If you watched the movie The Wolf of Wall Street with Leonardo DiCaprio  distributed by Paramount Studios in 2013, you will come away with a number of conclusions. One there is lots of money to be made on Wall Street and as long as you have few ethics, the more money can come into your pocket. In the movie, the greatest commissions were in the penny stocks or stocks trading for less than the price of hamburger. They are part of the system and it is entire possible for one or more to break out and make you money. The only thing you have to do is be able to sell. In the movie, the firm sold the penny stocks but clients rarely sold their positions for to sell the brokerage company has to buy back the shares. The brokerage company  really does not want to do that for the idea is to pick the trendy stocks; sell the position to clients with a heavy commission; and since the brokerage company makes the market as the price goes up and when there is sufficient demand, the brokerage company sells their shares. This results in the market for those particular share diminishing until it becomes trendy again.

The second aspect of the movie, is a great script will help the sell. Buying stocks has a trust implied with the company. You have ideas so you use the brokerage company to buy your ideas. For the company, they will suggest or offer opportunity to buy more from the company’s favoured stocks. The suggestions should be based on your client needs, but all clients want to get richer, some sooner than later. In reality, the ones who want to get richer later than sooner will do better, because they will buy better quality shares and wait. If you are waiting, it is great to have a dividend payment.

Linking to dividend paying stocks, most of us will need live the lifestyle of the Wolf of Wall Street, given the main characters were addicted to drugs, one might ask who wants that lifestyle? There are plenty of other methods to gain income which do not involve being drug addicted and have a longer lifespan with them. When you pick a portfolio of dividend paying stocks, you should have a longer term outlook and rely on history for Wall Street loves profitable stocks and clients love the dividends.

There are more questions than answers, till the next time – to raising questions