Made $4M on Meme Coin, got IB return offer should I even bother?

bro im so jealous..

but i'd still consider doing IB for two years. i know itll suck, especually cause you have 2mill ish in the bank, but you should literally just backdoor all of that into a Roth IRA for the next twenty years, and invest in the market, and basically not touch it.

the amount of money you'll have in 10 years will be insane.

back to my point about IB tho - u just grind that out, and then get a super chill job at a f500. i've seen like senior strategy analyst at life360. live in the bay, and just big chill.

Man of course not, why would you want to be miserable? I’m assuming you’re not some hardo that loves doing deals and you don’t need thw money. Keep 200k in high yield savings account and invest the rest in diversified equities and enjoy life! Take time to see where you’d like to spend your time in but defo don’t go with a boring 9-5 either. You’ve already made it lol congrats

You could go into IB and coast. For one, it would open doors to things that currently may not be available. Also it may teach you some good skills for something you’d like to do on your own down the road. 
 

You might consider trying to find an S&T sales role or something similar, where you’re paid well, working market hours, and literally have no pressure. 
 

Definitely don’t just get a $100k job just to have a job. You’ll literally feel no point to it. Think about it, a 2% return on your assets would be more than a years post tax pay. 
 

Youre in a nice spot where you can pick up some meaningful skills and money without having to feel like your life depends on it. So use the money as a safety net or to enable you to do something entrepreneurial

Probably not…just get a normal (high-ish) paying job and target a ~7% return on the $4M and you’ll be retired pretty early. 

Put the 3.2M in an investment account and get to work. 

thoughts on meme coins vs meme stocks (like quantum eVTOL rockets crap) for degen gambling?

No, don’t do IB. Figure out what you really love to do and pursue that. You essentially have the capability to live however you want.

Just do the analyst stint for 2 years.

you never know the future so the analyst stint would a) get some discipline and skills in your makeup and b) give your resume a boost for whatever venture you may want to do in the future.

with that kind of money the IB stint is just your insurance policy and in grand scheme the 2 years isn’t gonna make or break.

The 2 year stint would open a lot of doors for you which wouldn’t come other ways

just being in IB has opened up several cool opportunities which I wouldn’t be anywhere near otherwise. Unfortunately I don’t have a $3mm nest egg sitting behind me nor do I have a high risk tolerance so I never really tried anything crazy or creative but you won’t have that problem.

if not IB, then consulting but the first two years I’d recommend do a job which has somewhat high stakes and a good training platform 

You may consider working at a wealth management fund or something. Somewhere chill where you will get paid to learn how to manage your money and have health insurance.

Dont think the salary would matter but you would get to learn how people manage their money so you don’t need up blowing it on something dumb. You’d basically make a little bit of cash and not have to tap into your reserves while you learn how to grow your wealth.

Alternatively that is literally F-You money so you can really go do whatever you want.

Either way would make sure to not tell anyone the amount of money you make for a long time, will only invite resentment and envy and gold diggers.

Do the analyst stint for 2yrs and then figure out what you are really passionate about / has a reasonable WLB. 

Dude, if you didn't love it from you summer analyst stint you ABSOLUTELY should not go back. The money buys you options, and most importantly, the option to take your time to think about what you truly want to do and what would make you happy. If I were in your shoes, I'd do as other posters have suggested - invest most of it (dollar cost average over time into the market - nothing crazy), live in a LCOL country or city, and look for remote jobs that are interesting to you and you find fulfilling (pay not relevant).

As some others have noted, go do some traveling. Maybe live abroad. I don't imagine you'll get much personally from a job paying 100k a year, keep in mind if this is in a HCOL area you won't keep much after rent/daily living expenses. Opinions on money differ, but you have a nice chunk that will continue to grow and will allow you to enjoy life. Don't fall for the trap that living in an expensive city working brutal hours is the way forward, it's overhyped. Also interests change over your life, nothing says what you do next has to be forever.

These comments are insane. First off, don't take advice from people who have been slaving away for a decade plus to not even have 50% of your liquid wealth. They will chalk it all up to "luck", but no. Being born wealthy or with an eventual windfall once their parents age (like btw many in this industry have but they won't admit) is "luck"

Betting on yourself with a degen bet and holding it with conviction all the way up is not luck and takes a very particular kind of person that this garbage industry doesn't attract. Again, most of the posters here won't understand so I'm not going to bother elaborating further on this point.

