What qualification should i get - or should I get one ?

gonnamakeit

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Hi.

I am in the medical field and have a passion for finance and regularly train young adults in the mind-set and philosophy of investing. How Where and What.

I wanted to start lecturing outside of my current zone and I believe having some sort of finance qualification would give me some credence.

Could you kindly advise me your thoughts on what’s available.

Thanks in advance all
 
Well I too am in a different field and using Forex as an extra income source. Forex trading though is not an easy money scheme. It need some practice and brain. If you don't have an intention to become a billionaire but to make some good income go for Forex without any hesitation. Start with small investments; with good practice you can go for bigger once later. In my case I started with a Forex training course and then practiced with a demo account before start investing real money. I am not telling you to follow my path exactly. But if you don't have money to spare beginning this way is safer I guess.:)
 
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Hi.

I am in the medical field and have a passion for finance and regularly train young adults in the mind-set and philosophy of investing. How Where and What.

I wanted to start lecturing outside of my current zone and I believe having some sort of finance qualification would give me some credence.

Could you kindly advise me your thoughts on what’s available.

Thanks in advance all

I support your course. Wish you good luck too
 
Sorry, just to clarify, you are a dr? and you lecture in philosophy of investing?
What do you want to start lecturing in? ( with regards to "finance degree"?)
 
Whatever you're planning in detail, come at this from a more practical approach. Have a look at -
a) what your competitors have/are doing
b) what impresses your prospective clients
 
thanks....sorry didnt get any emails about replies else would have checked earlier

im actually a medical doctor but have a passion for finance

i regularly give small takes in the mindset for investing / how to invest / etc etc

obviously i am aiming for financial freedom through investing for later life and feel most people have no clue when it comes to money.

i wanted to structure my talk and maybe run a few seminars and just thought that people will take me more seriously if i had some sort of financial qualification

this isnt for the money but a passion of mine - maybe in the future it will lead to money but more now - just wanted to share what i know
 
I really don't think there's any financial qualification that you need - look at almost all of the trainers out there- very few have EVER had jobs as traders! They are ex IT guys, "management consultants and mostly Tony Robbins wannabe's !
So for you to take your time to doing a random financial exam I think would be pointless. If i was you, I would focus on the physiological side in trading- bring any medical knowledge you have on that( ok you may have to read up on that! to use..One of the smartest traders I ever worked for ( Henry Jarecki) was a physciatrist !


Good luck, and let me know how you get on?
 
Thanks for your post....

Reason for qual is that if someone says " wht makes you qualified to teach us" - atleast having some sort of qual behind me i am more likely to be invited to speak in different places.

Again this not for the money but am trying to create a structure that can appeal to young and old alike.

Not sure weather i should try and monitize it or just follow the dream and let the road open ahead.

My agenda goes like.
1) psychology of investing
2) mindset for success
3) compounding - the greatest gift to man
4) financial freedom - what is this.
5) what figure is needed to get to this.
6) understanding & returns / Inflation.
7) pensions / isas / jsias / basic tax planning
8) building investment pots. low / medium / high risk
9) understanding the stock market - it can be your best friend or worst enemy
10) dividends
11) leverage
12) active and passive funds
13) how charges on these can affect the future size of the pot massively.
14) benefit of tracker investment
15) strategy for long term ftse investment which i have put together

on number 15) would be great to share and get your view - if you feel you are able to provide feedback.

Again im just a guy with a passion for investing - been in the markets for many years and have also taught my kids the value of the markets - they are all 12 and under but invest.

i am on this journey as well and so just here to try and teach others - having some qual i guessed would help in the process...

any thoughts / comments / critique would be appreciated
 
I think that all looks good- it looks like a solid investment seminar. perhaps you might want to consider a wealth management qualification as your " this is how I am qualified to say this"

TBH, I am a trader, not an investor. I was an Equities market-maker for 20 years and have traded for myself for last 10 year so I'm not really qualified on investment criteria

Good luck, and go for it! follow your dream
 
Assuming you have the knowledge to flesh out your agenda bullet points, you don't have to have a qualification but you do have to have a USP (that people want from you). It doesn't have to be a totally new idea on investment, it can be a convenient re-packaging or an unconventional approach and so on.

