how can i be a investment banker...how can i retire young pls help thanx
2007-10-25 10:01:17 · 27 answers · asked by Zu'mayn 1 in Business & Finance ➔ Personal Finance
ask Bill Gates
2007-10-25 10:03:24 · answer #1 · answered by labadala l 5 · 1⤊ 0⤋
Honestly, you probably cannot do it by 18, simply because 18 is the age of majority here in the USA. However, that doesn't mean you can't do it by 25.
If you are determined and take the time to educate yourself, you could make the the kind of money needed to retire by 25. Please do not fall for any get rich quick or pyramid schemes on the internet. Check out this article to help you with that: http://www.dsa.org/aboutselling/consumer/index.cfm?fuseaction=pyramid
I also recommend that you pick up 'the One Minute Sales Peron' (you can get it for $0.01 at Amazon), which will help you understand how to be a successful salesperson.
Investment banking is one of the few jobs you can get without a college degree. Interview at several banks in your area for lower tier jobs and let them know you would like to learn about investment banking.
Good luck!
2007-10-25 10:07:11 · answer #2 · answered by mum_to_simon 3 · 0⤊ 0⤋
Uh, probably not - you'd have a way to go to catch up with the currently super-rich. And they didn't get that rich by working for an employer, although you can make quite good money as something like an investment banker.
To be an investment banker, you'd need a college degree first. To retire young, get solid schooling, get a good job, and live below your means and save and invest as much as possible.
2007-10-25 10:08:05 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
You don't need money to be the richest man alive. Just need good friends and family.
Ok, I know it's a lame answer but it's fairly true. Your best bet is to go to college and learn from a professor. There's no secret you're gonna learn here that'll make you rich. Keep in mind investments take time to make you money. You don't invest money and get a big, fast return. So I don't know how old you are, but having the returns by 18 seems unlikely.
2007-10-25 10:04:44 · answer #4 · answered by repeat offender 3 · 0⤊ 0⤋
Hmmm, well, maybe not at the age of 18 if you want to be an investment banker because you have to go to school for that.....but you can retire young if you push your education, keep good credit and learn to see the world around you as potential investments.
2007-10-25 10:04:31 · answer #5 · answered by PrincessJ 3 · 0⤊ 0⤋
Sorry to crush(?) your hopes and dreams, but you cannot dream to become an investment banker at your age because you need education, experience, etc.
Best way to go from hered would be to take a lot of economics/business classes at whichever college you're in (or you're planning to go to).
Hope this helped!
2007-10-25 10:04:13 · answer #6 · answered by meh 2 · 0⤊ 0⤋
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2016-12-18 17:10:17 · answer #7 · answered by ? 4 · 0⤊ 0⤋
4 years university, 3 years working crazy hours as an analyst, 2 years MBA or CFA, 3 years as an associate working crazy hours then you will become an investment banker!
2007-10-25 10:05:27 · answer #8 · answered by Anonymous · 0⤊ 0⤋
its' possible to do the investment banking thing, but Idon't think you'll be waren buffet or bill gates by 18...there's just not enough time, unless you're 2 and writing this....but then they wouldn't let you into all the investment banking classes..
2007-10-25 10:04:42 · answer #9 · answered by ladylove 3 · 0⤊ 0⤋
sure can't say it won't be hard but invent something that everyone wants and needs and charge for it!
or invent a cure for some illiness you will get money for that!
reguardless it's a lot of work!
2007-10-25 10:08:59 · answer #10 · answered by Anonymous · 0⤊ 0⤋
go to school for investment banking
2007-10-25 10:04:11 · answer #11 · answered by IAN 3 · 0⤊ 0⤋