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Vault Message Board: Investment Banking

Topic Name: Greed
Message Name: this is kind of runn
Date Posted: 05/18/2000
Message: this is kind of running off topic guys... the point of this thread is to talk about how long it's going to take us to get rich enough that we don't have to give a crap about anything... I was fooling around with my calculator last night, and if you take taxes out, based on that payment schedule, I think I arrived at 5 million. I'm not sure if I entered everything right though, and I didn't account for inflation, I'll give it another shot tonight, also I think that may be a conservative payment schedule it may be more like 200 300 400 600 800 1200 1400 1600 1800 2000 Anyone in the business want to advise? Is that too aggresive? the previously suggested payment schedule was 200 300 400 500 600 700 800 900 1000 1100 Also, what if you're a crappy banker, what happens do they sort of force you to quit or do you top out at a few hundred thousand? How long do people who start as Associates usually stay?

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