And the rich get RICHER....

Quote from WallstYouth:

Ofcourse not but tell that to Goldman Sachs, Morgan Stanley or any other major Investment Bank on Wall St.

I work for a very large investment bank and dont know many individuals who clear 7 figures and didnt attend an Ivy League undergrad and an MBA from a top business school.
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I call BS on your large investment bank. Next.....
 
Quote from HolyGrail:

I look at it this way. People ultimately earn what they are worth or no one could afford to pay them. If anything it should give you an optimistic viewpoint. If that kind of money can be made by many people you could also make that kind of money. You just need to develop a plan so that can get you there.
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That's a good post I think.

I think that people ultimately could earn what they want to earn, if they, just as you say, develop a plan to get there and do everything neccessary in order to succeed.

Want to earn 7 figures? Then you cant just sit around feeling sorry for yourself and envy those who do earn that much. Take action! You should ask yourself every day "What am I doing today that is getting me closer to the 7 figures"?
 
Shocking -- I can't believe they pay you business panzies so much money. I obviously took the wrong undergrad.
 
Quote from Maverick74:

Because just last week you said you worked in IT for a large retail firm.
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Wrong, any way I have nothing to prove, but to put an end to this you have my company email in PM,
 
Of course "The Rich Get Richer"... they have accumulated capital for investment.

The non-rich "spend everything they earn plus their credit capacity", so they will never be rich until they change their behavior.
 
I'm sure you Oprah Fans are familiar with the Christopher Gardner
story.



Quote from WallstYouth:

Ofcourse not but tell that to Goldman Sachs, Morgan Stanley or any other major Investment Bank on Wall St.

I work for a very large investment bank and dont know many individuals who clear 7 figures and didnt attend an Ivy League undergrad and an MBA from a top business school.
More...
 
Quote from WallstYouth:

Wrong, any way I have nothing to prove, but to put an end to this you have my company email in PM,
More...

WallstYouth
Registered: Dec 2005
Posts: 79

10-21-06 04:38 PM

Apologize up front if this thread does not fit the criteria for this forum.
I’ve read many threads here state that one should really spend some time working for a large firm so I’ve decided to head to a large retail firm for a few years to basically absorb as much as I can. I'm a techie (compsci degree) and have been in the IT field for the past 10 years with less than 2 years of experience in finance sales/trading. My goal is to possibly one day leverage my background in IT and learn the business itself to really learn the in’s and out’s of algorithmic trading and to one day implement my own trading strategies and working models.
 
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