Where you hear and fear the question "wht makes you qualified to teach us" - the real question is "What are you selling and what will it do for me?"
 
Assuming you have the knowledge to flesh out your agenda bullet points, you don't have to have a qualification but you do have to have a USP (that people want from you). It doesn't have to be a totally new idea on investment, it can be a convenient re-packaging or an unconventional approach and so on.

Where you hear and fear the question "wht makes you qualified to teach us" - the real question is "What are you selling and what will it do for me?"


As I've mentioned in another post - most of the trainers are just Tony Robbins wannabe's. I'm always amazed at the punters expect to learn from an ex IT guy or energy salesman who has never had a proper job as a trader.
 
As I've mentioned in another post - most of the trainers are just Tony Robbins wannabe's. I'm always amazed at the punters expect to learn from an ex IT guy or energy salesman who has never had a proper job as a trader.


Agreed, it is amazing, but it exists. I think training is a very viable business proposition for those who can talk better than they can trade. And that could actually be the only qualification required.
 
Agreed, it is amazing, but it exists. I think training is a very viable business proposition for those who can talk better than they can trade. And that could actually be the only qualification required.

Wrong way round! The (training) industry seems to be run by people who can talk, but can't trade!! I only know of one firm ( who are very low key) who are run by ex traders. The rest are talkers, and prop firms who seem to take money to fill seats.
 
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Wrong way round! The (training) industry seems to be run by people who can talk, but can't trade!! I only know of one firm ( who are very low key) who are run by ex traders. The rest are talkers, and prop firms who seem to take money to fill seats.


We all know this. I'm not saying its a good but it is certainly good business sense. I would much rather invest in someone who's a good trainer and who's proposing moving into training for would-be traders, than invest in the same person who's proposing to become a trader themselves. I think I'd make more profit from the training investment.

As to whether a trainer can make it without qualifications - yes they can. And do they need a great trading track record? - no. Will it be great training? - no. Will it make a lot of money for the trainer? - yes.

Would I be a customer - no, of course not.
 
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The "industry" of self improvement including investment appears to be doing well, although it might be just an appearance. Few authors are selling well, and majority of them have many good things to say, sensible things of which majority one might work it out anyway! Like - saving is a great idea.
The idea of tracking indices is good, even better with a broker that does not rip you off. Tony Robbins spends a lot of time explaining it in his latest book, "Money master the game", I am sure he is not alone to have spotted it, yet for few pounds one can have the book and read it without driving to a seminar.
Personally I do like reading that include reading about successful people like Andrew Carnegie, Richard Branson and many others, and some motivational books by people who by their example are worth to read like Zig Zigglar or Jim Rhon.
I also would like for younger generation, especially those in mid teens to read books like "Rich dad poor dad", or " The richest man in Babylon" with few biographies of successful people in any filed of their interest. (my advise is to keep well away from the expensive seminars!!!)

I have observed that successful people usually came to good things by thinking and working.
Incredibly neither thinking or working are the things that crowds desire.

On one hand there are those who promote thinking, positive thinking, even better. Nothing wrong with that, every good thing starts with thinking. However great and positive that thinking is, if not followed by action, work and accomplishment, the person is not likely to succeed.

Working, and being able to create is a great ability many posses. Many of those who work hard in the "western world" are usually able to provide for themselves and their families. However, work, even hard work divorced from thinking is less likely to produce spectacular success.
This divorce between thinking and working resulted in great wastage, unfulfilled human potentials, and unhappiness.

One needs to think "hard" and work hard, and enjoy both.

I find that those who are successful do not need to be convinced about studying, learning and doing, however, those who regard themselves as unsuccessful, or even worse, as failure, often locked in a daily rat race, will find many excuses not to better themselves by being mentored or otherwise.
So the old principle applies ,.. For everyone who has will be given more, and he will have an abundance. Whoever does not have, even what he has will be taken away from him... Mt 25;29

I find that one needs to be thinking, doing, prudent , productive and humble, without qualities like that any letters before or after the surname will make little difference.
It is good to be able to share how one practice happy and successful (whatever it means) living, there are many ways to do so. I prefer starting from home, with our kids, than friends who are able to verify the example one strives to be.
I am aware there are other ways too, however my skills, resources and time are limited, so I limit myself to a closer circle of people.
I rather like the logo in one of Goggle offices, "The most important things in life aren't things." Anthony J. D'Angelo
 
Hi.