Second, go live your life and enjoy it. I regret doing IB and I don't have any sort of windfall or crazy investment. Misery loves company and these guys telling you to essentially give up two years of your 20s when you are already set because it will "open doors" (this is completely false btw outside of PE, Corp Dev and few other corp roles) is insane. 

Honestly, check your goals. IB is mainly about money, but it's also admittedly a way to get credentials. Some use these to access other finance jobs like PE (Banking 2.0) or HFs (still a lot of stress just different). 

But the reputation can open doors in potentially other areas like policy, international institutions, or more exotic private sector stuff. If you think you want to be an intellectually stimulating environment surrounded by smart people IB can be a good gateway (LONG TERM, the job itself is the absolute opposite of that ironically). 

It is also, I cannot EMPHASIZE this enough, not the only one. You have a return offer and a background that must be solid if you got an SA in the first place. If you place your focus on another area, like (I'm taking this as an example cause it's a pretty obviously completely different path) for example development policy, I'm sure you could get a great job. One that normally has as its biggest barrier the lower pay, which would be much less of a problem for you. Some of these things could allow you to travel, meet interesting people and stack some dad lore for later. 

Big jobs aren't just about money, in fact many high level jobs aren't the most lucrative. It's also about ambition to achieve stuff either for you or others, or being surrounded with bright people.

Personally I would take the job, buy a condo in the city you’re going to be working in with a big down payment. 100k in HYSA. Rest in index funds (half and half QQQ SPY)

If you buy a condo in a city like NYC it will inevitably go up over time, if Chicago, I would hesitate.

So let’s say you threw in 20k (low five figures). And made a 20,000% return. That would net you 4,000,000. What coin went up 20,000 percent?

First of all, congrats.

I’d recommend not doing IB, but working in a more “chill” job building a skillset. Find a discipline that you like and build skills. The money is irrelevant, so I’d advise against doing IB as it’s hazardous to physical and mental health (which you don’t need to tolerate.)

Find something where you’ll work ~40-50 hours per week building skills in something you’re interested in (wealth management, strategy, etc).

I wouldn’t recommend not working at all either - the world changes quickly and you’d want to have some sort of skill set and career trajectory should things go south.

This post is definitely the top lol

So you should definitely still work... work is part of what gives life meaning as other posters have said.  Plus the digital nomad life, while fun for a year or two, feels boring and empty after a while (no place to call home, no long term friends, no family nearby etc). 

That said, do you need to grind as an IBD analyst anymore?  That's up to you... I personally would do it for a couple years as I think it opens the door to more interesting opps afterwards (and I don't mean the buyside).  You'll learn a lot, push your limits, and expand your network... and be 24 yo when you're done (still super young).  If you do it, obv money is no longer the motivating factor, it's more about proving to yourself that you can cut it.  That's my take on your situation, but maybe I'm a just hardo :).

I would definitely do the 2-year stint, then go and spend a year travelling and decide what you want to do with your life. 

Put it away and continue with your life. If you were doing IB for the money, you have more money than you would make in 5+ years. You have financial freedom but find something else to do with your time. Maybe take the Mark Cuban approach, go have fun for a couple years and then start a company.

The one important thing here is to not think that you're "set". There are still lots of people to meet in the world, connections to make, interests to fulfill. Just don't get comfortable with this.

Why would you not at least do two years? 

In my opinion: This industry can teach you not only how to manage money, but also how to grow it. You have the opportunity to be surrounded by people who have lots of money and make very educated decisions with it, oftentimes privately. Getting a brokers license and going through the motions, learning how different transactions work in different asset classes could greatly affect your (and your family's) wealth down the road.

Look dude, yes you're covered and have the urge to hang it up and travel as much as you can in your early 20s, I get it and I don't blame you. Hear me out... getting your licenses and working on actual transactions will open doors for privately investing down the road. I'm sure you're smart and can probably have a great life without the work experience, but I think you'd be leaving some meat on this bone. Why not invest the proceeds and operate as usual? You dont need be top bucket..

The experience (I said at least two years) itself will for sure benefit you down the road due to what you'll learn and the people you'll meet. Idk.. maybe you're a billionaires kid and can now pay your own rent and if so, news flash, 2mm doesn't go as far as you may think. Either way, I believe for you it becomes about what you want your lifestyle to be the rest of your life, and I think doing at least 2 years gives you far more freedom in that choice. 
 

As much as I agree with the broader sentiment that we should stop worshipping slaving 80-100 hour weeks in IB, I think it's pretty moronic to write it off completely. Much like tech PM or any other job, there are specific processes that you learn about in IB that can be very useful: fundamentally analyzing businesses, understanding the basics of M&A and capital-raising processes, oh and learning how to manage high-stress situations. 

