Category Archives: informational

Apr 01 2024
1 Comment
Culture, Informational

The Modern Dilemma: Navigating Declining Attention Spans in the 2024 Social Media Era

In the captivating whirlwind of the 2024 social media landscape, one undeniable phenomenon reigns supreme: the ever-diminishing attention spans of users. As we delve deeper into the realms of TikTok, Instagram, Snapchat, and beyond, the very fabric of our attention seems to fray under the relentless bombardment of content. But amidst this digital cacophony, one must pause and ponder: what implications does this trend hold for our collective consciousness?

The rise of platforms such as TikTok epitomises this shifting paradigm. With its bite-sized, endlessly scrollable content, TikTok has become the epitome of instant gratification. Users are whisked away into a vortex of 15-second videos, each vying for their fleeting attention. In this fast-paced realm, the concept of sustained focus becomes a relic of a bygone era.

Similarly, Instagram’s visual allure has captivated millions, yet its emphasis on aesthetics and brevity has contributed to the truncation of attention spans. The endless scroll of impeccably curated feeds fosters a culture of rapid consumption, where images are absorbed in a matter of seconds before being cast aside in favour of the next visual delight.

And let us not forget Snapchat, the ephemeral playground of the digital age. With its disappearing messages and ephemeral stories, Snapchat epitomises the transient nature of modern communication. In this realm, the currency of attention is fleeting, with users flitting from one moment to the next in a ceaseless quest for novelty.

Yet, amidst the allure of these platforms lies a profound dilemma: what happens when our attention spans dwindle to mere seconds? The implications are far-reaching, touching upon realms as diverse as education, politics, and interpersonal relationships.

In the realm of education, the challenge of capturing and maintaining students’ attention has never been more acute. With the constant lure of social media beckoning from every corner, educators are faced with the Herculean task of competing for attention against an ever-expanding digital cacophony. The traditional classroom model, with its emphasis on sustained focus and deep engagement, finds itself at odds with the ephemeral nature of modern attention spans.

Likewise, in the arena of politics, the ramifications of dwindling attention spans are profound. In an age where political discourse is increasingly conducted through soundbites and tweets, the nuances of complex issues are often lost in the clamour for attention. The rise of populism and polarisation can, in part, be attributed to this trend, as citizens gravitate towards simplistic narratives that align with their fleeting attention spans.

And what of interpersonal relationships? In a world where communication is reduced to emojis and fleeting messages, the very fabric of human connection is threatened. The art of sustained conversation, once a cornerstone of social interaction, is increasingly relegated to the sidelines as attention spans wane and digital distractions multiply.

Yet, amidst this gloomy prognosis, there is hope on the horizon. As we confront the challenges posed by declining attention spans, we are compelled to seek out remedies that foster mindfulness, presence, and sustainable engagement.

First and foremost, we must recognise the importance of cultivating digital literacy skills that empower users to navigate the online landscape with intentionality and discernment. By fostering critical thinking and media literacy, we can equip individuals with the tools they need to engage with social media in a meaningful and sustainable manner.

Furthermore, we must champion platforms and initiatives that prioritise quality over quantity, depth over superficiality. Whether through curated content feeds, algorithmic adjustments, or community-driven initiatives, there is ample opportunity to reshape the digital landscape in a way that promotes sustained engagement and meaningful interaction.

And finally, we must foster a culture of mindfulness and self-awareness, encouraging users to pause, reflect, and disconnect from the relentless stream of digital stimuli. By carving out moments of stillness and contemplation amidst the chaos of the online world, we can reclaim our attention and rediscover the beauty of sustained focus.

As we look to the future, the path ahead may be fraught with challenges, but it is also brimming with opportunity. By embracing the principles of mindfulness, sustainability, and intentionality, we can chart a course towards a digital landscape that nurtures rather than erodes our attention spans. And in doing so, we may yet reclaim the lost art of deep engagement in the 2024 social media era.

