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Wall Street Oasis » Forums » Monkeying Around
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What is "good money"?
 

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monty09's picture
monty09
      EN
 
 
(Senior Neanderthal, 5,398
 
Points)
 on 5/10/11 at 10:32am
money_sign.jpg

I always hear this word tossed around but what the hell does it mean? Is it 70k? 100k? 150k? it always seems to come from non finance folks....

how do you handle it when someone asks if you make good money? I tend to say I do okay...

WSO Conf - June 29, 2013
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Tags:
  • Monkeying Around
accountingbyday's picture

I always say something along

accountingbyday
      CF
 
 
(Senior Gorilla, 809
 
Points)
 on 5/10/11 at 10:39am

I always say something along the lines of "I'm doing fine". Or when they ask about my wife and I or our new house I just say "we're doing ok for ourselves".

I tend to think most non-finance people think of $100k as doing well. Not rich, but well off.

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Wvwf2010's picture

I would say anything above

Wvwf2010
      O
 
(Baboon, 135
 
Points)
 on 5/10/11 at 10:44am

I would say anything above 300 is good money in Charlotte, NC.

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couchy's picture

umm really 70k is all we need

couchy
     
 
(King Kong, 1,359
 
Points)
 on 5/10/11 at 10:45am

umm really 70k is all we need to live happily. Banking sucks for just 140k, sigh.

i'll get those exits opps. one day.

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monty09's picture

I have a 10 year reunion

monty09
      EN
 
 
(Senior Neanderthal, 5,398
 
Points)
 on 5/10/11 at 10:50am

I have a 10 year reunion coming up and been talking to some old friends.. one girl was like how her bf was making "good money".. I said 60k? she correctly quick with a 75k... i said damm.... thats great.... I was laughing inside but who cares... in houston..... 75k is "good money"

WSO Conf - June 29, 2013

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heister's picture

It totally depends on where

heister
      HF
 
 
(Neanderthal, 2,465
 
Points)
 on 5/10/11 at 10:52am

It totally depends on where you live. In NYC its close to 300 to 350K to be able to comfortably own your own place and beable save a good amount for the future yet still have enough to enjoy your life. Now if you lived in the rust belt you could get away with making 75K and be in the same position.

Follow the shit your fellow monkeys say @shitWSOsays

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UFOinsider's picture

heister wrote: It totally

UFOinsider
      O
 
(Human, 10,300
 
Points)
 on 5/10/11 at 10:57am
heister:

It totally depends on where you live. In NYC its close to 300 to 350K to be able to comfortably own your own place and beable save a good amount for the future yet still have enough to enjoy your life. Now if you lived in the rust belt you could get away with making 75K and be in the same position.

Some days I wonder what the hell I'm doing here. Someone I know in S Carolina just bought a five bedroom house for $98,000. That, and they have time to do stuff other than work.

YOU JUST GOT TROLLED
http://www.troll.me/images/red-foreman322/dont-you...

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starwin's picture

Yeah, it really depends on

starwin
     
 
(Senior Baboon, 198
 
Points)
 on 5/10/11 at 11:17am

Yeah, it really depends on where you live. Cost of living between NYC and anywhere else in the U.S. is drastic. In NYC, you need at least 250k to do fine, while in Atlanta you could easily live off 75k. No point in working 100 hours if you are going to live till you're 65, just wait for exit ops.

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Angelus99's picture

sorry to hijack this thread

Angelus99
      AM
 
 
(Orangutan, 345
 
Points)
 on 5/10/11 at 11:42am

sorry to hijack this thread but what are exit ops?

Beast

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heister's picture

Angelus99 wrote: sorry to

heister
      HF
 
 
(Neanderthal, 2,465
 
Points)
 on 5/10/11 at 11:50am
Angelus99:

sorry to hijack this thread but what are exit ops?

Prepare for shit.

