>>1069542 Yes, there is nepotism and yes there is an old boys culture, but that is all leaving.
Upper management is finally realizing that promotion based on ability is more efficient than promotion based on time worked. The old guard are retiring and a new generation are being hired through a way more competitive process than the boomers ever went through.
The boys club thing is relevant but really only in the intelligence community, everywhere else women, minorities, etc have become half or more than half of... Comment too long. Click here to view the full text.
I'm not American, but I can share some experiences as a lawyer working for government in tax.
>Being bored; I'm a hard worker and from what I've heard some government departments can be lazy. There are some people who get by doing the bare minimum, but plenty who really do work hard. If you show that you're willing to take on more work (and that you're competent to do it) then you shouldn't find yourself bored. The people who don't do much work tend to be older people who don't care anymore,... Comment too long. Click here to view the full text.
Why should I believe anything I read on this board? How do I know that behind every post with advice or information there isn't someone who has assumed a particular position on the market and stands to gain from the reader adopting the same position (or an opposite position) at the reader's own expense?
There's lots of situations where it's potentially profitable to spread disinformation. I can't think of that many times in business where one is incentivized to tell the truth or give other actors sound advice.
>>1069503 I try to help with actual business stuff. Get rich quick stock market garbage should be ignored by everyone all the time. If you don't have the balls to be more than an employee, you really shouldn't be fucking with anything but index funds anyways, because you don't have a lot to lose.
Just my two cents.
>inb4 the 500 hedge fund managers who lurk here tell me beating the market is easy/possible
How do you guys who live alone, survive? I have an OK job with 2300 Mo/ income Decent places around where I work are in the Hood places are 1200+ ranges. I was looking but not seeing much for renting houses, they seemed to be 1400+ at that point is it worth staying at home a little longer and saving to just get my own home? My old man says at the point of renting a home for 1400, just get your own and the mortage would be 1200, and the 200 can go into a home repair fund.. is this true? help a new player out..
you don't make very much for how expensive the city is in is. And in markets like that right now, buying makes even less sense than renting, not that you probably even have a downpayment given how much you make.
Move in with roommates, save, and hope that housing crashes so you can get in when it is cheap.
so i should just rent a house until the market becomes realistic? uhg, the problem was i was trying to get away from people into my own place, but its like those places where you rent a 600ft copy paste apartment just dont exist here. I swear the economy is fucked, yeah my job underpays but even then, is 10 more grand from 38k going to make or break me owning / renting?
>>1069345 negative interest rates encourage banks to not park money and instead lend it to people. They want to encourage inflation which they need to spend money, which can happen by people getting loans, which contributes to an inflation cycle.
There is a negative 0.75% rate in place in Switzerland already so it isn't anything new and the Japan negative interest rate is only negative .01%
>economics >stocks generally, economics =/= stocks except for the most simple concepts. For example, in economics you'll learn a lot about monetary and fiscal policy, aggregate demand and supply, inflation, unemployment, etc. These concepts are tied to the economy as a whole and not so much to valuing individual firms and what firms are good/bad investments.
If you have money, throw it into an index fund and forget about it. Picking individual stocks is almost always worse than just being exposed to... Comment too long. Click here to view the full text.
>>1069301 When I say index fund I mean one of the Vanguard ones or similar for whatever firm you choose to go with. That will set you up for the long term if you have some disposable income to save every month. (Index funds broadly exposed to the S&P fairly consistently beat stock-picking).
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