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I really do not know anything about Primerica or Edward Jones.
One memory that was conjured up with your message concerned a
conversation with an accountant.
He had a client, a lawyer, whose parents died and left him about $5
million. He continued on with his law work and gave the bulk of the
money to Merrill and allowed them to trade it as he kept tabs. During
that time he educated himself, as best he could, on how to trade the
markets.
After about a year or so he took back half the money and barbelled it.
That is, he took half of what he took back and bought bonds and traded
stocks part-time with the other half.
A year or so after that he took it all back and (as far as I know, the
tale is a few years old) still to this day keeps half in bonds and
trades half. It was at this point, when he started trading the entire
account, that he left law work completely.
So he eased into it, and became very successful as well.
--PJS
Tom Bucklin wrote:
>
> Thanks for the words. I'm planning to retire from active duty with the
> military and plan on entering the trading world--slowly at first. Just want
> to turn a "hobby" into a second career. Don't know the best way to do this
> yet, thus I'm moving slowly.........don't want to end up on the welfare
> rolls!!
>
> I've heard some good words on Primerica and Edward Jones....thoughts?
>
> -----Original Message-----
> From: Patrick Slevin <pslevin@xxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Date: Sunday, January 11, 1998 9:57 PM
> Subject: Re: GEN - Making a Living
>
> >Well as I just told someone else privately life is funny.
> >
> >I would not have discussed my provate life were it not for the fact that
> >Stu hit the nail on the head and I felt compelled to respond.
> >
> >Good luck in future ventures.
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