Follow the shit your fellow monkeys say @shitWSOsays

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IlliniProgrammer's picture

Good money depends on the eye

IlliniProgrammer
      ST
 
 
(Almost Human, 9,178
 
Points)
 on 5/10/11 at 12:09pm

Good money depends on the eye of the beholder. I think $17.50/hour is good money and Yellowtail Shiraz is perfectly fine wine. Other people aren't sure a Porsche is a good car or a $30 bottle is good enough.

Genuine wealth gets built by saving lots of money. And you can save lots of money, whatever the circumstances, if you learn to be content with what you have.

Work hard, play hard.

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BankMonkey21's picture

I believe that good money is

BankMonkey21
      IB
 
(Orangutan, 327
 
Points)
 on 5/10/11 at 12:32pm

I believe that good money is relative. As previously stated, We finance buffs are never satisfied in the early stages until we get a couple 100hr per week years under our belts then we start thinking about whats important, be it more money, lifestyle,exit ops or what have you. Where you live and what your desired realistic lifestyle is, determines, good money for you. In finance, 200-300k is good money not factoring location and age. In other careers to me 80k is good money. I hope to reach around 250-300k with a decent lifetyle in my early 30's a couple exotic cars and a half a mill property, and increasing portfolio.

I Got a dollar and a dream...

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shorttheworld's picture

yellowtail's shiraz is ok for

shorttheworld
      EN
 
 
(Senior Neanderthal, 4,310
 
Points)
 on 5/10/11 at 12:33pm

yellowtail's shiraz is ok for the price but much better QPR wines if you splurge a tiny bit more :P but i echo illini's sentiments, im all down for saving and banking up north but when it may come time to switch things up im definitely taking my dragon's hoard and going to a land of inexpensive-ality

I need a crib, a big estate, I need a boat and that need a lake, I need some salmon that need a plate, that need a chef so I feed my safe

From trading equities to slanging wine in Latin America

A ship is safe in harbor, but that is not what a ship i

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txjustin's picture

Good money in Texas is $50K+

txjustin
      O
 
(Neanderthal, 2,447
 
Points)
 on 5/10/11 at 12:48pm

Good money in Texas is
$50K+

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IlliniProgrammer's picture

But everything is bigger in

IlliniProgrammer
      ST
 
 
(Almost Human, 9,178
 
Points)
 on 5/10/11 at 12:55pm

But everything is bigger in Texas!

Work hard, play hard.

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cplpayne's picture

BankMonkey21 wrote: I believe

cplpayne
      IB
 
(Gorilla, 518
 
Points)
 on 5/10/11 at 1:00pm
BankMonkey21:

I believe that good money is relative. As previously stated, We finance buffs are never satisfied in the early stages until we get a couple 100hr per week years under our belts then we start thinking about whats important, be it more money, lifestyle,exit ops or what have you. Where you live and what your desired realistic lifestyle is, determines, good money for you. In finance, 200-300k is good money not factoring location and age. In other careers to me 80k is good money. I hope to reach around 250-300k with a decent lifetyle in my early 30's a couple exotic cars and a half a mill property, and increasing portfolio.

For some reason the half a mil property doesn't seem to fit with the 250-300k and exotic cars.

"One should recognize reality even when one doesn't like it, indeed, especially when one doesn't like it." - Charlie Munger

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IlliniProgrammer's picture

My main goal is to live off

IlliniProgrammer
      ST
 
 
(Almost Human, 9,178
 
Points)
 on 5/10/11 at 1:17pm
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Work hard, play hard.

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I_Bankster's picture

Good money in Texas is

I_Bankster
     
 
(Senior Monkey, 76
 
Points)
 on 5/10/11 at 1:28pm
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UFOinsider's picture

IlliniProgrammer wrote: My

UFOinsider
      O
 
(Human, 10,300
 
Points)
 on 5/10/11 at 1:55pm

YOU JUST GOT TROLLED
http://www.troll.me/images/red-foreman322/dont-you...

