You have huge oversight from your broker/dealer which won't let you pick your nose without filling out a form.Has it ever struck anybody besides me that it only takes a 70% score on a licensing exam to start legally dispensing financial advice?
The old joke goes:
Q) What do you call a medical student who finishes at the bottom of his class?
A) Doctor
You’re right, of course. But I first had that thought 30 years ago right after I passed my series 6 exam. Still makes me chuckle!
"Well look Mr Smith, I realize that 70% of your investments are now worth $0, but I've made you 5% on the remaining funds.....so it's not a total loss"???Has it ever struck anybody besides me that it only takes a 70% score on a licensing exam to start legally dispensing financial advice?
The old joke goes:
Q) What do you call a medical student who finishes at the bottom of his class?
A) Doctor
I got my 7 and 63 over 20 years ago and I'll agree that A LOT has changed.You’re right, of course. But I first had that thought 30 years ago right after I passed my series 6 exam. Still makes me chuckle!