I am in the medical field and have a passion for finance and regularly train young adults in the mind-set and philosophy of investing. How Where and What.

I wanted to start lecturing outside of my current zone and I believe having some sort of finance qualification would give me some credence.

Could you kindly advise me your thoughts on what’s available.

Thanks in advance all



Sorry, but I have to take issue with the responses to date. Surely the best qualification you could possibly have to teach others about investing in the markets is this one: the proven ability, over several years, to demonstrate consistent profits.

Without the proven ability to make consistent profits over several years, it's arguable that all the best qualifications in the world won't comparatively amount to much. 'Proven ability' doesn't mean books and ostensibly impressive qualifications: it means being able to produce at least a couple of years worth of real statements which show that you've consistently out-performed, with real money repeatedly at stake, most professional investors. That is, consistent success is, most unquestionably, the single most impressive qualification anyone who'd want to teach others, could possibly wish to demonstrate. All else, without disrespect, withers in comparison.
 
peakoil and CityTrader - I respect your your clear to make the training sector of trading better value for customers - trainers really ought to be proficient at what they're teaching.

But in reality, gonnamakeit doesn't have to shoulder the burden of quality improvement for a whole industry. He's in this to make money and, though he shows not a jot of commerical nouse to speak of, he's proposing to do nothing illegal. I say good luck fella, you don't have to be qualified or even a better trader than any of your competitors, your customers will decide if they want your product. As long as you deliver 6 hours of training when you promise 6 hours of training, show them what you promised to and make sure its not based on tea leaf reading, there's no reason why you shouldn't be as successful and as valued a service provider as any of the other trainers out there. For some people, that is all they want. The fact that some trading students aren't very discerning at selecting training doesn't mean they will fail as traders. Go to it.
 
And this is what makes the world go round- healthy discussion . With all respect I think you are completely wrong. Figures can be manipulated, most regular traders know a good trade when they put it on- I know one trader who puts his good trades on with what he considers to be his "lucky SB house" all he has to do as the end of the year is show his good results!

You need to let someone else have done the due diligence for you- the only people capable of training are traders who have been professionally taught and allowed to trade by a bank or market making firm. i.e the managers have done the work and considered that person capable of running the firms money.

As a dsiclaimer have been both an employee and a self employed trader I feel fairly well positioned to judge



Sorry, but I have to take issue with the responses to date. Surely the best qualification you could possibly have to teach others about investing in the markets is this one: the proven ability, over several years, to demonstrate consistent profits.

Without the proven ability to make consistent profits over several years, it's arguable that all the best qualifications in the world won't comparatively amount to much. 'Proven ability' doesn't mean books and ostensibly impressive qualifications: it means being able to produce at least a couple of years worth of real statements which show that you've consistently out-performed, with real money repeatedly at stake, most professional investors. That is, consistent success is, most unquestionably, the single most impressive qualification anyone who'd want to teach others, could possibly wish to demonstrate. All else, without disrespect, withers in comparison.
 
And this is what makes the world go round- healthy discussion . With all respect I think you are completely wrong. Figures can be manipulated, most regular traders know a good trade when they put it on- I know one trader who puts his good trades on with what he considers to be his "lucky SB house" all he has to do as the end of the year is show his good results!

You need to let someone else have done the due diligence for you- the only people capable of training are traders who have been professionally taught and allowed to trade by a bank or market making firm. i.e the managers have done the work and considered that person capable of running the firms money.

As a dsiclaimer have been both an employee and a self employed trader I feel fairly well positioned to judge


But can't a successful self-taught trader (or one who was taught by a failed trader) also be a trainer?
 
You could concentrate on the healing side of mending traders who have burnt out after years of trading rage etc. I once thought of opening some sort of hotel on the Cornish coast for just that. It might help knowing something about trading though.

 
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