what do you say when people ask you for tips/advice?

Discussion in 'Politics' started by Gordon Gekko, Sep 2, 2002.

  1. i just tell them what state my long term systems are in. That's simply what I'm doing at the moment (long term) ... nothing more nothing less.
     
    #31     Sep 2, 2002
  2. cpo

    cpo Guest

    It would appear that, in this business, it is not ethical to give advice for free. :p
     
    #32     Sep 2, 2002
  3. Thats right inandlong......nobody needs that! I was a broker from 1996-2000......things never change......but one thing I did like about the last bull run was the explosion of online brokers and those great commercials....
    I had a handfull of clients who would say things like, "I have a friend who uses X-Trade online and he's making millions" And I would say, "Well, If you feel confident enough you should open an account. Call my assistant with the accnt # and she'll wire money into it." Only 2 ever actually did. One was never honest about his losses, and the other finally admitted to me that he blew the $20k in 2 months.
    Both of them were immediately placed into what I affectionely called the "full boat" bracket.
    (In Seinfeld soup nazi voice), "No discount for you!":D
     
    #33     Sep 3, 2002
  4. danielc1

    danielc1

    I always ask upfront where I can send the bill. A 50% profit tip cost 1000$, A 100% profit tip cost 10000$. Without taxes.
    If they still ask for a tip, I give them one and send them the bill. My girlfriend always answer the telephone so they can't scream at me...:D :D :D
     
    #34     Sep 3, 2002