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heister's picture

UFOinsider

heister
      HF
 
 
(Neanderthal, 2,465
 
Points)
 on 5/10/11 at 1:59pm

Follow the shit your fellow monkeys say @shitWSOsays

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cphbravo96's picture

IlliniProgrammer wrote: My

cphbravo96
      PE
 
 
(Senior Neanderthal, 4,991
 
Points)
 on 5/10/11 at 2:06pm

"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so."
- Ronald Reagan

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IlliniProgrammer's picture

"Please pray for Japan" was a

IlliniProgrammer
      ST
 
 
(Almost Human, 9,178
 
Points)
 on 5/10/11 at 2:08pm

Work hard, play hard.

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BankMonkey21's picture

cplpayne wrote: BankMonkey21

BankMonkey21
      IB
 
(Orangutan, 327
 
Points)
 on 5/10/11 at 2:12pm

I Got a dollar and a dream...

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euroazn's picture

The median household income

euroazn
      HF
 
(Senior Orangutan, 480
 
Points)
 on 5/10/11 at 2:23pm
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dwight schrute's picture

Angelus99 wrote: sorry to

dwight schrute
     
 
(Gorilla, 673
 
Points)
 on 5/11/11 at 4:30am

Making money is art and working is art and good business is the best art - Andy Warhol

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txjustin's picture

I_Bankster wrote: Good money

txjustin
      O
 
(Neanderthal, 2,447
 
Points)
 on 5/11/11 at 8:01am
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MarkyMarkWahlbergWasAwesome's picture

BankMonkey21 wrote: cplpayne

MarkyMarkWahlbe...
      ST
 
(Orangutan, 289
 
Points)
 on 5/15/11 at 6:23pm

------------------------------------------------------------------
"I just want to be a monkey of average intelligence who wears a suit. I'll go to business school!"

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YourWorstEnemy's picture

^^^^^^^^^^^ GUY ABOVE ME =

YourWorstEnemy
      HF
 
(Orangutan, 293
 
Points)
 on 5/15/11 at 7:06pm
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TNA's picture

There are plenty of people

TNA
      O
 
 
(Human, 13,467
 
Points)
 on 5/15/11 at 8:40pm

MSF Website
MACC Website
MSF Twitter

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Argonaut's picture

I usually say: considering

Argonaut
     
 
(King Kong, 1,762
 
Points)
 on 5/15/11 at 9:50pm

More is good, all is better

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IlliniProgrammer's picture

Thanks, Argonaut. Thanks.

IlliniProgrammer
      ST
 
 
(Almost Human, 9,178
 
Points)
 on 5/15/11 at 10:52pm

Work hard, play hard.

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BankMonkey21's picture

MarkyMarkWahlbergWasAwesome

BankMonkey21
      IB
 
(Orangutan, 327
 
Points)
 on 5/16/11 at 1:30am

I Got a dollar and a dream...

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Independent Gestion's picture

In my mom's country they have

Independent Gestion
      EN
 
(Gorilla, 653
 
Points)
 on 5/16/11 at 1:46am

‎"Until and unless you discover that money is the root of all good, you ask for your own destruction. When money ceases to become the means by which men deal with one another, then men become the tools of other men. Blood, whips and guns or dollars."

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Argonaut's picture

Illini, I'm just saying. I

Argonaut
     
 
(King Kong, 1,762
 
Points)
 on 5/16/11 at 4:08am

More is good, all is better

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bfin's picture

Independent Gestion wrote: In

bfin
      CF
 
(Neanderthal, 2,770
 
Points)
 on 5/16/11 at 8:47am

The answer to your question is 1) network 2) get involved 3) beef up your resume 4) repeat -happypantsmcgee

WSO is not your personal search function.

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IlliniProgrammer's picture

How do you have three cars

IlliniProgrammer
      ST
 
 
(Almost Human, 9,178
 
Points)
 on 5/16/11 at 9:10am

Work hard, play hard.

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UFOinsider's picture

blackfinancier

UFOinsider
      O
 
(Human, 10,300
 
Points)
 on 5/16/11 at 9:35am

YOU JUST GOT TROLLED
http://www.troll.me/images/red-foreman322/dont-you...

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BankMonkey21's picture

IlliniProgrammer wrote: How

BankMonkey21
      IB
 
(Orangutan, 327
 
Points)
 on 5/16/11 at 10:40am

I Got a dollar and a dream...

