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To: Mouton

Yep. I didn’t even bother with the market until the discount broker thing became a thing. That is what made it possible for me to bother at all.


6 posted on 06/11/2021 7:24:23 AM PDT by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
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To: cuban leaf

My first stock purchase was around 1966 when I purchased 100 shares of El Paso Natural Gas for the dividend which was something like 5%. Eventually sold it because I needed the cash for my last semester tuition payment! My first options purchase was in 68, WR Grace co. Made money of the former, lost on the latter.

Applied for a job at a brokerage. Two things were made clear at the interview: One, I was expected to move stocks and generate commissions. Two, I should have a number of “customers” on hand like well healed relatives and friends. Think of Bud Fox looking to Gordon Gecco for his business. Glad I chose a different career path.


10 posted on 06/11/2021 7:49:20 AM PDT by Mouton (The enemy of the people is the media.)
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