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Brokerage from hell
Old 07-28-2006, 09:00 AM   #1
Confused about dryer sheets
 
Join Date: Jul 2006
Posts: 8
Hi all, my first post.

Thank you all for being such an inspiration. After getting annhilated at work I like to come home and log on and get motivated to get FIREd as quick as possible. This place pumps me up like nothing else!

A bit about me: I am a 29-year old dude working as a broker for one of the US investment banks, I'm too afraid to spell it out but it does rhyme with "Gloldman Slachs". This place is brutal beyond belief. I'm aging 3-years-for-1... but that's okay, I'm hoping I'm out in several years (hoping!).

No property, no mortgage, no debt, currently have a little over 500,000 split evenly between Vanguard VTI's and 5-year CD's. If our firm ends strong this year I hope to have 700,000 by January (hoping!).

For the number-crunchers, I started saving ambitously 2 years ago, which somewhat explains the savings-to-salary ratio. Before I get reamed I will say I feel extremely blessed for the opportunity I've been given to work in my industry, and how much I credit good luck in my ending up in my current situation.

But boy how I dislike my job! I will walk out the day I know that I can. Working with mostly alpha-males and alpha-females we float our "number" to each other casually and wistfully, with 5 mm USD the median for most, and with the managing directors probably twice that amount. I am too embarrassed to share with them my ambitous "number" of 28,000 / 0.035 = 800,000. (28,000 = I'm a closet hippie, 0.035 = I am still young).

28,000 a year might be cutting it close. I think I can do it. My hope is to spend 6 months every year on a hiking trail.

I dream of clean air, spending lots and lots of time with mom and dad, growing a tree, hiking the North Country, maybe even find "the one".

Anyway. I just wanted to say hello and thank you. You guys give me hope. Something I don't get at work. Bless you all.
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