Hello everyone hope you are all doing well!
I am a new user but a long time lurker of this site. I have seen people drop great deals of information helping people that need advice.
Today, I finally come to you all for some advice. This might be a little long winded but please bear with me and I apologize if I offend. Any advice, tips, or critiques would really be appreciated. If someone out there is willing to be a mentor to me, you would not understand how grateful I would be.
I'll start with a little about me. I live in California and always have, if that makes any difference.
I'm 26, and I'd like think I am an intelligent guy. Right out of high school I went to Cal Poly SLO for Electrical Engineering but I hated it and after the first year, I was not allowed to change majors unless I switched schools or reapplied so I transferred to a different, less prestigious state school. I received my undergrad degree in economics and am currently finishing my Master's degree in accounting and am set to graduate in December.
I love investing and I love finance. I used to do it for fun. As a kid at the age of 10 I even had a mutual fund that I picked on my own in order to save money to buy a car when I got to high school. Hardly anything exciting but as a teen it made me happy. I woke up an hour before the market opened when Visa IPO'd to get in on it. I've lost my behind on penny stocks when I was experimenting with those and didn't know any better. Sadly, life steered me away from a career in finance thus far.
I managed a jewelry store most of my college career and finally decided it was time to get started on my professional career so I started looking around and applying to accounting firms and about a month ago I started as a staff accountant in audit at a regional (Top 100) CPA firm.
I hate it.
The tasks are mundane, I am not adding value to anything or helping anyone, people aren't happy to see us, I don't know what I was thinking. I really feel like my talents and intelligence is being wasted. 3 weeks in and I am already being given tasks that the seniors are supposed to be doing. Seriously, a monkey could do this job and I don't see the work that the partners do as any more difficult than what the lower level is doing aside from the management part of the business.
I had big plans at first. Become partner, make a big salary, live a really good life, but I've also come to the realization that accountants get paid peanuts.
It is not a total loss though because what I'm thinking now is that I stay an auditor for the 4 more months it will take to graduate with my Masters and then I can hopefully transition into something that I love and actually get paid a good salary. The reason I say that is that the current work week is about 50-60 hours max and that will allow me time to study and complete my courses.
After that though, I am unsure what to do. I know I need to get started and implement a plan immediately.
I would love to get into Investment banking or hedge funds. I like a challenge and I am very competitive. I have always been above average and I am grateful for that, so I feel like I can do it. Investing was my first love. I even made an account with faux money and used to play with stocks in my free time. Sadly, I haven't been active in the market lately because of life's turns but I have the capability to learn anything that I want or need to.
What should I do here? How should I proceed? I really need a plan. The thing that drew me to accounting in the first place was job security so I like to balance my risks. I'm just really confused and I feel lost.
I know I would be happy in an investment banking, BB or hedge fund career. I'm great at researching, I pick up on things quickly, and strategy is one of my strong points as I like to be very calculated in my actions. A friend of mine says that these types of industries like "hard" degrees like accounting and economics but both accounting and econ were definitely not difficult so I am unsure about his advice.
I will gladly take advice, experience, anything that you guys and gals can offer!
(Again, mentors are very very welcome).