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BankMonkey21's picture

How do you have three cars

BankMonkey21
      IB
 
(Orangutan, 327
 
Points)
 on 5/16/11 at 10:47am

I Got a dollar and a dream...

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IlliniProgrammer's picture

Grrr, I got suckered again by

IlliniProgrammer
      ST
 
 
(Almost Human, 9,178
 
Points)
 on 5/16/11 at 10:52am

Work hard, play hard.

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heister's picture

Debt is good and bad, the way

heister
      HF
 
 
(Neanderthal, 2,465
 
Points)
 on 5/16/11 at 5:59pm

Follow the shit your fellow monkeys say @shitWSOsays

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Barboone's picture

0.01% of the deals is good

Barboone
      IB
 
 
(Senior Gorilla, 828
 
Points)
 on 5/17/11 at 12:41am

"Climbing a mountain that's only getting steeper"
-Barboon

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euroazn's picture

barboon wrote: 0.01% of the

euroazn
      HF
 
(Senior Orangutan, 480
 
Points)
 on 5/17/11 at 3:21pm
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ModelsAndBottles666's picture

I feel like unless you are in

ModelsAndBottles666
     
 
(Chimp, 7
 
Points)
 on 5/18/11 at 2:14pm
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zoov's picture

Where I live the 70-90k range

zoov
     
 
(Senior Baboon, 218
 
Points)
 on 5/18/11 at 3:01pm
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MarkyMarkWahlbergWasAwesome's picture

BankMonkey21

MarkyMarkWahlbe...
      ST
 
(Orangutan, 289
 
Points)
 on 5/30/11 at 9:17pm

------------------------------------------------------------------
"I just want to be a monkey of average intelligence who wears a suit. I'll go to business school!"

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OMS's picture

Good money is $250K/year

OMS
      PE
 
 
(King Kong, 1,886
 
Points)
 on 5/30/11 at 9:57pm
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monty09's picture

oldmansacks wrote: Good money

monty09
      EN
 
 
(Senior Neanderthal, 5,398
 
Points)
 on 5/30/11 at 10:07pm

WSO Conf - June 29, 2013

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IlliniProgrammer's picture

LOL, it has gotten to the

IlliniProgrammer
      ST
 
 
(Almost Human, 9,178
 
Points)
 on 5/30/11 at 11:03pm

Work hard, play hard.

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monty09's picture

haha

monty09
      EN
 
 
(Senior Neanderthal, 5,398
 
Points)
 on 5/30/11 at 11:05pm

WSO Conf - June 29, 2013

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baddebt88's picture

WSO: Innovating how the

baddebt88
      ST
 
(Orangutan, 314
 
Points)
 on 5/31/11 at 4:09am
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You acknowledge and agree that you are solely responsible for the content and accuracy of any resume or material contained therein placed by you on the Web Site and you agree to let any users that are identified as recruiters (designated in the sole discretion of the Company) to have access to your resume.

The Company is not to be considered to be an employer with respect to your use of the Web Site and the Company shall not be responsible for any employment decisions, for whatever reason made, made by any entity posting jobs on the Web Site.

THE COMPANY DOES NOT WARRANT THAT THE WEB SITE WILL OPERATE ERROR-FREE OR THAT THE WEB SITE AND ITS SERVER ARE FREE OF COMPUTER VIRUSES OR OTHER HARMFUL MECHANISMS. IF YOUR USE OF THE WEB SITE OR THE MATERIAL RESULTS IN THE NEED FOR SERVICING OR REPLACING EQUIPMENT OR DATA, THE COMPANY IS NOT RESPONSIBLE FOR THOSE COSTS.

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Disclaimer of Consequential Damages.