Because you're not tied to this job for the money anymore, you can really be a B Analyst, absorb what you can without gunning for staffings, get that small amount of credibility, and just observe. One thing that's been consistently brought up these days is that a lot of new grads seemingly don't give a shit about anything, which is fine but over time that's gonna bite people in the ass when they don't at least try to learn 1 useful thing from their job. You can quit at any time, so you'd might as well take on the experience until you think of something better to do. This talk about "do something interesting to you" is much easier said than done when you haven't found anything of the sort yet.

First off, how much do you actually have net after tax?

You had a great trade, be careful not to be tempted to bet it all again (if I just 5x it I'll have $15mm). Don't blow it away!

$2-3mm cash is unfortunately not enough to retire from at your age, so would still work but not anything that will ruin your quality of life.

Would suggest investing into some low cost index funds, maybe 10-15% bitcoin, and 10-15% HYSA.

In 5-10 years you could have $5-6mm at which point you will be very comfortable.

My personal advice would be half into index, half into flipping houses. It isn’t hard but it’s a fun business.

Lot of engagement on this post for an obvious troll lmao

I would invest all of it and think long and hard about what you really want to do or would be interested in doing career wise. Then go get a job in that field and retire extremely early pretending you don't have that money. 

Do IB for 2 years and then get a cushy corp dev gig. YOU ARE YOUNG, work for 2 years coz why the heck not? you already worked so hard for getting for SA and then a return offer - wanna just throw it all away? 2 mil isn't gonna last, you are soon gonna want a nice car and to eat out. It wouldn't be fair to yourself to live off just ~2mil for the rest of your life?

Invest it all into another meme coin

Watch this classic scene from 'The Gambler'. IYKYK: 

1. Find a tax advisor who will guide you on how to properly pay what you owe.

2. Put the rest in short-term t-bills while you make some decisions. Maybe take a trip (for the love of God avoid Vegas).

3. Start the IB job. You earned it. Hate it? Cool, leave the industry and get a FT job at a Costco or Lowe's/Home Depot in a decent area. Maybe even learn a trade, but take care of your health and avoid working on ladders if you can help it.

4. Find a hobby and go all in.

5. Park the rest of the money in VOO and/or QQQ, and never check it.

6. No day trading or sports betting.

7. Enjoy life, brother. Wishing you health and happiness. Raising the proverbial glass to you.

Naw bruh $4M very much is retire forever money haha

Like others have said you aren’t quite at the retire forever stage unless you actually want ramen forever. Also moving to some 3rd world country would be shit in my opinion.

I would still go work and see how you like it. Remeber all normal people your age will be working so retiring now could be very isolating. Work, date, build a nest egg, find a wife who actually like you for you, then retire in 10 years with the rest of your life to chill.

You also want to set a good example for your kids, and you will be bored as shit if you retire at 35, so IB experience can help you do things like serve on Boards and such to at least have something fulfilling to do.

If you actually fill your time up with nothing, you will probably gamble again and start losing money. Dont be that guy.

Don't do banking.

Take a gap year, or two or four.  Enjoy it!  But invest conservatively & live off of the returns for now (assuming ~$100-$125k).

When you're 24/26/28, get a regular job.  Then live off your w-2 income, let your nest egg compound.  It will double twice in 15-20 years, then you can retire at 40-50 w/ $10-15mm and $400-$600k / year.  This coincides with when you'll probably want to get serious with a girl & have kids anyway.

If your regular job is unsatisfying, you feel more ambitious, or your financial goals are bigger, then do your MBA in your late 20s and try to enter banking later as an associate.

Going to go against the grain here… first, congratulations!!! That’s huge at your age. First, invest, invest, invest. Maybe find a solid wealth management group to take care of that after tax money; nothing too risky, conservative growth. Maybe real estate? Second, and here’s where I’m going against the grain: do IB. Yeah, it’ll be a grind; and it’s going to suck sometimes, but you will make more money to add to what you’ve got already, particularly if you’re top bucket, and you can recruit PE (especially if you land a mega fund), MBA, etc. You’ll expand your network along the way, which is extremely valuable, and again, you’ll keep adding to your principle. More money never hurt anybody. Probably sounds counterintuitive, and maybe it is; I grew up in a less than stable environment at home (financially and personally), so for me, going to the best schools, always having my career to fall back on was (and is) a safety net of sorts, but then again, I’m also lucky to enjoy what I do, and just being busy in general. Just my two cents. Congratulations!!!