👉 Stockbrokerage is a profession that involves providing investment advice and brokerage services to investors. The term "stockbroker" refers to a person who represents an investor in the purchase or sale of stocks, bonds, or other securities. Stockbrokers are responsible for analyzing market conditions, making informed decisions about investments, and managing client accounts on their behalf. They typically work as independent contractors, rather than being employed by a brokerage firm, and may receive compensation from their clients for their services.
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What is the definition of Stockbrokerage? 🙋
👉 The stock broker, the man who bet on every possible outcome, makes his money by taking a big stake in something that's only worth 10% of its market value.
Example: The stockbroker said to me, "I've made a lot of money from selling people their futures contracts. I don't even know if they're real."
