Archived threads in /biz/ - Business & Finance - 5914. page

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>>1839454
bump

>>1839454

If you want to make money as equity analyst you will need to work a shitload of hours and get into investment management.

Only way to make it up is to be a very successful relationship manager in commercial banking. Can you sell?

there frankly isn't a lot of money in traditional banking.

Well, either way, you probably will have to be damn good at selling. Either that or be a top 0.1% analyst.

source: dude in top 15 mba program trying to make it into a hedge fund and retire by 40 but first he needs to pay his dues. currently working in commercial banking (want to kill myself every day but its normal hours), but wanting to transition into equity analysis and hopefully one day hedge fund.

>>1839600
>>1839454


also what's this bullshit about 12 hours a day for 15 years. No.

even investment banking at a BB (which should be your lowest target), you will make 150K+ out the gate, and 300K in 4-6 years if you stick around. You should also be able to easily switch to a more comfy gig that pays $150-$200K after 3-4 years. the job opps out there for someone with top IB experience is huge (though still nothing compared to mgmt consulting. its retarded how much companies want to suck mgmt consulting dick, opps are nearly endless).

but again, the highest level is equity analysis. Anton is right; the less intelligent grinders/salesmen are who stick around in IB.

the truly talented people move onto asset mgmt/hedge funds and make real money.

investment banking and mgmt consulting is like 50% bullshit in my opinion; but competing and being rewarded for TRUE skill is of course 10000x harder.

>>1839427
Don't go there. It's not 4chan friendly.

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How about a nice fat IRC channel instead of this malware?

>>1839427
you guys care if i post the link to my friends over at reddit

There are some very large party supply small businesses. They supply tableware clothes, tables, catering and go for the higher end shit no one owns. Not Solo cups

>>1839406
I'm focusing on like college house parties or small birthday parties. Not really people with a budget for caterers.

>>1839393
Solid idea. I had this as well.

Get that liscense if u can. Youll want a cdl and a box truck anyway for gear and advertising.

>>1839384

It's called growing up, OP. you are officially a man now

>>1839384
OP i think you need to start accepting you have a problem and donate some of that money to me

>>1839395
My mom always told me I had a hoarding problem. I have over 6TB of porn that I've had for almost a decade, 10TB combined of TV shows and movies in full HD, a garage full of shit like car parts, boxes of stuff I bought, paperwork records and pictures. I can't even park my car in my garage. I have to use my guest parking space because I have so much shit.

I don't know what to do with my money but I want to make more. I can't spend too much time because I work nonstop. All I wanna do when I get home from working is rot, go to sleep, wake up and repeat.

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>>1839367
I know of De Bono's six hats, but it is usually cumbersome to think so methodically.
I had better success when using the "almost falling asleep" method used by Dali and Edison. I don't remember who I read it from tho.

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>>1839367
bump

You don't need creativity to think of a business idea, in fact that's a surefire way to think of a terrible idea for a business because it'll be something like "translucent hats shaped like a bear" or "an Italian style sportscar with an inbuilt espresso machine that uses the heat of the engine..." that serves no use to anyone.

All you need to do is identify a desire or a service that people or businesses need which is either unsatisfied or you can do it either
>faster
>cheaper
>better
>in a way that "adds value"
>more convenient

Best place to start is your own life: what is something you would pay a lot of money for that doesn't exist, or would pay a premium for if it could be done easier/faster/more conveniently/add value compared to your current options.

t. fine art grad. I KNOW creativity.

>>1839363
>phone breaks
>have $1,000,000 on coinbase
>btc starts to drop and you can do nothing about it

hmmmm

>>1839363
use authy

>>1839363
Why dont you just store your bitcoin on blockchain.info and stop using cuckbase?

You have to pick a hobby or interest.

It's OK if you don't like that hobby or interest, almost no one likes things once they work at them hard enough to make money

>>1839327
>>1839327
you are an expert in not having a niche or expertise in any subject. so focus your attention on finding people with the same problem and make money off them by giving examples on how youre making without expert knowledge in any area.

if you are learning a lot at your work experience then it's worth it, if you actually end up an excel monkey then it's not

Do you think employers will understand if my grades slip due to working part time?

I learnt stuff last time, specifically finance stuff when I was working with the finance people.

>Finance + Engineering
How is this possible? Interested, because i was planning on double majoring in CS and Finance

>>1839308
If you absolutely, positively, have to lose every dollar to your name - accept no substitute.

>>1839316
Care to elaborate?

Most people lose money over the long term. Better to invest your spare money into reliable businesses and use your time learning something or creating something valuable that you can sell.

Such as: programming, any type of product (watch shark tank and see your product doesn't need to be amazing in order to sell), web development, hobbies that can allow you to freelance (photography, writing etc), affiliate marketing, blogging

>>1839273
Does Amazon Video count?

>>1839287
No, I'm specifically talking about services that give you packages of the regular cable channels to watch through the internet.

Amazon already make their exclusive amazon prime video shows.

>>1839272
nigger you couldnt find a better lottery ticket than this chink compny

>>1839274

That's what I thought when I bought it. I know buying penny stocks is a longshot but I didn't think they would literally disappear off the face of the earth. They had a solid history of profits. My shares have been worthless for a few years now.

>Spends $200 on chink scam

It never existed op

bump come on faggots

Low margins, too much work, too much chance for consultation costing too much. But yeah people do this all the time. Usually they don't get a knowledgeable "random guy" to do it, they just do it themselves.

>>1839230
it is too much work.You might as well just open up a used car dealership

My family has been in the car repair business for 40 years. We sell cars, my cousin owns his own car dealership that I helped manage for about 4 months.

It is a hell of a lot of work and people are very weary when it comes to purchasing cars, lots of time wasters.

>>1839209
Dont forget the Monero 1%ers at cryptokingdom.me

Yep

You know I could just use boolberry or stealthcoin or any other "stealth" coin.

This is the one I use
https://personal.vanguard.com/us/funds/snapshot?FundId=0540&FundIntExt=INT

I'm very happy with it, Vanguard is the most popular because it has an extremely low expense ratio and mirrors the index quite evenly. It went up 12% last year, not too shabby.

>>1839213
I have heard of vanguard a lot, what are the fees?

>>1839245
just found the information on the vanguard shortlist.

for anyone else looking at this, it is the expense ratio and it is an annual fee