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Author Topic: If you were given 250,000$ to invest as a job  (Read 7312 times)

NaturalDecimal

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If you were given 250,000$ to invest as a job
« on: June 10, 2010, 05:07:46 PM »

a) Take 30k salary + monthly bonus based on P&L (aka joe average ends the year making 35k in nyc = poverty)

or

b) Take 5,000 signing bonus and take 70% of your upside, failure to make money results in pink slip rapidly. (aka make anywhere from 5-100k (with 30% going to sweet scammers) depending on how many movies about wall street you've seen)

or

c) Say fuck both and work at a prop shop boiler room style where you get to use their desk and capital for a 5,000 deposit. Stay on board until you lose all of your leveraged loot. (aka make anywhere from -5k to over 40 million dollars)



To put earning potential into perspective, lets say max cap I'd put into a single acct would be 100,000 - make 1% on that 1,000... but if you make 1% 5/10 and lose 5% 1/10 = you still fail at life and become an hero. This would all be day to day, no long positions or overnight holds. Mostly technical trading. Equities only.


While failing to get offers in my industry of choice I am considering those offers from various NYC bucket shops that sweetly seduce recent graduates. I love trading and the only way in for a non-target graduate is one of these half scam set ups.
In the meantime, I umpire little league games and pick at scabs on my scalp.
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dvst8r

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Re: If you were given 250,000$ to invest as a job
« Reply #1 on: June 10, 2010, 05:22:52 PM »

CRX for the poll

Option C for my vote.
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Teg2boo

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Re: If you were given 250,000$ to invest as a job
« Reply #2 on: June 10, 2010, 05:24:23 PM »

Buy a BMW.
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92CXyD

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Re: If you were given 250,000$ to invest as a job
« Reply #3 on: June 10, 2010, 05:27:07 PM »

Buy a BMW.

Then build as a M5 or M6 clone.

Then turbo it.

Then sell it.

Loss money.  ;D


OR option C seems to be semi-winner.  :-\

LS1pwNzJ00

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Re: If you were given 250,000$ to invest as a job
« Reply #4 on: June 10, 2010, 05:28:34 PM »

yurney is a peepeeface and a poopoohead
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Whitey

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Re: If you were given 250,000$ to invest as a job
« Reply #5 on: June 10, 2010, 05:28:53 PM »

I'd invest in an RV and cough medicine
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Teg2boo

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Re: If you were given 250,000$ to invest as a job
« Reply #6 on: June 10, 2010, 05:32:37 PM »

Buy a BMW.

Then build as a M5 or M6 clone.

Then turbo it.

Then sell it.

Loss money.  ;D


OR option C seems to be semi-winner.  :-\

If I had to loose money, it would be that way!
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t_cel_t

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Re: If you were given 250,000$ to invest as a job
« Reply #7 on: June 10, 2010, 05:53:31 PM »

obama is going to outlaw day trading here pretty soon
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92CXyD

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Re: If you were given 250,000$ to invest as a job
« Reply #8 on: June 10, 2010, 05:55:05 PM »

obama is going to outlaw day trading here pretty soon

Only if it has something to do with Derivatives. :-\

Or maybe some form of hedgefunds.  :-\

BoostedSchemes

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Re: If you were given 250,000$ to invest as a job
« Reply #9 on: June 10, 2010, 07:12:01 PM »

I got a pretty good offer to work prop desk at a mm bank but the new laws are going to make that job illegal so I turned it down... I like to either be a vanilla ib guy or a straight trader I don't want to work ib hours for trader risk. What a shitty time to be living out my boiler room fantasies - goin on 2 option C style prop house meetings on mon/tue.   Jew
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j.h.christ

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Re: If you were given 250,000$ to invest as a job
« Reply #10 on: June 10, 2010, 07:59:02 PM »

i wish lightning would strike him, the vp, and the entire supreme court and they would all turn into vegetables. pelosi can get hit by a drunk driver.
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NaturalDecimal

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Re: If you were given 250,000$ to invest as a job
« Reply #11 on: June 10, 2010, 08:04:58 PM »

Yeah when I got home I was happy as a pig and shit and was going to start throwing out big fuck you's to everyone because that's the kind of prick I am and my stepdad was like... hey they actually considered that Volcker thing (prior to my interview everyone was saying it was like a 5% chance of going through, but banks were spinning off prop desks anyway in anticipation) and now it was like a certainty - and as of today its uncertain again. Fucking dumbass politicians who DO NOT UNDERSTAND how fucking hedging and trading work are trying to tell bankers and traders what they can and cant do... they say you cant expose a bank to delta risk... so they hedge against delta. They tell a bank they cant expose their capital to gamma - so now they hedge against gamma too... then vanna etc they FORCE the system to become so stupid complicated and then they cant figure out what the fuck is going on. Stupid fucking interlopers. (and glorious bailout givers).
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xpert787

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Re: If you were given 250,000$ to invest as a job
« Reply #12 on: June 10, 2010, 08:38:58 PM »

Where did the money come from, 250k is alot of cash. If it was a gift then A sounds like a good option to me until you have a job? B and C are basically a waste of money, aka why pay someone 5k to find out if you can be a successful trader or not, paper-trade or something first. Also depending on what degrees you have you could consider more school if it would help you reach your goals faster.
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NaturalDecimal

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Re: If you were given 250,000$ to invest as a job
« Reply #13 on: June 10, 2010, 08:45:17 PM »

Starting traders at most of the places I've spoken with are capped at 100-250k until they have 2-3 consistent earner months. Thats for mm banks, small prop houses. Big prop houses and BB's give them millions, even hundreds of millions, but thats after 2+ years of training. If I go this route I would rather go quick and dirty after a month or so of training like these boilers rooms do it. This way if I fucking suck at trading with big leverage then I'll find out before I lose millions for someone.

