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pls dont let your brokers pay for your mistake

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edwinjup
    14-Oct-2013 09:45  
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Usually affected when client.declare bankrupt..I think..
 
 
wendel
    14-Oct-2013 09:36  
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I for once wanted to b a broker. $30k are deposited with MAS b4 u starting as a broker. I'll b responsible for clients running away and I am to take a risk assessment on client's profile to prevent such clients running away. The assurance given by brokerage hse is that there r lesser percentage of clients who will run away unless they decide to run away from SG. I was thinking if I'm suay enough to kena such small percentage and there goes my livelihood. My family life, my kids and relation would end up in a mess as would the guy who runs away.
 
 
solidbuy
    14-Oct-2013 09:23  
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I always paid up whenever I buy....my broker is always safe....
 

 
edwinjup
    14-Oct-2013 08:47  
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I understand that some investors chalk up huge loss...but pls dont run away..owe up..orelse your poor broker will need to bare it.they just doing a service to us and earn a living..dont let them pay for our mistake..I got one broker...client run away after experience some losses some time back...runaway...my broker need to sign bond with his co.and deduct from his income..cannot switch job also..poor.guys stuck for two years because of one.client...hope dont offend anyone...just put yourself in their situation.thanks and keep investing
 
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