Banker struggles on $350,000 a year

Discussion in 'Wall St. News' started by gwb-trading, Feb 29, 2012.

  1. STFU and stop pulling out the race card twit. Ever hear of a man named Barack H. Obama? Whites put him in the White House, not blacks. Ever hear of Oprah Winfrey? Whites made her a Billionaire, not blacks. Let's consider all the NFL and NBA players making millions each year, which comes mostly from whites. I'm sick of "you people" pulling the race card. LOL Now, get to the back of the bus and stop drinking out of my water fountain.
     
    #71     Mar 4, 2012
  2. Maybe, maybe not. Not sure the wall street crowd is exactly the 1% brightest on the planet, other than the exotic derivs guys of course. Lots of average intelligence but awesome sales traders out there, making big bucks. Oh, and shhh, don't tell anyone that that smartest people work in the middle office.

    It's not "what" you know.
     
    #72     Mar 4, 2012
  3. Exactamundo.

    You are a weak fuck if you need pets.

    Pets make the home dirty and they poop and piss everywhere.

    They are too fucking noisy. When I hear a dog barking, I want to smash its skull.

    I can't stand the constant barking anymore.

    Would you like it if I constantly rang you doorbell or called your house?

    Get rid of your pets and be a man.
     
    #73     Mar 4, 2012
  4. To all the pet haters...its all relative. There have been multiple studies that suggest having a pet actually extends your life as well as the quality of your life. I currently don't have a pet...have a live in spouse which is quite enough. If I lived in NYC and didn't have a roommate I believe a pet would be very important. In any case no one questions how expensive NYC is to live in and to make a judgment on how ppl spend their money is kinda pointless. Its only when people whine that I think we have a right to throw snow balls. I don't believe SLE has done any whining. As far as the $350K guy I'm not feeling in any way sorry for him or any other bankers/financial ppl. They will have to learn to live on less and I'm sure will do just fine.
     
    #74     Mar 4, 2012
  5. luisHK

    luisHK

    + 1, 190Kusd is not enough to get a lavish lifestyle in many world cities plus it's difficult to adjust to a dimishing buying power. To put this into perspective 190k is slighlty less the rental of an apartment I'm going to visit monday afternoon, which, although almost twice bigger and probably better than the noisy smallish flat I live in now, is far from great for the area, and which I probably won't be able to rent anyway for a bunch of reasons. Real estate in most of the US sound so dirt cheap many of you guys can't understand the dificulty to afford a decent living in many of the world cramped cities.

    BTW, New York definetely doesn't qualify as a city with cheap real estate, if the banker in question lives in a 1200sqft duplex(!) with 2 kids, he can't feel comfortable at home.
     
    #75     Mar 4, 2012
  6. $350K dude just has to wait a while.

    Prices will adjust & Manhattan RE sales people will be the next to whine.

    Trickle down works both ways.
     
    #76     Mar 4, 2012
  7. sle

    sle

    I guess I am a weak fuck, but clearly I am a successful weak fuck and you are clearly a loser (and a sore loser at that).

    For the reference, almost everyone in my coop has a dog and I'd guess that median income here is a $1.5 million a year. You don't have a pet and you are probably making an order of magnitude less - so who is "a man" and who is not?
     
    #77     Mar 4, 2012
  8. +1 :D

    & you're right about the dogs vs Aston Martin.

    Funny old place NYC..
     
    #78     Mar 4, 2012
  9. sle

    sle

    Actually, the prices in Manhattan have been acting very strangely. Lower-tier properties (studies and one bedrooms) have clearly declined in price 10 to 15 percent from the peak of 2007. At the same time, 1200sft and over have actually increased in price. I had a good year last year and was thinking of upgrading and it seems that prices have gone up, not down.

    As for girls - it's pretty clear they like the whole dog thing. One of my Mrs' friends hypothesized that women subconsciously make a whole set of extrapolations:
    (a) A dog is a serious commitment and if the guy is not afraid to commit to a dog, he's gonna be more likely to commit to a woman.
    (b) If a guy has two large dogs, he probably owns a large apartment (rentals, as a rule, don't allow large dogs) and thus he must be making a good living
    (c) the guys must have likes the dogs as puppies and thus he must like and want to have kids.
     
    #79     Mar 4, 2012
  10. Can't really see the top end sustaining itself over here, but the effect has been somewhat similar.

    Intellectual curiosity here as to what made last year "good"?

    Generally unhappy campers on my side of the world. Decreasing flow the main blame. Equities that is.

    Re a,b,c - yes. Sets things up well for short term relationships. :p
     
    #80     Mar 4, 2012