A Note On Stock Market

1550 Words7 Pages
Imagine having a family with beautiful children, you are the head of the household and control all of the financial decisions. You decide to find ways to improve your household’s income and decide invest your entire income into the stock market, now your beautiful family are victims of the stock market’s rollercoaster ride. You don’t know if you’ll wake up rich or lose everything, it’s quite the rush. The stock market is a very complex subject, there are experts and people who think they are experts. It revolves around one subject, and one subject only Money. No matter experience level, or knowledge on the stock market; no single person is able to give a for sure answer on whether a stock will go up, down, or completely fail. Stock…show more content…
Brokers celebrate when the sell stock because of commission, every time they get a person to invest in a company the company pays the broker a small divined of the money. Smaller less profitable companies offer higher commission rates to brokers who are able to persuade people to invest in their company because they are more desperate for money. Being that brokers get extra payoff of individual performances loopholes are often found. Money laundering and microcap stock fraud are the most committed crime within a brokerage firm. Stock fraud contributes substantially to society 's opinion of brokerage firms, people often ignore calls from brokerage firms because they think they are just getting swindled into buying non-profitable stock just so the broker can receive commission. The Wolf of Wall Street, 2013 film written by Martin Scors starring Leonardo Dicaprio as Jordan Belfort (Who is a real person who actually wrote the book that Wolf of Wall Street is based upon) a small town broker that eventually starts his own firm that made millions of dollars by defrauding wealthy investors by persuading them to buy cheap non-profitable stocks. This film exemplifies to society the crookedness that can go on within a brokerage firm. Parties, prostitutes, and drugs were the way brokers in Stratton Oakmont lived their life on a daily basis. The
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