Showing posts with label requirements. Show all posts
Showing posts with label requirements. Show all posts

Saturday, August 29, 2015

How to Get a Stock Trader License


Get a job at an investment company or brokerage firm. Whether you have your college degree or not, you must be employed by an investment or brokerage firm because they will be your corporate sponsor for the Series 7 exam. You cannot sit for this exam without a sponsor.
Study for your Series 7 exam. The Series 7 exam covers general securities regulations. Once you find a job at an investment or brokerage firm, you not only have to complete your employer's on-the-job training requirements, you are expected to study for the Series 7 exam at the same time. See Additional Resources to obtain a Series 63 study guide.
Sit for your Series 7. After your employer registers you for the Series 7, you have to call and schedule a time to sit for the exam at your local testing office. You must receive a score of 70 percent or better on the exam to pass.
Study for your Series 63 exam. The Series 63 exam covers securities regulations specific to your state. Not all investment brokerages or firms require a Series 63, but most do. See Additional Resources to obtain a Series 63 study guide.
Sit for your Series 63. After your employer registers you for the Series 63, you will need to call and schedule a time to sit for the exam at your local testing office. You must receive a score of 72 percent or higher on the exam to pass.

Thursday, August 27, 2015

How to Transfer Stock Into an IRA


Open an IRA account. Before you can transfer stock into an IRA, you must establish one at a financial services firm. Most banks or brokerage houses should be able to set one up for you if your provide them with basic financial information, such as name, address, date of birth, Social Security number, and beneficiaries. Inform the firm that you wish to transfer stock into the account and ask if there are any special restrictions or requirements.
Bring your stock certificates into your financial services firm. The most secure way to transfer stock into your IRA is to simply bring the physical certificates into the firm. If you are taking your certificates from another IRA account to make your transfer, you have 60 days to make the rollover deposit to avoid taxation on the full value of your stock. Sign the back of the certificates to endorse them over to the firm for your benefit. Inform your firm that this is a transfer, and not a deposit or contribution. Ask for a receipt of your deposit.
Contact the custodian of your stock certificates and request a transfer. If you would rather transfer your stock directly, contact the firm which holds your stock on your behalf and say you want to make a trustee-to-trustee transfer. The delivering firm will request the name of the firm where your IRA is held, your account number, and other firm-specific information.
Monitor your transfer. Whether you deposit your stock in person or electronically, follow the transfer to make sure that your stock arrives in the correct account and in the correct amount. Usually, you can check your account status online, or if you haven't established such a connection with your firm, contact your financial adviser and verify the status of the transfer. You can also check your monthly statements, although you should generally check on your transfer sooner.

Wednesday, August 19, 2015

How to Begin Stock Market Trading (3 Steps)


Select an online brokerage company. There are many online stock brokers to choose from (three of the biggest are included in the links below). Be sure to compare the fees and minimum account requirements of each in making your selection.
Set up and fund your account. Most online brokerage houses will have your new account up and running in a matter of minutes. You will need to transfer funds from a checking or savings account to start investing; many brokerages can do this via ACH or EFT transfers.
Start researching the market. There are a host of resources to learn about stock trading. Start by reading the resources that your online broker gives you on their website, then branch out and do some research on your own.

Saturday, August 15, 2015

How to Use Stock Photos for eBay (6 Steps)


Choose images from a stock agency or free online image archive that match the product listed on eBay. Be sure this is an accurate representation of the product you are selling.
Select the images you wish to use, and download them according to the site's directions. Most stock agencies, such as iStockphoto, Getty or Shutterstock, require you to acknowledge their usage requirements and make a payment before downloading. Choose an image size of 600 pixels or smaller to save money, as a larger size is not necessary for this purpose. If you are using a free photo service, such as Flickr, be sure the image is registered as a Creative Commons image and thus free for you to use in selling your product.
Look for additional images that show people using your product to help the potential buyer visualize herself engaging with your product. These images are found under lifestyle sections in stock agency archives and can be located using the keywords associated with your product under the lifestyle category of the search function in the archive.
Download the images, and place them in folders along with your images of the actual product, the product information and specifications, if they exist. Store the images in a safe location on your computer and a remote location as well, such as an external hard drive or an online server. This will keep your images and product information organized and safe in case any major computer malfunctions occur.
Log into your eBay account, and follow the directions and dialogue boxes necessary for placing your product for sale. This step will vary, depending on the type of product and account you hold, so follow the directions as you proceed through the process.
Upload the images to eBay once you reach the image step in the process. Double-check your images before taking the product live, and be sure the proper images were uploaded at the necessary sizes.