How rich can you become through finance?

I´m currently a college freshman with a lot of former students from Le Rosey (100k a year for HIGH SCHOOL), some of my peers actually already interned in IB´s after graduating High School. I actually do know some billionaire kid who got a maserati to his 18th birthday. Will it be possible to achieve this level of wealth through a career in finance?

 
Kennedy0110:
I´m currently a college freshman with a lot of former students from Le Rosey (100k a year for HIGH SCHOOL), some of my peers actually already interned in IB´s after graduating High School. I actually do know some billionaire kid who got a maserati to his 18th birthday. Will it be possible to achieve this level of wealth through a career in finance?

Why not?

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Probably a fully loaded fighter jet, attack helicopter, my own airfield on a private island with 360 armed perimeter, and fully autonomous robotic support staff. gotta protect my riches.

 

Own 1-2% of a shitty NBA/NFL/MLB franchise and act like I actually do something. If it's an NFL team I'll make sure to be really emotional and pace the sideline at every home game until ESPN notices me.

"Better to remain silent and be thought a fool than to speak out and remove all doubt." --Abraham Lincoln
 
OkComputer:
Own 1-2% of a shitty NBA/NFL/MLB franchise and act like I actually do something. If it's an NFL team I'll make sure to be really emotional and pace the sideline at every home game until ESPN notices me.

And show up every now and the with your bootylicious singer of a girlfriend. And then maybe do a TV show about the team. I see.

 

The kind of people that end up making that kind of money only want to keep doing what they've been doing. Chances are they like it.

I hate victims who respect their executioners
 

I'll become a teacher if I get my walk away number,. So many days off a year, placing trades through my smart phone while the students are solving problems or working in groups and a secure job compared to finance. However, I won't be the cool teacher. I'll be an asshole compared to the English lit. majors trying to save the world.

CNBC sucks "This financial crisis is worse than a divorce. I've lost all my money, but the wife is still here." - Client after getting blown up
 
Working9-5:
I'll become a teacher if I get my walk away number,. So many days off a year, placing trades through my smart phone while the students are solving problems or working in groups and a secure job compared to finance. However, I won't be the cool teacher. I'll be an asshole compared to the English lit. majors trying to save the world.

Why would you want to be the asshole? You'd have enough money to be a teacher of any quality and not have to worry about the consequence, so why not be a good teacher but also fun? You can be a helpful and great teacher without being an asshole.

 
Working9-5:
I'll become a teacher if I get my walk away number,. So many days off a year, placing trades through my smart phone while the students are solving problems or working in groups and a secure job compared to finance. However, I won't be the cool teacher. I'll be an asshole compared to the English lit. majors trying to save the world.
I think I might just take a job as a full-time asshole (I'm only working that job part-time now).
 

^ My second choice. Great vacation, decent pay. Make an actual difference (feel free to argue about this).

I would love to be a sarcastic History teacher.

"Come at me, bro"- José de Palafox y Melci
 

Definition is retarded. No "guaranteed" investment has a 6% yield, especially these days with Big Poppa Bernanke flashing bills like he's a fucking crip. If you think you've got 6% forever, you don't have "fuck you money" you have "dumb money."

Aside from that, a good number of people that are at that level just keep going to work. You need a place to go every day, and a lot of people enjoy the thrill of the hunt. You should never do a job because you want to make your money and bounce, it never seems to work out well. There's always the next big trade sucking you back in. And eventually you wake up and you're 50 and you're doing the same shit and you've wasted your life.

 

I would devote all my time helping others. Especially the blind. I would make sure the blind and vulnerable children never lack. Seriously. Fuck you money means nothing if you don't give back. The legacy holds stronger!

 

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