what is the best thing I can do now to further expand my knowledge of the investing world. _____________________________________________________________________________ Check out the book 'Devil take the Hindmost' . It is a fascinating read about the history of speculating/trading/investing through history - it covers all the big bubbles, manias, bull & bear markets, fraud/scandals, government interventions, and how the cycles replay over and over for centuries now. It gives you a whole new perspective and you will learn a lot about how the various trading instruments evolved - a must read for anyone really into the markets.
"Wealth management is 80% sales and 20%. Your goal is to generate revenue not multiply money." - never thought about it like that before. It really changes my perspective on wealth managers!
Yeah, it is all about increasing revenue for the company you work for... in most industries. I'm sure the goals are aligned with the clients half the time or even the majority of the time. But they are always looking for more revenue... that is what their pay is based on. Just my opinion but I believe it is true.
I suggest you concentrate on trading, and trade small. You have a lot to learn. Learn how to trade well, and don't worry about making money. Making money is almost automatic if you trade well. Trading well means being patient, and taking only good setups. Cheers!
I've really enjoyed other communities in the investing world. Here's my short list: http://www.wallstreetoasis.com/forums http://wealthmanagement.com/forum https://www.reddit.com/r/investing If you frequent ET and those forums weekly, you'll learn what you need to be learning. Which to me was always the hardest part