New Business/Markets/Economy Website.

[JiggyJigs]

Hi Guys.
I'm currently building a new Business/Markets/Economy website. So far got a forum up and running (currently only covering ASX, but will be adding a heap more forums covering many topics). Will look at adding news feeds and many more features as it goes along.

Site isn't finished by any stretch but I thought I'd open it up for you guys as I know there are a heap of PSBer's interested in such topics. Each company listed on the market has it's own forum, and as such at the moment its a bit large to look at, but as I said it's not finished and will be easier as it comes along.

Feel free to check it out.

BusinessWire > Home

Dave

[Foetus]

Registered...How far along in your RG146 are you?

[JiggyJigs]

Haha how did ya know I was doing that?
Oh I have posted it a few times I guess.
Um depends...I'm going to to the advanced as well, so about a third through in total. Currently just going through the individual subtopics for the diploma. Finding it a little bit difficult to stay motivated at the moment but getting there.

You doing it aswell?

[Hewie]

Why are you guys doing a 146 course ? is it for work or interest ?

[JiggyJigs]

I have every intention of being a planner in the future. My commerce degree wasnt in finance so legally I have to do it.

Unfortunately it means I can't really post on my own website.

[Foetus]

I'm about halfway through myself, i plan on doing the advanced also.
i hear you about the motivation, especially after a long day at work!

I'm doing it as im a paraplanner.

[JiggyJigs]

My lack of motivation is more to do with the fact that I feel like I'm learning new things only 20% of the time max. Having done a lot of it either at uni or in my own time, I'm finding it difficult to motivate myself to do it all over again. I know it should make it easier but sometimes it is just a little frustrating.

Anyone here any good at module development for .NET framework? Need some little modules made up for the forum.

Dave

[JiggyJigs]

Have just added property, forex, commodities, deriviatives, overseas markets and more to the forum. A bit more topic diversification for those not into shares but still interested in investment.

[Hewie]

Who are you doing it through ?

Unless your doing via a diploma course and the diploma is actually the outcome not the RG146 accreditation then there are easier ways to do it.

[JiggyJigs]

I'm doing Diploma in Financial Services (Financial Planning) and then Advanced Diploma. Through Pinnacle.
Out of interest Hewie, if my memory serves me correctly, your a stock broker. What education did you get before starting out.

[Hewie]

Ok.

So the 146 is just a bonus. Your actually just doing the Diploma for the education it gives you in its own right.

Yeah sorta. I am qualified as an Advisor, but I dont advise. I do other things but I maintain my skills.

I did it the hard way.

I started as a floor operator managing orders for up to 120 advisors then worked my way up from there expanding my education as I went and Im still studying.

So I did my stuff while I was working.

[JiggyJigs]

Oh nice work. Which firm are you at?

I am in the unfortunate position in that I am moving to Bunbury for 8 months towards the end of August. Something tells me kick starting my career in planning might be a little bit difficult down there.

I'm looking at getting a planning job for one of the big 4 banks and getting some experience then looking to boutique planning from there. Would you recommend such a path? If not what would be your reccommendation?

[Hewie]

Depends really what you want to end up doing ? have you worked in a FP firm before ?

[JiggyJigs]

I want to be a senior/advanced CFP.
I don't have any experience in a planning firm, but do have some handy contacts in banks. I don't have any issue with starting from the bottom in a firm though.

Dave

[Hewie]

Fair enough.

Well if banking FP is something your interested in and you can get in the door, then yeah its a good place to start.

Ideally you want to find somewhere that the staff are experienced, well regarded and willing to mentor you. (yeah I know ... obviously )

A number of the bigger broking houses have FP arms that would give you a good start if you can get in as a para.

Join a few of the associations and get out and amongst the industry members. that way you can hopefully build up a good network of contacts.

[Foetus]

It definatly is a small industry, everyone talks, so shouldnt be too hard to get your name out there. As hewie mentioned, getting into paraplanning is a decent way to get started as it gives you a good foundation of knowledge to build off. We have a Snr Paraplanner whos's CFP and an authorised Rep. She commands a salary similar to advisers, and she doesnt have to worry about giving advice. (although as she's authorised she will soon!)