<p>I have problems.</p>
<p>I guess I'm in the wrong business, being a mere six-figures a year guy. A shame, too, since I was working for a commodity brokerage firm back when I was still wrapping up my undergraduate program.</p>
<p>Looking at these numbers, I'd say I missed the boat--well, at least the REALLY BIG boat.</p>
<p>well these numbers are rare. And who really needs that much money?</p>
<p>Its a matter of being rewarded for bring at the top of the game. Comes with nearly every position in business. It acts more as a scorecard for success than anything else. </p>
<p>Plus I think I can put a few billion in good use myself ;).</p>
<p>"I have problems"</p>
<p>LOL, don't we all?</p>
<p>"And who really needs that much money?"</p>
<p>It's not a matter of need</p>
<p>What kind of traders make like $500k to $2.5MM?</p>
<p>I always hear of top traders making $100MM+ and then losing traders making nothing. So is there basically nothing in the middle?</p>
<p>your still going to have to be an exceptional trader to make 500k and up. If your losing and you dont have a track record behind you that shows great performance, bye bye.</p>
<p>I still feel a little bit confused about fin'l consultant. Why do consultants have to consult people about their investment? Why don't they use their knowledge to invest for themselves. Surely, when you are a good consultant, you have already possessed a big amount of experiences and education, enough for you to feel confident to use your own weapon.
Do you guys think that consultants like to consult people's finance because they don't want to take risk by investing their own fund?</p>
<p>
</p>
<p>Other people's money are funnier to play with.</p>
<p>i think you are refering more to a broker or possibly a financial advisor.</p>
<p>
[quote]
Why don't they use their knowledge to invest for themselves.
[/quote]
</p>
<p>Because you get people paying you to help them many many times over?</p>
<p>There's also the other side of this argument, which is,--if the other people made so much money already, why aren't they smart enough to know how to invest it? Why pay someone who hasn't made a fortune to advise those who have made one?</p>
<p>Warren Buffet often ridicules Wall Street in this exact way. I believe one of his famous lines is "Wall Street is the only place I know where people go in their Rolls Royces to get advice from those who take the subway".</p>
<p>So the question "why consultant?" still doesn't have a convincing answer?</p>