Good Advice for Those Thinking of Going Into Investment Banking

Yes. Everybody should save. And after a few great years in ibanking -- work becomes optional.

Lets say you need $10 mil to make work optional (which is on the low side for a banker). To put that away, you really need to make $30 or 40 mil. So, by "few years", do you mean 10 or 15? 20? 30?

your article refers to extreme savings -- on meager income and your title refers to ibanking. Extreme savings for an ibanker implies rapid wealth building --- or were you making some other point not supported by either the title nor article?

Maybe somewhere else should forward his article to those who really need to learn about saving-

Like- Lenny Dykstra, Elton John, Nicholas Cage, etc.

I think most people on wall street however, know how to save their money. everyone in my office lives in either a studio or 1 br with their wife and kids either in manhattan, brooklyn or queens. Noone in my office owns an apt or lives anywhere near their means.

"don't be female"? oh, wait, it doesn't say that...

I don't have kids yet but honestly, if my kids told me that they were eating out of garbage cans I wouldn't be proud of them.

ali r.

"your article refers to extreme savings -- on meager income and your title refers to ibanking. Extreme savings for an ibanker implies rapid wealth building --- or were you making some other point not supported by either the title nor article?"

mf, wow, relax... the original post was a joke.