Keep it REAL: How Many Coli Heads make 6 Figs and Up?

[DaChampIsHere]

Gimme 10 years

Once I graduate, get some more experience, and do this consulting thing full-time for bigger clients...

They work for Apple, Coke, Google, Pepsi, P & G, American Express, etc. Mostly in a combination of headquarter marketing/sales positions. Calling on national or international accounts.

Plus that expense account and company car. It's like using a life cheat code.

Oh yeah. I personally know people who do sales for 4/6 companies you listed and they make BANK

 

[Broke Wave]

to be frank, i'm not very good at it myself. when i was doing very well here i was trading (more like structuring and originating) a very specialized derivative product. since the credit markets froze up in 2007 that specific product is not very liquid or active any more. that particular business was very flow based/relationship based so i was never much of a prop trader in the sense that most people attach to the job. i wasn't gambling as much as i was providing liquidity and yield enhancement. i don't even touch my own money, i trust my broker more than i trust myself.

are you looking to get into finance? you still in school?

I'm thinking about going from a top law school then transitioning into finance (private equity etc), but I'm still in undergrad . I have experience trading stocks profitably (and unprofitably) but I was really curious to learn about derivatives, currencies and commodities. Where can I learn about trading these more complex products? Are there specific requirements with regards to minimum capital etc?

 

[Jesus Shuttlesworth]

Some of yall suck at math. 30%? 1/3? Where the fukk are yall getting these numbers from?

 

[jaguar paw]

Out of sheer curiosity does anyone here have a pension?

Not talking Roths or 401ks. But an actual old school pension.

 

[OH SOHH TRILL]

 

[-G$-]

I'm thinking about going from a top law school then transitioning into finance (private equity etc), but I'm still in undergrad . I have experience trading stocks profitably (and unprofitably) but I was really curious to learn about derivatives, currencies and commodities. Where can I learn about trading these more complex products? Are there specific requirements with regards to minimum capital etc?

my area is more of an institutional-based product. meaning that the trades are suited for hedging larger positions of stocks/bonds and probably wouldn't suit a retail investor.

but there are plenty of derivative products for foreign exchange and commodities that retail investors use (futures obviously being one of them). if i was smart i'd be doing some more reading/research myself. i'm just stuck in a rut of complacency here. i've actually heard that the ".... for dummies" series for a few of the products like futures are actually decent reads and the rest is sort of trial and error.

the guys i work w here who trade their own p.a.'s all use those sites like td, scottrade, schwalb. i'm not sure what level of derivative trading those sites support there are advertisements on cnbc all day for sites like interactive brokers which are intended to provide extensive product options for retail investors (and likely more derivative options). i don't know much about capital requirements for those types of sites.

i'm actually trying to get out of this business. i missed the boat to get a seat on the right desk and at this point in my career i command too large of a base and too high of a title to really make a move into a new product. i'm competing against younger/hungrier kids fresh out of school and they come a lot cheaper than i do. once i move out of the city i can't see myself commuting every day to come here and post all day. i may have to suck it up and just start over in my family business. at least there i know i will be set on the right trajectory.

 

[Broke Wave]

my area is more of an institutional-based product. meaning that the trades are suited for hedging larger positions of stocks/bonds and probably wouldn't suit a retail investor.

but there are plenty of derivative products for foreign exchange and commodities that retail investors use (futures obviously being one of them). if i was smart i'd be doing some more reading/research myself. i'm just stuck in a rut of complacency here. i've actually heard that the ".... for dummies" series for a few of the products like futures are actually decent reads and the rest is sort of trial and error.

the guys i work w here who trade their own p.a.'s all use those sites like td, scottrade, schwalb. i'm not sure what level of derivative trading those sites support there are advertisements on cnbc all day for sites like interactive brokers which are intended to provide extensive product options for retail investors (and likely more derivative options). i don't know much about capital requirements for those types of sites.

i'm actually trying to get out of this business. i missed the boat to get a seat on the right desk and at this point in my career i command too large of a base and too high of a title to really make a move into a new product. i'm competing against younger/hungrier kids fresh out of school and they come a lot cheaper than i do. once i move out of the city i can't see myself commuting every day to come here and post all day. i may have to suck it up and just start over in my family business. at least there i know i will be set on the right trajectory.

Appreciate the knowledge breh. I've been looking into futures and all that but I'm not sure where to start. I'm gonna read a "for dummies" and a couple other books and get my paper on

 

[Ken Piffey Jr.]

Out of sheer curiosity does anyone here have a pension?

Not talking Roths or 401ks. But an actual old school pension.

I do

 

[itsyoung!!]

They work for Apple, Coke, Google, Pepsi, P & G, American Express, etc. Mostly in a combination of headquarter marketing/sales positions. Calling on national or international accounts.

Plus that expense account and company car. It's like using a life cheat code.



Imagine never having to pay for flights or hotels stays on your personal vacation time because you've racked up so many hotel points and airline miles.

My brother works in silicon valley and im born and raised in the bay, AND worked at Chase bank and handled sales reps from those companies direct deposits. No sales person at those jobs is making 150k BASE pay. Maybe a sales manager and maybe 1-2 exceptions but im tired of yall using really bad examples thinking its normal.

 

[rapbeats]

depends on where you live

6 figures is crap in some areas

6 figures aint crap in no areas. no matter where you live.

6 figs is 6 figs a good amt of money. now if you still owe 300k on student loans and your car note is 700 per. then you're right.

 

[Panther]

Hell naw

I need to graduate and get out of debt first

 

[Rarely-Wrong Liggins]

Some of yall suck at math. 30%? 1/3? Where the fukk are yall getting these numbers from?

What can I say, I suck at math. Three out of ten sounds about right I guess.

 

[smoove157]

 

[NY's #1 Draft Pick]

@Average Coli Poster

 

[mannyrs13]

I get six figures on every paycheck. If you count the decimal and cents category.