How Long....? - Losing 2 years of earnings?
Just wondering....
About how long would it take to amass a liquid net worth of 2 million (My magic number) if you followed a strict career path at a BB in IBD, and assume you were internally promoted to associate rather than getting an MBA and losing 2 years of earnings?
Assume NYC taxes as well :(
(Most people assume that working at Goldman is a get rich quick scheme that will put them out the door at 35 with a house in the hamptons and a private jet, but when you do the math about your earnings and assume you can get a nice 8.5% on your investments, your really going to be have to be working for the man for quite some time . )
Just curious to see how long people think it would take?
Damn dude might as well be a fund manager if you can get those returns.
High yield bonds?
Voluptas ut est cupiditate. Eos optio sint illum commodi. Harum consequatur labore fugiat perferendis quis sit quaerat. Nam dicta non incidunt repudiandae aut. Aut beatae nihil iusto saepe totam consequatur illo. Voluptas est ex qui qui.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...