Posted on 03/26/2013 2:47:46 PM PDT by SeekAndFind
If you're considering going to Wall Street, you should really know what you're getting into.
Yes, you will get paid better than average people all over the world. Yes, you will get to learn new things constantly, and yes, you will be involved in important transactions (well, hopefully) and meet interesting clients.
However, there is a downside, and it's generally all in your head.
A Wall Street veteran, who will remain anonymous, gave us a laundry list of ways working on the Street can actually ruin your life.
Wall Streeters have to deal with a distorted sense of money, questions about self-worth, arrested development and most importantly, the fact that they never ever have enough time. They can try and pay for it, but that only gets you so much.
The point is you better love finance if you're getting into this business, because it's going to take over your life.
1) You'll be working 80-plus hours a week, so it's going to be hard to date.
"You will work insane hours in your first five years meaning stable relationships are a no go."
2) Expect to always be on your work BlackBerry.
"And it will be a huge problem with any significant other."
3) And you'll be so tired you can't even go out when you're still young and single.
"You won't have the energy to go out on Friday nights by 30 even if you're still single."
4) Because you work so much, you'll likely miss out on important events with loved ones.
"I had a girl break up with me because I had an assistant call to check on her...everyone has a story like that. Missed a sister's wedding...didn't see grandma before she passed away, etc."
(Excerpt) Read more at businessinsider.com ...
I think I am crying a river down here.
Here's the key: put in the 80 hour weeks for a few years, make your money, and MOVE ON to do something else less stressful. You might even figure out a way to stash the gobs of money in a trust fund somewhere where no divorce court can get to it, before getting married.
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