Jan 28 2024
2 Comments
informational, Straight talk

Navigating the Complex Tapestry of Dating in 2024: A Mosaic of Generation Gaps, Cultural Nuances, and Racial Diversity

In the ever-evolving landscape of romance, the dynamics of dating in 2024 have become an intricate tapestry woven from the threads of generation gaps, cultural nuances, and racial diversity. As societal norms continue to shift, individuals find themselves navigating a complex mosaic of experiences, challenging traditional paradigms and fostering deeper connections across diverse backgrounds.

One of the most prominent elements shaping contemporary dating is the existence of generation gaps. In an era where technology transforms the way we connect, it’s not uncommon to witness couples with significant age differences breaking the stereotypes. The once-rigid boundaries imposed by generational disparities are slowly fading as individuals explore connections that transcend traditional expectations. The older generation, often characterized by conservative values, may find themselves adapting to the progressive outlook of younger partners, embracing a new world of ideas and perspectives.

Cultural diversity, another integral facet of modern dating, plays a pivotal role in shaping relationships. As borders blur and societies become more interconnected, individuals are increasingly exposed to a multitude of cultural backgrounds. This exposure not only enriches the dating experience but also challenges preconceived notions about what is considered “normal” or “acceptable.” Couples from different cultural backgrounds often find themselves navigating through unique traditions, cuisines, and belief systems, creating a rich tapestry of shared experiences that contribute to the fabric of their relationships.

Racial differences, once a potential barrier to romantic connections, are gradually transforming into a source of strength and resilience. The dating landscape in 2024 is witnessing a celebration of diversity, as individuals embrace the beauty of relationships that transcend racial boundaries. Interracial couples, breaking free from the constraints of societal expectations, are fostering connections based on shared values, interests, and genuine affection. This shift not only challenges stereotypes but also contributes to a more inclusive and understanding society.

However, the journey towards inclusive dating is not without its challenges. Acknowledging and addressing unconscious biases is crucial for fostering meaningful connections across generations, cultures, and races. Open communication becomes the bridge that spans these gaps, allowing individuals to understand and appreciate each other’s unique perspectives. Cultivating empathy and a willingness to learn from one another creates a foundation for relationships to thrive in the face of societal complexities.

In the quest for authentic connections, dating apps and platforms have become essential tools for individuals navigating the nuances of 2024’s dating scene. These platforms serve as virtual meeting spaces where people from diverse backgrounds can explore compatibility beyond geographical constraints. The digital realm, while fostering connections, also presents its own set of challenges, requiring users to navigate through the intricacies of online communication and discern genuine connections from superficial interactions.

As we navigate the multifaceted world of dating in 2024, it becomes evident that the evolution of relationships reflects the broader societal shifts towards inclusivity and understanding. The mosaic of generation gaps, cultural nuances, and racial diversity is a testament to the richness of human experiences and the ability of individuals to connect on a profound level, transcending the boundaries that once defined relationships. In this era of continuous change, dating becomes not only a personal journey but a collective endeavour to build bridges across differences and celebrate the beauty of diversity in love.

Dec 23 2023
2 Comments
Classic, informational

Ladder Theory: Climbing through the rungs

In the quirky world of relationships, enter the ladder theory, a conceptual framework that attempts to decipher the intricate dance between men and women. Picture this: two ladders standing side by side, one labeled “Friendship” and the other adorned with the sparkly sign of “Romance and Attraction.” It’s like a game of Chutes and Ladders, but with emotions and potential awkward encounters.

For the dashing gents, the ladder theory proposes that men are natural ladder categorizers, neatly placing women on either the friend ladder or the romantic/sexual ladder. It’s a binary world, or so the theory suggests, where the transition from buddy to potential soulmate is akin to navigating a labyrinth without a map. Men, it seems, find it challenging to shuffle a lady from one ladder to the other without feeling like they’ve entered relationship limbo.

Let’s dive into an illustrative scenario: Meet Jack, a chap who shares witty banter and late-night talks about life with Jill. They climb the friend ladder together, but Jack can’t quite figure out how to swing open the trapdoor to the romantic rungs. In the ladder theory’s world, Jack might be left scratching his head, wondering why Jill seems to be stuck on the friendship floor.

