Banker struggles on $350,000 a year

sle · Mar 4, 2012

Quote from Rationalize:
Can't really see the top end sustaining itself over here, but the effect has been somewhat similar.

A lot of outsiders buying to park some cash and I also think there have been a lot of really rich people moving back to the city. Personally, I can't wait for the top to give in a touch, but so far that has been nothing but a fantasy.

Quote from Rationalize:
Intellectual curiosity here as to what made last year "good"?

Generally, the way my trading methods are set up, I do exceptionally well in volatile years and have pretty mediocre performance in quiet years. I don't really get to leverage the flow much - in fact, i think most of my flow is pretty toxic. Anyway, my best year by far was 2008, but I can't boast getting paid too well then. 2010 and 2011 were good, though and these days the firms appreciate some people that have counter-cyclical performance.

Quote from Rationalize:
Re a,b,c - yes. Sets things up well for short term relationships.

And long term ones too - I met my Mrs this way and we've been together for 12 years. Though lately there is not a day I am not thinking of packing it all up and moving to your neck of the woods.

SteveNYC · Mar 4, 2012

Quote from RichardRimes:

To all the pet haters...its all relative. There have been multiple studies that suggest having a pet actually extends your life as well as the quality of your life. I currently don't have a pet...have a live in spouse which is quite enough. If I lived in NYC and didn't have a roommate I believe a pet would be very important. In any case no one questions how expensive NYC is to live in and to make a judgment on how ppl spend their money is kinda pointless. Its only when people whine that I think we have a right to throw snow balls. I don't believe SLE has done any whining. As far as the $350K guy I'm not feeling in any way sorry for him or any other bankers/financial ppl. They will have to learn to live on less and I'm sure will do just fine.

I owned pets for 20 years. I experienced life with and without pets.

If you are strong, you don't need pets.

SteveNYC · Mar 4, 2012

Quote from sle:

I guess I am a weak fuck, but clearly I am a successful weak fuck and you are clearly a loser (and a sore loser at that).

For the reference, almost everyone in my coop has a dog and I'd guess that median income here is a $1.5 million a year. You don't have a pet and you are probably making an order of magnitude less - so who is "a man" and who is not?

Weak fucks get very defensive often. Strong ones wouldn't bother responding to my post. That's my experience.

njrookie1 · Mar 5, 2012

It costs me $4-5000 a month to raise two kids and I would not replace them with anything. Pets serve similar purpose. You cannot measure it with money. You spend what you think you can comfortably spend on them.

I am not as attached to the goldfish or my 5 hens. My hens are my high yield securities. They do keep me calm though.

Quote from wiesman02:
$17,000 / year on pet expenses is ridiculous!

Why? If I would have told you "it costs me 20k a year to lease, insure and garage my Aston-Martin" you would say "this guys is cool", but for some reason spending the same on two dogs is "ridiculous" in your eyes. Even though both have the same practical value in Manhattan and (if I was single), two big fluffy dogs would do a better job getting me ladies then a shiny penis with two chairs in it.

sle · Mar 5, 2012

Quote from SteveNYC:
Weak fucks get very defensive often. Strong ones wouldn't bother responding to my post. That's my experience.

Well, I have admitted to be a weak fuck. You too, however, responded to my post so by the logic above... So far, however, the trail of post insulting people who happen to make more money then you do make you out as a sore loser.

flipside21 · Mar 5, 2012

Quote from SteveNYC:

I owned pets for 20 years. I experienced life with and without pets.

If you are strong, you don't need pets.

I'll get a dog when I'm a helpless old fart.

babutime · Mar 5, 2012

Quote from TheAngryHermit:

STFU and stop pulling out the race card twit. Ever hear of a man named Barack H. Obama? Whites put him in the White House, not blacks. Ever hear of Oprah Winfrey? Whites made her a Billionaire, not blacks. Let's consider all the NFL and NBA players making millions each year, which comes mostly from whites. I'm sick of "you people" pulling the race card. LOL Now, get to the back of the bus and stop drinking out of my water fountain.

Listen you racist prick, Barack is just as genetically white as he is black. And all the money you speak of Oprah making, that came not from racist losers like you but from open minded white people who didn't care what her race was.

As far as getting to the back of the bus bud, I think it's pretty obvious who is in the back- YOU. At the front is a Chinese guy.

Go learn something!

[not black]

Rationalize · Mar 5, 2012

Quote from SteveNYC:

Weak fucks get very defensive often. Strong ones wouldn't bother responding to my post. That's my experience.

Come on Steve .. wait, do you really live in NYC? If so, you should get-it about dogs. Also, maybe check the cv of whoever you're abusing.

tigerwu · Mar 5, 2012

You guys should try living in Tokyo! We got higher taxes and higher prices. You can not live a decent middle class life without 400-500k a year. Just had this conversation with my wife last night..... What a joke! Time to move back to the States where everything is at least 50% off. Well, maybe only for a few years until Obama raises dividend and capital gains taxes.

SteveNYC · Mar 5, 2012

Quote from sle:

Well, I have admitted to be a weak fuck. You too, however, responded to my post so by the logic above... So far, however, the trail of post insulting people who happen to make more money then you do make you out as a sore loser.

Who gives a fuck.