IN NO EVENT SHALL THE COMPANY, ITS SUPPLIERS, OR ANY THIRD PARTIES MENTIONED ON THE WEB SITE BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, INCIDENTAL AND CONSEQUENTIAL DAMAGES, LOST PROFITS, OR DAMAGES RESULTING FROM LOST DATA OR BUSINESS INTERRUPTION) RESULTING FROM THE USE OR INABILITY TO USE THE WEB SITE AND THE MATERIAL, WHETHER BASED ON WARRANTY, CONTRACT, TORT, OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT THE COMPANY IS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Links to Other Sites.

The Web Site may contain links to third party web sites. These links are provided solely as a convenience to you and not as an endorsement by the Company of the contents on such third-party Web sites. The Company is not responsible for the content of linked third-party sites and does not make any representations regarding the content or accuracy of materials on such third party Web sites. If you decide to access linked third party Web sites, you do so at your own risk.

No Resale or Unauthorized Commercial Use.

You agree not to resell or assign your rights or obligations under these Term of Use. You also agree not to make any unauthorized commercial use of the Web Site.

Limitation of Liability.

The aggregate liability for the Company to you for all claims arising from the use of the Materials is limited to $1.

Termination.

The Company reserves the right, at its sole discretion, to pursue all of its legal remedies, including but not limited to immediate termination of your registration with or ability to access the Web Site and/or any other service provided to you by the Company, upon any breach by you of these Terms and Conditions or if the Company is unable to verify or authenticate any information you submit to the Web Site registration with or ability to access the Web Site.

Indemnity.

You agree to defend, indemnify, and hold harmless the Company, its officers, directors, employees and agents, from and against any claims, actions or demands, including without limitation reasonable legal and accounting fees, alleging or resulting from your use of the Material or your breach of the terms of these Terms and Conditions. The Company shall provide notice to you promptly of any such claim, suit, or proceeding and shall assist you, at your expense, in defending any such claim, suit or proceeding.

General.

The Company makes no claims that the Materials may be lawfully viewed or downloaded outside of the United States. Access to the Materials may not be legal by certain persons or in certain countries. If you access the Web Site from outside of the United States, you do so at your own risk and are responsible for compliance with the laws of your jurisdiction. These Terms and conditions are governed by the internal substantive laws of the State of New York, without respect to its conflict of laws principles. Jurisdiction for any claims arising under this agreement shall lie exclusively with the state or federal courts within New York, New York. If any provision of these Terms and Conditions are found to be invalid by any court having competent jurisdiction, the invalidity of such provision shall not affect the validity of the remaining provisions of these Terms and Conditions, which shall remain in full force and effect. No waiver of any term of these Terms and Conditions shall be deemed a further or continuing waiver of such term or any other term. Except as expressly provided in additional terms of use for areas of the Web Site a particular "Legal Notice," or Software License or Material on particular Web pages, these Terms and Conditions constitute the entire agreement between you and the Company with respect to the use of Web Site. No changes to these Terms and Conditions shall be made except by a revised posting on this page.

PRIVACY POLICY

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Our staff, contractors, Internet service providers and others involved in this site follow this policy or similarly strict policies regarding your Information.

Disclosure

The Company is committed to fully disclosing our policies regarding the collection, use, maintenance, disclosure and security of personal information obtained from users of our site. The term "personal information" includes a name, address, email address, or any other information which could be used to contact you directly or to identify you personally.

Use and Disclosure Limitations

The Company only uses personal information about its Web site users for specific purposes. We do not share user information with third parties except when we have told users about the disclosures, when we have prior consent, or when required by law.

Use Policy: When the Company gathers personal information from users, we ask for permission first. We also disclose, at the time of collection, how the information will be used by us. Personal information is used for activities such as auto-completion of commonly-used forms and helping us contact you when you solicit information from us.

Disclosure Policy: We do not normally disclose personal information to anyone outside of the Company unless we have previously informed users about the disclosures. However, some data may be used from time to time by outside contractors, including auditors or consultants, to assist us in carrying out necessary financial or operational activities. These uses will be consistent with this privacy policy and all contractors using this potential personal information must agree to safeguard it, to use it only for the authorized purpose, and to return it or destroy it upon completion of the activity.

The Company might be required to disclose personal information in response to a valid legal process such as a subpoena, search warrant or court order.

