For someone who's dream would be to work as a Trader for a Big Bank or a Hedge Fund, but isn't in that industry, what are some things that can be done to make a change in careers?

I and another coworker are Sales Managers for one of the Largest Snack companies in the world. While in college, I was also a shift supervisor at UPS. My coworker was a store manager for a gift card store.

Point being is that we both have very average degrees and decent management experience, but careers that do not relate to Finance. Besides becoming more versed in that world by following blogs and news websites, and reading books, we were wondering what was a logical progression in career that we should consider. (MBA,MFA? Perhaps look for an Analyst job at said companies. Would that be a realistic option? Transfer to the finance department for our company before pursuing the change in field?)

I know this a bit more detailed then I think this thread intends to be, but any direction would be nice.

wow that's a really good deal! GOOG is around $600!

I have most of my money in a Vanguard fund (90% S&P, 10% bonds), but I want to split it and move to higher risk/reward funds, and diversify to some international. I would like invest in the total US stock market and the other half, international. I don't really want to actively touch any of this, but I hear using a mutual fund is bad. Is using a couple of Vanguard funds to accomplish this the wrong way to go about this?

I know tech companies selling for less than a dollar! 15 is really expensive, only suckers pay more than 3 dollars, you guys really dont know anything stop giving bad advice

I rarely pay over a buck for my "tech" companies, and have paid as little as 3 cents a share. Watching pennies is what made me the success I am today. I find numerous ways to save a nickel here and there, so I can blow off my frustrations $11K a night playing high stakes mix games.

Is the Fama & French 3 Factor model contrary to Weak Form Efficiency?

I want to say 'yes', because it uses historic data to predict future returns. Is this correct?

Actually guys, I came up with a way how mainstream economics could make sense. Namely, it could be the case that the system we have "tricks" people into working more than they otherwise would, for rewards that they think they will have in the future but actually won't. Therefore we might actually experience better growth because people are deluded into working more.

You know when I think about it I'm even starting to kinda like it. Has anyone ever come forth with something of the kind?

Can anyone give me any explanations of why the Size effect of Investments exist?

(The fact that smaller firms have higher risk adjusted returns compared to larger firms)

does anyone know a good accountant in canada (toronto area ideally) who has experience with people deriving income from trading in the US markets, in US dollar accounts? if they're experienced with the interactive brokers platform specifically that would be ideal. i've talked to a few accountants and all either seem pretty clueless or make ridiculous requests like asking for a hard copy of 1000+ trade records so they can manually input them into their computers so they dont have to worry about viruses (and prob charge $250+/hr for data entry)

Smaller firms can place all their capital into their few best bets without changing the market.

Larger firms might have to spread their capital among more bets, further down their preference list because they can't get all of their capital into their top picks at favourable prices.

Jesus F. Christ. Oh my god. I still cannot get over this. HOW is it possible that the world economy is founded on utter ignorance of elementary logic. Oh sweet lord guys we totally need to spread the word. There must be huge number of people like me out there who are perfectly capable of understanding what's going on just never even came in contact with sane ideas. God bless the internet.

Vantek,

How many more times do you think you're gonna need to make the same post? We get it.

can someone ban vantek?

Sorry guys but I haven't been this outraged in my LIFE. Why didn't anyone TELL me?!

I don't KNOW!

I did the limit sell order but it didn't work exactly like expected due to after hours trading but in this case it worked out in my favor and it sold at 44.29. Just out of curiosity though is that why you suggested the 43.87?

I like the idea of limit orders because I work full time at a financial institution and they monitor everything we do so I like it to be somewhat automated

Am thinking of investing 5% of my net worth into this, would sell some of my gold mining fund:

http://www.proshares.com/funds/tbt_c...and_chart.html

reasons why this idea sucks much appreciated

just following jim rogers' advice

I got a strange offer from a online friend a couple of weeks ago. Its guy that I know from 2p2 and have talked to through skype/msn alot but not that much the last year since he stopped playing poker. I have never meet the guy IRL but we have talked alot for maybe 2 years and then not that much the last year primarly about poker but also about other stuff.

I know that the guy is pretty good at search engine optimizing or whatever its called. He starts talking to me on MSN and after some "wzup?" "what have you done lately" he gets to the offer. He has created a bunch of websites with info about random stuff (forex trading among others) and he has adds on the websites that he makes some money off.

He asks me if I could open an adsense account and then give him the account info and then he will fix what needs to be fixed with the account (I know absolutly nothing about this kind of stuff) and then I will cash out once a month and give him 85% of the cash and keep the other 15%. He said it would be about 1K/month or so total so that would leave my share at $150/month or so.

I obv ask why and he says its because he does something thats against the rules of adsense but illegal and there for the account could get banned and the money frozen and he would like to use 7-8 diffrent smaller accounts instead of 1 big account.

I say I wanna think about it and turn it down a couple of days later primarly because I dont wanna get taxed for the whole amount when I only earned 15% of the money and there for acctually lose money if I get audited.

Bad move? Anyone got an idea of what kind of cheating he might do?

Google it. There is some good info about using multiple adsense accounts because of something google does called "Smart Pricing". Basically if you have 2 or 3 top performing sites for revenue and like 10 poor ones, if they are all under one account it will actually bring down the total revenue, so the gig is to split up the performance into tiers so that one adsense account pulls in the revenue it can while the other lags behind.

http://www.spgazette.com/multiple-adsense-accounts/

My guess is your bud has already used up his two accounts for individual and business and wants more tiers as it were.

Probably been asked before here but this thread is so long I'll just ask..I'm looking for a trading/investing website to learn about the subject. Something as 2p2 is to poker, anyone can recommend me?

I would not share my adsense account for 2 reasons:

1. If you ever want to launch your own site, you don't want to have your account banned

2. Tax reasons as you mentioned - you'll still be on the hook and be forced to chase him down

Very poor risk/reward ratio here.

http://seekingalpha.com/article/3578...leveraged-etfs

I have a question on individual bonds vs bond funds.

I can understand individual bonds. Say if I buy a $10,000, 10yr bond at 4% interest, I'll get paid $400 a year until the end of year 10, then I'll get 10k. Okay. What happens if I invest $10,000 in a bond fund yielding 4% and avg maturity 10yrs? Am I still getting $400 per year? Am I still guaranteed to get $10k if I cash out of the fund at the end of 10years?

This may be way too general a question and I guess can vary wildly by industry, but what is considered a good net income as a percentage of the gross revenue for a business? I'm talking about total gross, minus every expense except taxes.

This definitely totally varies by industry.

The only easy answer to your question is 'a positive one'.