Youre fresh out of school with a good degree, internship exp, extracurriculars and a 3.7+ GPA

[Ohene]

Whats crazy is when you have folks from school that look up to you getting on or trying to big you up while you pale in the dust.

Like, "damn, what does this asian/white dude have over me? I used to tutor him in Intro to Finance. "
Like, "damn, my contemporaries see it in me...why cant the employers. "

 

[newworldafro]

Somebody's gotta eat fam. If it aint me, hopefully its you

Nah.....we all gotta eat........to live.....

 

[↓R↑LYB]

I've been pursuing the CPA but you need three years of work experience and $. If you get into a registred training office in Ontario the firms pay and provide the exp. Thats what I'm trying to do for the most part or at least get a job where I make enough $50+K where I can save up and pay on my own. But it's easier said.

Gotta keep grinding


I got two years and I apply for jobs that require such.

I went through the same thing when I first started out breh. Took me years, but you just gotta keep pushing breh.

Stay focused and may allah guide you to a pawg

 

[MikelArteta]

do what im doing breh

GET THE HELL OUT OF ONTARIO

 

[Ohene]

You move breh. I was in the same position as you and was literally going to accept a shyt job for shyt pay. I said Im better than this, this will start me on a path of mediocrity that will be hard to break. I literally picked up and moved 3 days later with no promise of anything. Sat down and stalked linkedin. Figured out what ppl did before to get the jobs i wanted found out where they used to work and looked into opportunites there. I did that for 3-4 hours a day for like a week and built a database of companies about 100-150. Sent out inquiry letters to all got about 15 interviews. I ended up going with a guy i had met before but taking a leap andchilling for a month i got offers for 20k more than what i was initially going to take.

Your a black male with a 3.7 accounting degree you should have your pick of the litter. join organizations look at NABA jobs HBCU connect jobs get in touch with every recruiting agency where you want to work. I know RYAN accounting hires nikkas all the time. Keep pushing man bc once you get on a career track its hard to get out of it. Nikkas are natural born hustlers just use that mentality with getting a job and you will be good.

Good luck

Thanks for the knowledge breh. I almost didnt even take the job I have now breh but my family and friends all said take it and keep looking so i put my pride aside.

But shyt, I;m moving to LA or Vancouver once I'm done this contract (june 2015) and debt free breh. You've read my mind. We gotta start up idea that we've been working to get off the ground and I'm saying fukk it it's time to go for broke. Hopefully I can get a dcent job out west to support my living expenses .

 

[Ohene]

@Theraflu

I've done pitchbooks for M&A and Equity Research Reports in my spare time while cold calling/networking with Bankers. Live Nation, Tesla when it was in the 50s, AMC Networks before it came back down...all great picks. Even called a sell recommendation on the laggard 21st Century Fox when the street was bullish.

One pitch was for Lululemon to acquire Performance Sports Group Limited back in summer of 2013. Since then PSG's stock price has gone up 66% while Lululemon's has dropped 38%. They dont hear me though.

Not even gonna mention Cott Corp & Lassonde Industries.


I'ma get to this money though one way or another.

 

[Warren Moon]

@Theraflu

I've done pitchbooks for M&A and Equity Research Reports in my spare time while cold calling/networking with Bankers. Live Nation, Tesla when it was in the 50s, AMC Networks before it came back down...all great picks. Even called a sell recommendation on the laggard 21st Century Fox when the street was bullish.

One pitch was for Lululemon to acquire Performance Sports Group Limited back in summer of 2013. Since then PSG's stock price has gone up 66% while Lululemon's has dropped 38%. They dont hear me though.

Not even gonna mention Cott Corp & Lassonde Industries.


I'ma get to this money though one way or another.

You know any good books or sites to read in regards to evaluating stocks?

 

[Theraflu]

@Asantehene im on my way home breh I'll write u a proper response when I get home. You'll be alright.

 

[Ohene]

do what im doing breh

GET THE HELL OUT OF ONTARIO

grinding it out for the next 6 months and then its off to the west coast .

Gonna pay off my last school/credit card debt. Try to stack a few Gs and head out wtith big bro

 

[Ohene]

You know any good books or sites to read in regards to evaluating stocks?

Hard to say because I use my accounting knowledge to analyze companies combined with other forms of fundamental analysis.

Book wise:

Technical
Intelligent Investor
Securities Analysis
^ Those two are like the new and old testament
Option Volatility and Pricing (like a textbook though so )
I might have a pdf to email you when i get home on my pc but i aint sure.

Qualitative/Non-Fiction Novels (Good for teaching you about players in the market, manipulations, how they work and about the perils and risks out there.)
When Genius Failed
Black Swan
Den of Thieves
Barbarians at the Gate
Flash Boys

Magazines
Bloomberg Markets

Websites
Businessweek
Bloomberg

 

[the cac mamba]

 

[Shameonyou]

you did all that but did you actually network?

 

[Hijo de luna]

When it comes to Accounting, getting your foot in the door is the hard part. It took me a year and a half to land a job after graduating. I was stocking shelves in a dusty ass warehouse, dealing with mfs making slick comments about how I wasted my time and money on college. I hooked up with Robert Half Accounting and they set me up with a couple of interviews. I took the first offer and declined the 2nd interview with the other.

Studying for the CPA now. I got a homie down in Houston making about $250k. He's out of accounting but the background + CPA opened all kinds of doors for him.

 

[Ohene]

also @Warren Moon all i do when analyzing companies is literally go over their 10K / 10Q (annual and quarterly statements). When I'm in the mood I do a comparable company or DCF analysis to see the price upside/determine a target sell price but its more so the qualitative stuff that gets me (management, new industry trends, modus operandi/general strategy etc.). I stick to mainly the consumer discretionary, consumer staples (mainly packaged godos) and tech sector because I understand the mechanisms of the industries. Oil and gas, mining and all that have too many macroeconomic factors for me to bother with em.

The number one rule I have is to keep your ear to the street. An example of this is with Live Nation. I got in the company when it was around 12.44 in May 2013 or something and now its around $24 a share. The main thing I noticed was that in 2013 there were an abundance of marquee bands and music acts that were going on tour. Drake, Bieber, Minaj, Jay-Z+Beyonce, Yeezus, Taylor Swift, and a bunch of other random acts i've since forgotten. I compared the lineups of 2013 to 2012 and 2011 (not too rigourously) going over the average size of the venue these artists were performing in, album sales etc and determined 2013 was gonna be status for Ticketmaster (the company which adds the most to LYV....the concerting business in itself actually loses money). I looked over the 10Qs to make sure this idea (among other things) checked out using year over year comparisons and they did as "unearned revenue" increased greatly. Prepaid expenses which should rise in line rose at a lower percentage which signaled more operational efficiency to me. This affected Free Cash Flow (important for valuation purposes) positively so thats when i went in. Leaving a lot of the other tech stuff out cause I dont wanna write an essay...but that gives you an idea of the intertwining of the components of fundamental analysis. It's also important to know how the market values the company...what ratios they use and such so that you know what figures are most important to project.

 

[EA]

@Asantehene I know your pain, breh. I've got an interview coming up at a large financial services organisation and all I can keep thinking is "What if I go in there, give the best interview I've ever given and they still don't like me "

Life of a graduate is stressful as hell