Although unlikely, it is possible that we may have to make certain disclosures to ensure the security of our Web site, to protect its integrity, or to take precautions against potential liability. In any of these situations, we will take any reasonable steps to limit the scope of the data disclosed.

Web Logs: The Company maintains standard Web logs that record basic information about visitors to our Web site. These logs contain: * The Internet domain from which you came to our Web site. * Your IP address. An IP address is a series of numbers which uniquely identifies your connection to the Internet. Although it is possible in some instances, certain types of IP addresses may be used by interested persons to identify users but we do not attempt to identify users in this way. * The type of browser (e.g., Internet Explorer or Netscape) and operating system (e.g., Windows 98) you use. * The date and time you visited the site, and the pages you saw.

We use Web log information to design our Web site, identify popular features, and in similar ways. We do not try to identify individuals from Web logs or to link Web logs to other user information. However, if someone tries to damage our Web site or use it in an unauthorized or illegal way, we may share Web log information with law enforcement agencies. The Company may provide aggregate information such as the number of users who visit particular pages of the site, or the number of people who link to certain external sites from our site, to other parties.

Changes to Privacy Policy

The Company's features and services will change over time and our information-gathering practices and policies may also change.

While our philosophy of protecting user information from inappropriate uses and disclosures will not change, this policy will be updated occasionally to include any change that materially affects the collection, maintenance, use, or disclosure of personal information.

Forum Topics

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  • Hey guys, Just curious if anyone has an idea what the going rate for an intern in portfolio management at a ~10bn AUM firm would pay. The FoF I am working in is roughly 2-3bn in AUM. Looked around but I couldn't find anything recent or relevant to this specific strategy. Was curious to...
    FoF Pay?
  • I'm in kind of a weird position with credits at my school. Because of AP credits, summer classes, etc, I can theoretically graduate in 3 years with this coming year being a senior year. However, I wasn't able to get a SA position anywhere this summer so though my resume is...
    FT without SA position?
  • Hi guys, I am going to write a paper this summer about the Real Estate Private Equity Deal Structures and Trends and I was wondering whether you could come up with some interesting ideas on the research question/hypotheses to be tested. I am currently interning PERE and already have some network...
    REAL ESTATE PRIVATE EQUITY MASTER THESIS
  • IlliniProgrammer and MilitarytoFinance's comment about SCUBA diving on another thread made me wonder if there are any other certified divers on the site. What are your favorite dive locations? What dive certifications do you have? What is your dream vacation...
    Any SCUBA Divers on WSO?
  • Hello monkeys, Created this account to get a feel for things in the world of Wall St. and get a head start (within reason, of course). Been lurking on this site for a while now, and looking forward to enjoying the golden bits of WSO trolling/troll-busting :) But for now, just enjoying one of...
    Greenhorn intro
  • I currently work as a financial analyst at a major F500 company in Boston, MA, but I want to make the switch out of Corp Fin and into Investments. I am thinkg about research/investment analyst jobs. I currently have 2 years of financial analyst experience and I'm wondering what jobs I should...
    Corp. Fin Analyst seeking job in Investments - NEED ADVICE
  • I will be networking this summer to get ready for FT recruiting this Fall. I don't have a lot of alumni to network with that work in the groups I am most interested in-IB, Capital Markets, ER. I do, however, have some people I could reach out to that are in different departments. My...
    Informational Interviews With Other Groups Question
  • I've been thinking about the mobile app market and have begun to think of it as a bubble of sorts. This is given the case of Umano, an app that produces no original content, has no community and pays voice actors to record news articles. It has 40,000-60,000 daily users (I've created...
    Mobile Apps a bubble?
  • Hey all, I'm a rising junior (junior starting Fall 2013), and I'm interested in finding an IB internship at a BB bank next summer. I'd really appreciate criticism on my resume! Be harsh, I'd like to make it as competitive as possible. Pointers on content, formatting,...
    Resume: Looking for IB Internships
  • You see all these posts about people's internships where they are just doing bitch work, etc . . If you have had interns, what qualities made them the best intern? What qualities did you see in them that made you give them more work? What experiences did they have that allowed you to give...
    What was the best intern you ever had like?
  • Wall Street Oasis is looking for several hard working individuals to join our intern team to help with online-marketing tasks, specifically Search Engine Optimization (SEO) and link-building... ...
    Wall Street Oasis SEO Interns Needed NOW
  • I made a similar thread in the PE forum, but considering Real Estate is its own niche I figured I'd make a separate one here. If you already attended an target/ivy for undergrad, how necessary is an MBA for REPE? Do most shops expect you to get an MBA after 2 years as an associate, or do...
    MBA for REPE?
  • There have been several threads covering the value of an MBA in general in the past few months. Looking at input from experienced users on this site, it seems like the degree is most beneficial for people looking to either switch industries (Banking/Consulting), take a break, or re-brand themselves...
    MBA for PE?
  • Hey guys! Im 21, starting my last year of a non-target school in September, majoring in Economics:Finance( GPA not so good.. no really its pretty "f ing" bad, Im serious). By the time I turned 21 I got my series 7 (first shot) and 63. ( worked as a broker for your typical boutique...
    Hello, future wall street legend, (hopefully anyways)
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Highest Ranked Content