Plus when you look for your next job if you failed as a trader, having "equities trader" on your resume is like having "gardener".
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colt45

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Re: If you were given 250,000$ to invest as a job
« Reply #14 on: June 10, 2010, 11:49:48 PM »

i think you should say fuck the job and continue your illegal blackjack dealing in your apartment. 

bigdaddyvtec

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Re: If you were given 250,000$ to invest as a job
« Reply #15 on: June 10, 2010, 11:52:31 PM »

pimping and pandering
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j.h.christ

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Re: If you were given 250,000$ to invest as a job
« Reply #16 on: June 10, 2010, 11:56:58 PM »

i think you should say fuck the job and continue your illegal blackjack dealing in your apartment. 

and then you should start banging the black secretary
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Re: If you were given 250,000$ to invest as a job
« Reply #17 on: June 11, 2010, 12:42:40 AM »

i wish lightning would strike him, the vp, and the entire supreme court and they would all turn into vegetables. pelosi can get hit by a drunk driver.

That would be damn near impossible. Very few drunks flying planes.




I say you invet in JD's new tuning venture, GimmeMoney Motorsports. He'll pay each of us $5000 to work there, then it will all fall apart. We all win.
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NaturalDecimal

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Re: If you were given 250,000$ to invest as a job
« Reply #18 on: June 11, 2010, 11:53:48 AM »

sounds intriguing. tell me more while i smoke with this cigarette...  :noel:
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97Econobox

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Re: If you were given 250,000$ to invest as a job
« Reply #19 on: June 11, 2010, 11:56:49 AM »

I'd do B or if that didnt work out ......

I'd invest in an RV and cough medicine
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Re: If you were given 250,000$ to invest as a job
« Reply #20 on: June 11, 2010, 12:20:34 PM »

Id stockpile H series trannys and sell them to myself
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rawr2d2

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Re: If you were given 250,000$ to invest as a job
« Reply #21 on: June 11, 2010, 02:05:33 PM »

Can I be your secretary, Yuriy?
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NaturalDecimal

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Re: If you were given 250,000$ to invest as a job
« Reply #22 on: June 11, 2010, 03:24:05 PM »

youre not black and i dont want hamburger grease on my neck
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hotrex

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Re: If you were given 250,000$ to invest as a job
« Reply #23 on: June 12, 2010, 08:06:54 AM »

yuriy your a fucking tool bucket nigrofeceloider,

your ideas are lame and boring to read about. wall street is a joke.  mny cousin thought he was big time trader or whatever the fuck they do up there and after 1 yr of making 135k he now scrubs fucking toilets   so in the long run i havethelaugh,   two yrs at 85k are better than one yr at135k and the next at 15k   bitch nigger.

i want you to tie of your pecker head with dental floss unril it turns purple and dies.  for this post of hot nonsense and aids infested niggerdom
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CSaddict

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Re: If you were given 250,000$ to invest as a job
« Reply #24 on: June 12, 2010, 09:03:12 AM »

yuriy your a fucking tool bucket nigrofeceloider,

your ideas are lame and boring to read about. wall street is a joke.  mny cousin thought he was big time trader or whatever the fuck they do up there and after 1 yr of making 135k he now scrubs fucking toilets   so in the long run i havethelaugh,   two yrs at 85k are better than one yr at135k and the next at 15k   bitch nigger.

i want you to tie of your pecker head with dental floss unril it turns purple and dies.  for this post of hot nonsense and aids infested niggerdom

Wisdom.
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NaturalDecimal

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Re: If you were given 250,000$ to invest as a job
« Reply #25 on: June 12, 2010, 11:11:56 AM »

hmm thanks josh. sorry for having lofty aspirations - while I have the opportunity to work in a field that laughs at aids infested manual laborers like yourself, I will do just that... and when the opportunity passes, I will scrub toilets and enjoy being on your level. youre only young once and I would rather "waste" my youth on chasing dollars than shooting my veins full of horse semen then dragging around dead weights and fitting pipe.
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rawr2d2

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Re: If you were given 250,000$ to invest as a job
« Reply #26 on: June 12, 2010, 11:25:02 AM »

I'm going to clear 20k this year at mcdonalds. 








Also I'm posting this while sitting at graduation.
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NaturalDecimal

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Re: If you were given 250,000$ to invest as a job
« Reply #27 on: June 12, 2010, 11:28:03 AM »

I know the price of my education, but not yet the value. Graduation was the final heavy handed "welcome to the new machine" moment, I doubt I could've taken another year of that shit. Now the frat parties and the adorable girls in the arts/humanities library, that I could take for another few years  :yes:
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NaturalDecimal

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Re: If you were given 250,000$ to invest as a job
« Reply #28 on: June 12, 2010, 11:29:02 AM »

And if I only cleared 20k a year while I was in college, I would have a good bit more then the 50k or so in debt I have.  :-\ Jew
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j.h.christ

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Re: If you were given 250,000$ to invest as a job
« Reply #29 on: June 12, 2010, 01:15:53 PM »

i'll clear 60ish this year, and i'm ok with being day laborer street trash.
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