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How to become a mutual fund manager?


how much earning potential is there, how much education do you need, the steps to get there, and only serious answers please!

It is preferable that you have a finance degree and get the series 6,7 and 63 certifications, then you have to work for a company as a broker for a while and work your way up to being a fund manager, or start your own business which will require you to pay a ton of cash out to computer programmers to get everything set up. It is not a cut and dry thing. You really have to be able to perform and I believe there is an ongoing reaccreditation that is involved as well.

The payout can be huge, but it will depend on how you have the loads and fee structure set up on your fund, plus of course how many people actually invest in it.

One short-cut option is to run a simulated fund for Marketocracy. If you do well they'll ask you to participat in their fund of 100 fund managers. Here's the link:

http://www.marketocracy.com/index.html

PhD.

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