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I used to work with a guy that had everything on the surface, but absolutely nothing inside. The guy was 6 feet tall, good-looking, charismatic, multi-lingual, graduated from a top business school, and had made MD at a bulge bracket investment bank. Yet he couldn’t remember the last time he...
How to Develop a Personality
<em>Mod note (Andy): we vetted this user to confirm his identity/status and yes in fact he is who he says he is, and is eager to answer your questions :)</em> Bio: I decided to join WSO to help both students and young professionals advance in their Finance careers, whether that be...
I'm an MD and I run the Sales division: Ask Me Anything
I'm currently a Private Equity Analyst in Shanghai, China. Academically, I graduated from a target school majoring in Economics and Chinese. I also spent my time at college as the president of an on-campus student organization related to Finance and Economics and a volunteer for a local...
Ask me anything… I'm a Private Equity Analyst in Shanghai
You've just gotten that promotion and now you're in charge of a small team. Congratulations! And welcome to middle management. All the hard work and the knowledge you've developed about everything your firm does these past few years has been noticed. But, now you have a small...
7 Things I've Learned About Being A Manager
Assuming that you have access to no financial products such as FactSet, Bloomberg, CapitalIQ, Thomson or otherwise, thought it would be helpful to give a step by step guide on how to ramp up on a new company from your home computer. Using FaceBook as an example. Lets go ahead and start with the...
Basic Guide Ramping Up On A Company With Public Information (Part 1 of 3)
Fellow Primates, We are looking for 1-2 students on each campus to help WSO in its sales efforts to student clubs/career centers, and overall promotion at your school both online and on the ground. Below is a description of the position and benefits...thanks in advance for your help! <a...
WSO is Looking for Campus Reps For Summer/Fall 2013 (and beyond)
<em>“You know, In The Flesh,”</em> a WSO monkey told me at a recent Happy Hour, <em>“that gentleman’s book is the real deal. I ordered that shit on Amazon as soon as I read your review. It’s so right, man. I want to be like that: keep my word, honor my commitments, be...
Being A Gentleman, Revisited
<em>Mod Note: This is a syndication from Jared's Daily Dirtnap daily market newsletter. WSO readers qualify for a $100 discount...just email [email protected] and mention "WSO Monkey Discount" You can follow Jared on twitter at @dailydirtnap</em> There I go...
In Praise Of High Interest Rates
You guys are gonna have to get me caught up because I have literally been living in a cave for the past week. Well, several caves, but I'll get to that in a minute. I just got back from what was possibly the <em>least</em> relaxing (but most interesting) vacation of my life. In...
I Spent the Past Week in a Cave
That included Brady having a breakdown because he still couldnt get into Harvard. And then me getting my certified user status revoked and being really upset about it. Signs my life is pathetic? I think so.
Had a dream about WSO
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