Recent content by tanp21

Did you know that 90% of statistics are made up on the spot? :D

Yes but they hedge their risk with MBS.

What will happen? Simple supply and demand. The more houses on the market when owners are desperate to sell the lower housing prices will drop. They will rent or move to a cheaper area.

Right now I would be more concerned with the people taking all the equity out of their home through a HELOC. That ARM increases directly with the prime or libor rate. There is no lag on that product as opposed to a 3/5/7 year ARM as your 1st mortgage. People these days have little to know...

Careful what you say. My 600 square foot apartment in NYC is worth more than your house. :D

GSCO, Thanks for the offer but I already have all the books that I need.

I appreciate your advice. Here is a little more about my situation. I am 29 and work as a Senior Manager of Staffing & Recruiting at a Management consulting firm in NYC. With regard for industry expertise it would be in HR operations, which I don’t see as lending any value to a portfolio...

I would love to hear from some hiring managers at Hedge Funds or Bulge Bracket firms to see how the level1 of the CFA is perceived. Besides an MBA what other certifications or training do you recommend?

I am taking the CFA level 1 in June and have no industry experience. I currently have a somewhat lucrative career in a different industry however I would like to pursue positions in the Investment Management field. Will passing the level 1 open any doors? If not will becoming a CFA Charter...

Candletrader, I have a few comments about your post. 1. I hope to God that you are not an American however it would not surprise me if you were. My own countrymen hate our country more than the "Civilized World". Their focus is all wrong and the media is to blame. You don't think these types...

I see that your firm as a Proprietary Trading division, do you allow these traders to trade firm capital remotely? Please let me know what the process is. Regards, Tanp21

I am looking for a career change and I recently have gotten my Series 3 license. I am now wondering if this helps me at all. I would like to trade Futures full-time at a true proprietary Shop, no capital commitment, in NYC or at a i-bank, hedge fund, as a entry level person, Jr. Trader...

Where is you stop loss located or is it a volatility based stop? Regards, Tanp21