Where do you park your sign-on bonus?
I received a nice chunk a couple of weeks back that I'd like to set aside completely.
Any recommendations?
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Wise choice: invest but realistically unless you're going to get 3x on that, it won't really make a real difference. Maybe park it in some yield stocks but given the ways rates moving - not amazing
What everyone else does: buy a watch - everyone in my analyst class ended up buying the same 2 watches - was kind aretarded b/c everyone showed up at training with the same watch. I still wear it after 6+ years though ... was a good investment
I would just spend it on something you enjoy b/c your life is about to get real fucking miserable so go travel or something
Which 2 or 3 watches did they purchase?
random guess submariner and seamaster?
Work clothes, 1st month rent / sec deposit on an apartment, furniture and accessories for said apartment and the bar are all valid places to park your cash
GDX
assuming new york? save it for rent / deposit
Wardrobe and security deposit for rent.
no one buys seamaster - so middle market (j/k!)
Yes - everyone bought a rolex - mostly submariners / seadwellers and a few got yachtmasters (went above) and a few got datejust
wardrobe and rent should be taken care of by your internship salary already unless you didn't buy suits
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