"How do I know it's not a scam?"
When you spend all day working hard to earn money, you may feel like you don’t have to time to learn all of the personal finance tricks that will help you make the most of that money. Personal finance can seem like a very complicated thing, which indeed it can be, though its principles can sometimes be deceptively simple. As frustrating as it can be though, you need to make the time to consider your personal financial situation. Like it or not, the retirement that you want demands more of you than just regular hours in the office.
When you think of Wall Street, the first images that pop into your mind are likely snippets from the many films that have covered the historic New York City avenue. These movies, like Trading Places and Bonfire of the Vanities, were heavily inspired by Wall Street during the economic boom of the 1980s, featuring lavish dinners, yacht parties, and expensive tailored clothing. Today, however, the realities of working on Wall Street are not so glamorous.
Since the financial boom of the 1980s, popular culture surrounding the stock market, and Wall Street in particular, has promoted a particular image of the life of a stockbroker. This image involves nice suits, fancy dinners, and high value deals being made on yachts. The reality of being a stockbroker, however, is not nearly as glamorous.
I first started investing when I was 18. Okay, that's kind of a lie. I first tried to invest in the stock market around that age.
Did you know that a quarter of the wealthiest people in America got their money from working in the finance industry? It's a very high-paying field that offers people the lifestyle most can only dream of having. So, why just dream of being a finance professional when you can actually become one?
Even when we possess great knowledge in a field, it's always better to continue learning. There will be times when you come across something that you never knew before or don't quite understand. So even when you think you're fully knowledgeable in something, at times, you aren't. But it's never bad to keep learning! Plus, still gaining information in a field that you have a passion for and enjoy makes understanding more facts and information a better experience! And you can never have too much intelligence.
So you're looking to get hired on Wall Street? Landing an initial investment bank job after graduation can be certainly a challenge, but it's not impossible. We have come with ten tips to follow that will better your chances of a dream job.