The financial world is similar to a secret society, an exclusive fraternity; not everyone is allowed to enter this arena. But advice of a financial nature, tips, gossip and rumors are eagerly sought out by all investors.
George Soros, philanthropist and financial wizard, has lectured and written extensively on matters economic, political, and financial. In a recent interview by CT.gov, he offered several tips for all new investors. The first tip seems rather staid and uninteresting, but why argue with a man who made more than $1 billion on a single investment. He said that a new investor needs to find a broker, who thinks along the same lines as the investor, himself. If the investor is cautious and conservative, the broker should be of a similar ilk. Secondly, Soros stated that investments are to be made for the long term. Don’t expect to get rich and move from an apartment to a mansion in a short time. To make investing work you must not be anxious; let your investments work over time. He also offered that the novice investor must keep abreast of, not only, his own investments but of the direction of the overall markets, as well. Read the full article published by PR Newswire:
On the subject of the first of Soros’ tips, regarding the finding of a broker or brokerage that fully represents the client. A new investor might consider Laidlaw & Company, Ltd., located in the United Kingdom with offices in New York. They provide the necessary investment banking and wealth management services that all new investors need to profit in this complex financial arena. Laidlaw offers the complete and complex range of institutional financing services, including the issuance of initial public offerings (IPOs) for those new, growing, private companies wanting to go public in the United States and the United Kingdom.