Is Investment Banking a huge /biz/ and pretty much everywhere meme?
Reading more and more about people's experiences in it, it sounds downright horrible and just doesn't seem like it pays off for the amount of work put in.
>Need to get accepted to target school for IB >Need to work your ass off in college to get top 5-10% of class >Need to do hella extracurriculars, network like crazy and get a good internship or two >5 or so people... Comment too long. Click here to view the full text.
And the worst part is just how hard you to work to get into it... It makes no sense.
Literally breaking your balls to get into target school, then breaking your balls ONCE AGAIN to get top of class just to have a chance of being one of 5 people to get into IB.
Why is there such an emphasis on this board and other University forums that investment banking is the be-all and end-all of careers? When realistically you have to be the smartest/hardworking of all to... Comment too long. Click here to view the full text.
Because the type of people that want to do I-banking (or big law or consulting) are the ones who are very fixated on prestige. And prestige only exists in the heads of other people, so they spend a lot of time re-affirming their life choices by making sure other people know that it's awesome.
Why haven't you opened an eBay shop yet? Pic related - my lifetime earnings as an eBay seller. I just flip mostly small items from thrift stores, classifieds, and yard sales. I invest maybe 10 hours a month tops.
>needed a cheap quart of oil >broke.jpg >go on freeBay >find this sucker selling Chinese oil >buy it, use it, works just fine >open a case - item not as described.wav >get refund >seller pays return shipping >i send back empty bottle >seller tries to fight it Comment too long. Click here to view the full text.
> Highschool senior in NJ > Parents make <10,000 a year together > 3.4 weighted GPA/1850 SAT What universities do you recommend to pursue business program where I'll be able to afford my tuition/cost of living seriously, I'm considerably poorer than my friends and I'm wondering if I should even bother applying to these big instate schools like they are (UDelaware, Penn State, UMaryland, etc)
I got a text today saying "Heyyo". Turned out to be some chick for a warehouse job I applied to. Not sure which one because I applied to numerous. They want to interview me tomorrow and she asked me to tell her about myself, what exactly do I say? Graduated in 2010, attended college 4 years after High school but dropped out because I wasn't sure what I really wanted to do? Not nervous about the interview even it's my first, but not sure what to tell her. Advice?
Hey /biz/ I'm trying to make 1.4K (to buy a laptop) by the end of next month. I'm on a 9.50/hr minimum wage which will take me months to get to 1.4K I haven't been with my current bank long enough yet to do loans.
Help me /biz/, how do I make my quota by the end of next month?
Been thinking about CGX Things are looking pretty good, the only thing I can see is the payout ratio on the higher side. Maybe star wars will push it to new highs ? Also Canadian Western Bank CWB.TO strong history of dividend growth, low payout ratio Seems to be growing nicely as business, although their liabilities are too, guess its all reasonable.
kinda missed the boat on Bird construction, but still worth a look since the new gov will spend billions in infrastructure
Ok /biz/ I started investing at the ripe age of 18 after taking business,accounting and economics first year in uni. I thought I would make some serious money. Invested in Blackberry when it wasn't being anally violated by every other mobile phone company. Didn't get out in time and now have its shares sitting in my portfolio festering.
Then I invested in El Dorado Gold or something like that. Greece didn't pay denbts and company's gold mines in that country shut down because impairment, major losses blah blah blah I lost a crap-ton of money
Now... Comment too long. Click here to view the full text.
>>968524 This thread is mostly going to poke fun at you for picking stocks. But you diverse it. on AMRS. They're quarterly revenue is down 62% from last year. Assets down 50%. With liabilities only down by 20%
Their current 300mill market cap seems high. At their rate of growth, I expect this stock to be sitting at 0.75 in 11/2016.
Sup /biz/, I'm looking for a good book for someone with no previous financial training to learn about finance and investment. Something introducing basic terminology and tips for beginners if you will. Any recommendations would be greatly appreciated.
>>968403 Your largest export is Oil and the US buys all of it. Crude is low 40s. When oil is priced in US dollars and we are your sole trade partner, falling oil is a direct pairs comparison of your currency to USD.
If you really want to have fun, overlay a CAD/USD graph with the price of oil.
Besides working your regular day jobs what do you do for an extra source of income? I'm a recent college grad and have a good day job in accounting but I'm trying to maximize the amount of money I can make right now. I'm open to many different ideas.
i design shitty designs that get slapped on pillows and i make a bit of money , i just thought i'd try and use redbubble ( i used it years ago to test copyright infringements ) but it seems if you can get rolling on their you might make a bit
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