Now, on the flip side, the theory suggests that women possess a ladder agility that would make any gymnast envious. For the ladies, it’s not a rigid binary but more of a ladder mashup, where a man can occupy various rungs on both the friendship and romantic ladders simultaneously. Confusing? A tad. Dynamic? Absolutely.

Consider Sarah, who shares laughs and intellectual debates with Mike. According to the ladder theory, Sarah can seamlessly switch between appreciating Mike’s sense of humor on the friendship ladder and entertaining romantic inklings on the adjacent rungs. It’s like she’s doing a relational salsa dance, effortlessly twirling between connection types.

However, before we embrace the ladder theory as the relationship gospel, let’s throw in a sprinkle of skepticism. Critics argue that this ladder-based classification system oversimplifies the complexities of human connections. Love, after all, doesn’t fit neatly into categories; it’s messy, unpredictable, and wonderfully chaotic.

So, while the ladder theory offers a whimsical lens to view the romantic landscape, it’s essential to remember that relationships are as diverse as a box of assorted chocolates. Each connection is unique, defying the constraints of ladders and challenging us to embrace the delightful unpredictability of human emotions. After all, who needs rigid rungs when you can pirouette through the dance of love with a touch of wit and a charming smile?

Nov 23 2023
2 Comments
Culture, informational

Eggs are expensive, Sperm is not

Genetics background. 3D Render

Let’s embark on a journey through the fascinating realm of reproductive biology, where we’ll explore the inherent value of women’s eggs compared to men’s sperm, while also shedding light on how modern dating intricacies intertwine with this phenomenon.

From a biological standpoint, it’s undeniable that the scales are uneven when it comes to the intrinsic value of eggs and sperm. Women are endowed with a limited supply of eggs, a precious resource, while men produce millions of sperm in a single ejaculation, essentially the reproductive equivalent of a shotgun approach. This discrepancy may seem rather unfair, but nature’s quirks often come with their own unique rationale.

Eggs, those enigmatic little orbs of life, are indeed the rarest and most sought-after prizes of the reproductive game. They are large, resource-intensive, and carry within them not just the mother’s genetic legacy but also the potential for a new human life. Sperm, on the other hand, are the tiny, resilient, and disposable messengers racing toward their destiny, with the goal of fertilizing the egg.

Now, let’s weave the modern dating landscape into this evolutionary tapestry. Dating in the digital age has, in some ways, exacerbated the lopsided scales of egg vs. sperm value. The swiping culture and the buffet of options offered by dating apps often place women in a position of power. Their eggs, so to speak, become the coveted prize, and they’re often inundated with suitors vying for their attention. So you can image the disdain and visceral disgust men have towards carousel ridden skanks who devalue themselves and get used like slam pieces through their prime.

This shift has necessitated a certain set of skills. Men now find themselves in a world where wit, charm, and intellectual prowess have greater importance than ever. Crafting a captivating profile and initiating clever, respectful conversations can significantly enhance one’s chances in the competitive dating arena.

Women, meanwhile, have learned to harness this newfound attention. They hold the proverbial keys to the egg vault, and many have become discerning gatekeepers. Modern dating is a delicate balance of vulnerability and pragmatism, where women must navigate the complex terrain of selecting the most suitable partner from a sea of candidates, all while safeguarding their own interests.

It’s essential to acknowledge the biological echoes that persist in this contemporary dating scenario. Men, whether consciously or subconsciously, are still driven to showcase their worthiness, be it through humor, intellect, or financial stability. Women, even as they pursue professional and personal goals, may still seek partners who can provide emotional security and stability.

In conclusion, the biological asymmetry between women’s eggs and men’s sperm continues to shape our understanding of reproductive dynamics. Modern dating, with its interplay of charm and intellect, provides a vibrant canvas where these ancient narratives are recast in the light of contemporary complexities. The enchanting dance of attraction, courtship, and connection reminds us that the primal forces of biology persist, even in the most sophisticated of human interactions.

Oct 26 2023
1 Comment
Culture, informational, Straight talk

7 Issues with dating in 2023

So many opportunities, but are we lonelier than ever?

