Showing posts with label finances. Show all posts
Showing posts with label finances. Show all posts

Friday, August 26, 2011

Tips to become a debt free Person

If you are in debt, which has lost focus or do not know what you're doing. You obviously have no financial education, and a wrong way of thinking about money. I suggest you start reading. Here are a few you can start with:
  • Think and Grow Rich

  • Rich Dad Poor Dad

  • Secrets of the Millionaire Mind.

Also

I also like books by Donald Trump. After that you can read actual technical books on how to make money, such as stock market books.

Consider this

Stop spending. Paying off high interest debts first. Reduce expenses, increase revenue, live on less than you earn, only buy what you can pay in cash. Then, the work of Dave Ramsey snowball debt. Can be found on its website, in books or on TV or radio.

Friday, August 19, 2011

What should be the similarities of all financial crisis?

People who were corrupt and had not caused anyone smart enough to set out a plan. In addition, all countries except a few, behaved like a teenager with a credit card, with friends, trying to show, then the bill came home and reality set in for them. In addition, countries lacking regulation and common sense.

Thursday, June 30, 2011

Jobs for Finance Majors?

First is the investment banking. It can be very fierce and reserved for graduates of high school like Wharton, Harvard, etc.. Investment banking is the structuring of deals, complex business models, etc.. You will be working late into the night, basically your job is your life.

However
 
There are financial services, where is the center or back office. Here's your chance to support functions more as trade support, reconciliation, reporting, accounting and so on. The schedule is much more normal.


Also
 
There is also the aspect of the sales of a financial advisor. You basically have to make cold calls to get customers to come in.

Monday, June 20, 2011

How to Become a Hedge Fund Manager?

Normally, getting a job in this field is based on two things;
  • Education
  • Past experience and performance
Experience and ability
 

Due to the nature of hedge funds, only those who have a proven track record and are considered good reputation for managing the fund.
 

You start 

With a degree in Finance / Economics and then start working on the financial sector, usually something there is no risk. Teller (made during their education, and not after the degree), bank manager, and then move in the chain of positions of increasing responsibility as an insurer of credit union loan or whatever. At this point, chances are you can get a job with a brokerage firm. 

This is not the only way, but it is fairly typical. This is a * great * work for many years. You have to succeed every step forward. Worth the effort!
 

Bachelor's Degree
  • In a relevant subject (math, finance, physics, accounting, economics, etc.) from a good school with a strong GPA.
  • Working for the formation of 3-4 years to be an analyst, either fundamental or quantitative.
  • MBA from a good school with a strong GPA.
  • Get CFA (best credential for investment) at some point. see www.cfainstitute.org
  • The official position as an analyst level, ideally working with the teams of the portfolio of several.
  • Portfolio Manager long only accounts.