Why ib is pathetic nowadays
The important point is that programmers don't pay taxes. Given a 220k takehome a programmer is making 90k more than an associate. Programming requires no real credentials or experience, an associate requires an MBA.
The programmer invests his 90k in California real estate with a 50% return. By the time the associate has moved to vp the programmer has a 150k lead in passive income. This puts him up to the equivalent of 560k pretax and a vp only makes like 500k.
In theory managing directors and so forth make more, but in reality that comp is getting cut and deferred like crazy and MD jobs are going to be outsourced to sweatshops in Bangladesh.
In conclusion ib is a path to poverty and fail.
>Mid August >Throwaway account >Brings up tech industry >Compares money >Tries to troll
Yep, someone did not get the return offer.
Probably just a bitter troll, but OP does have a point.
how does he have a point LOL A. California taxes are higher B. how does passive investing in real estate relate to anyones profession C. Programmer's salaries flatline and decline after they hit 40 because they become stale
He doesn't its just pointless rambling.
Troll
Few software engineers make 220k. The ones who do are exceptional and have far higher raw IQ than the vast majority of investment bankers.
He is a troll. A person has to be nuts to think that MDs can be outsourced.
Look at his previous posts, he is just trolling WSO
You're an idiot.
Ib tools are
Dude how sad and pathetic is your life.....
How negative can someone's WSO points get? Let's find out
The record for most negative bananas is the incomparable Tobinco
Beatae quis at optio iusto. Assumenda sapiente ratione qui et dolorum ex rerum.
Ut iusto voluptas pariatur dolor labore ex quia. Non ipsa soluta corporis ex velit eligendi. Quas molestias perferendis velit molestiae esse.
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...