwriters are vital in the financial world. They assess insurance applications and determine whether to approve them. With a Bachelor's degree, this role could bring in around $76,230.
Personal Financial Advisors are another great choice. They offer advice to individuals to help manage their money and plan for their financial future. A Bachelor's degree could lead you to a salary of about $95,390.
Lastly, consider the role of Securities, Commodities, and Financial Services Sales Agents. They act as the link between buyers and sellers in the financial markets. With a Bachelor's degree, you could earn around $67,480.
So Kaden, as you can see, there are plenty of rewarding and exciting career paths for those who love working with money. The sky's the limit!
There are numerous exciting career paths for those interested in Penny Stocks such as Sales, Stockbroking, and Trading. Let's explore some more opportunities for those who have a passion for working with money.
Consider the role of a Budget Analyst. They play a crucial role in both public and private sectors by helping organizations plan their finances. With a Bachelor's degree, you could earn around $82,260.
Or how about becoming a Data Scientist? They use their analytical prowess to draw meaningful insights from data. A Bachelor's degree could lead you to a salary of approximately $103,500.
Financial Managers are another excellent option. They craft financial reports, steer investment activities, and devise long-term financial plans for their organizations. With a Bachelor's degree, you could be looking at a salary of $139,790.
Insurance Underwriters are vital in the financial world. They assess insurance applications and determine whether to approve them. With a Bachelor's degree, this role could bring in around $76,230.
Personal Financial Advisors are another great choice. They offer advice to individuals to help manage their money and plan for their financial future. A Bachelor's degree could lead you to a salary of about $95,390.
Lastly, consider the role of Securities, Commodities, and Financial Services Sales Agents. They act as the link between buyers and sellers in the financial markets. With a Bachelor's degree, you could earn around $67,480.
So Kaden, as you can see, there are plenty of rewarding and exciting career paths for those who love working with money. The sky's the limit!
Kevin P Hust, MBA
Risk Administration and Army Officer
201
Answers
Dallas, Texas
Updated
Kevin P’s Answer
Kaden, they fact you know about penny stocks leads me to believe you have done a little research into the matter. I am curious as to how you landed on wanting to work with penny stocks specifically. I assume you have heard of Jordan Belfort or watched the movie Wolf of Wall Street. If you have not, and are of age, you should check that out.
Either way, there are a couple ways to look at this. Are you a people person or not? Do you prefer to sell things or analyze things? You can go into advising or become an analyst. If you want to go into advising, you would work with people and convince them that your recommendation is best for them and you will be paid a commission for this. Most major banks employ advisors, called Financial Advisors but most major banks stay away from penny stocks because they are very risky. So you would need to look into smaller, independent financial institutions. If you like doing the behind the scene research than you might like being an analyst. Most companies employ Financial Analysts, not just banks. The reason for that is because the excess cash a company has might be used for investments. Now if you want to explicitly work with penny stocks, I again recommend looking into boutique financial firms because those might specialize in penny stocks.
Either way you go, you have to remember that penny stocks are very risky, there is a lot of volatility in them. So firms that work with these types of stocks may be able to reward you very handsomely but on occasion they might go through period of force reductions. So this is not an easy field to enter but one that make you very wealthy.
Go into with a hat of caution. Best of luck.
Either way, there are a couple ways to look at this. Are you a people person or not? Do you prefer to sell things or analyze things? You can go into advising or become an analyst. If you want to go into advising, you would work with people and convince them that your recommendation is best for them and you will be paid a commission for this. Most major banks employ advisors, called Financial Advisors but most major banks stay away from penny stocks because they are very risky. So you would need to look into smaller, independent financial institutions. If you like doing the behind the scene research than you might like being an analyst. Most companies employ Financial Analysts, not just banks. The reason for that is because the excess cash a company has might be used for investments. Now if you want to explicitly work with penny stocks, I again recommend looking into boutique financial firms because those might specialize in penny stocks.
Either way you go, you have to remember that penny stocks are very risky, there is a lot of volatility in them. So firms that work with these types of stocks may be able to reward you very handsomely but on occasion they might go through period of force reductions. So this is not an easy field to enter but one that make you very wealthy.
Go into with a hat of caution. Best of luck.