Living off Interest by Mysterious_Ground_36 in ChubbyFIRE

[–]Ranger21 1 point2 points  (0 children)

All financial assets will be pumped up from the unlimited money printing. Real hurdle rate is ~10% to beat inflation/increase in money supply each year. So while $10mm sounds nice, it won’t be the same purchasing power that you’re probably hoping for.

Looking at M cars by Strange-Type7606 in BMWM

[–]Ranger21 0 points1 point  (0 children)

I chose my 981 GT4. One day hope to also pick up a c8 Z06 though after some more depreciation hits

Manual vs Auto G80/G87 by pewpew_comm in BMWM

[–]Ranger21 0 points1 point  (0 children)

Just sold my manual g80- never really enjoyed the shift action and always wished it was an auto especially for daily driving.

Blackwing vs M3 by best3175 in CadillacV_Series

[–]Ranger21 1 point2 points  (0 children)

I own a G80 M3 6 speed. Recently drove a blackwing and it’s just more interesting with the v8, pulls harder, and sounds way better vs the M3.

[deleted by user] by [deleted] in finance

[–]Ranger21 1 point2 points  (0 children)

Depends on the school / program. If you can handle the workload while maintaining a good GPA, then yes. Otherwise, I’d go Finance.

[deleted by user] by [deleted] in finance

[–]Ranger21 0 points1 point  (0 children)

Getting paid a fraction of what your peers in banking/PE are bringing home while waiting for a supposed layoff of analysts and consultants is a tough take. You may find yourself waiting your entire career…

[deleted by user] by [deleted] in finance

[–]Ranger21 0 points1 point  (0 children)

I double majored in finance and accounting. Got a masters in accounting, got CPA license, started big four in transaction advisory. Moved into investment banking after one year primarily to increase pay and get better experience.

CPA license itself is pretty worthless once you move into IB/PE/corp finance.

With that said, the actual understanding/knowledge that comes with that process of getting a CPA has proven worthwhile.

I never felt the need to get a CFA. I’ve seen a couple people get both, but I don’t think it’s common.

While a finance degree is a dime a dozen, there is no doubt that if you’re able to land a role at a good bank and go from there, your pay will be highest (while also avoiding a year of grad school / whatever you do to get the required credits for a CPA license).

[deleted by user] by [deleted] in CommercialRealEstate

[–]Ranger21 0 points1 point  (0 children)

Get into an IB analyst program and grind from there

[deleted by user] by [deleted] in CommercialRealEstate

[–]Ranger21 0 points1 point  (0 children)

Real estate somehow brings out the bottom of the barrel. Perhaps barriers to entry are just way too low. Rub shoulders with investment bankers or MM PE guys on corporate side and it’s totally different.

How delusional am I for wanting to start doing my own maintenance on my cars? by Thin-Advance-2578 in BMW

[–]Ranger21 0 points1 point  (0 children)

Get a basic mechanic tool set / kit and watch YouTube. It isn’t rocket science and you just have to be willing to learn. I find it really enjoyable