In the fast-paced, technology-driven world of 2023, modern dating has taken on a new and complex dimension. While technology has made it easier to connect with potential partners, it has also introduced a host of perils that can make the dating experience challenging. In this post, we will explore some of the perils of modern dating and offer insights into navigating this ever-evolving landscape.

1. The Illusion of Endless Options:

The illusion of endless options resembles a buffet line of romantic opportunities, each dish more tastier than the last. It’s as if we’ve all become culinary connoisseurs of love, sampling a bit of this and that, hoping to find that rare, perfect dish that will satisfy our every craving. Yet, amid this smorgasbord of choices, we sometimes forget that the true essence of a fulfilling connection transcends the superficial allure of an expansive menu. In our quest for variety, we risk mistaking quantity for quality, forgetting that a single, thoughtfully prepared course can offer a richer, more satisfying experience than an overwhelming array of options.

It’s a cerebral game, this dating buffet, one that challenges our ability to discern between fleeting novelty and the lasting depth of a meaningful connection. In this world of endless options, the true connoisseur knows that, ultimately, it’s the quality of the ingredients and the artistry of the chef that make for a truly exceptional feast.

2. Ghosting and Lack of Communication:

In the grand theatre of dating in 2023, ghosting and the dearth of communication often play the role of enigmatic disappearing acts, leaving us all in suspense about the fate of our romantic narratives. It’s akin to attending a high-brow play, only to find the actors suddenly exiting the stage without explanation, leaving the audience bewildered and craving resolution. In an era of constant connectivity, the art of vanishing without a trace has paradoxically become a trend. It’s as though we’ve all become amateur magicians, capable of making potential partners disappear with the mere wave of an emoji. This silent symphony of disconnect, while perhaps a consequence of our digital age, challenges our capacity for empathy and honest communication. It’s a riddle for the intellectual and emotional connoisseur, reminding us that the ultimate act of maturity is to engage in candid dialogues, not to orchestrate elusive disappearing acts.

Flaking is also common but these days, getting to a stage to even arranging a meet up face to face is often a battle in itself.

3. Superficiality and Image-Centric Dating:

The intricate tapestry of the social media-focused world presents the peril of pervasive superficiality and image-centric spirits which often appear as if we’re living within a grand art exhibition, where profiles are meticulously curated self-portraits. In a world inundated with meticulously chosen filters and flattering angles, the quest for authenticity can seem akin to unearthing a rare gem.

The paradox here lies in the paradoxical: the more we obsess over projecting an ideal image, the more we risk obfuscating the genuine essence beneath. It’s as if we’re all engaged in a cerebral dance of self-presentation, striving to strike the perfect pose within a digital frame. In this high-stakes gallery, the art of discerning between a genuine masterpiece and an artful imitation is a task that demands intellect and intuition. Ultimately, it’s a reminder that while physical attraction and aesthetics are essential, the deeper hues of human connection require a canvas far more expansive and profound.

4. The Pressure to Define the Relationship:

Modern dating can often feel like a balancing act between casual and serious commitment. There’s an increasing pressure to define the relationship early on, which can lead to awkward conversations and rushed decisions. This pressure to label things can be a peril in itself.

One of the primary perils of the DTR conversation is that it can expose differing expectations and assumptions. Each person may have a unique vision of where the relationship is headed, and these differences can lead to disappointment or confusion if not addressed. For example, one person may be seeking a long-term commitment, while the other may only want something casual.

Opening up about one’s feelings and desires in a DTR conversation requires vulnerability. This vulnerability can be challenging for many people, as it involves the risk of rejection or not receiving the response they hoped for. The fear of being vulnerable can prevent individuals from having the conversation altogether.

5. Digital Deception and Catfishing:

Digital deception and catfishing have become pervasive issues that erode trust and authenticity in online connections. Catfishing, a term coined from the documentary and subsequent MTV show, “Catfish,” refers to the act of assuming a false identity or persona to deceive someone in a romantic context.

The ease of creating fake profiles and manipulating digital information has made it relatively simple for individuals to engage in catfishing. Whether it’s using someone else’s photos, lying about one’s personal information, or crafting elaborate tales, the deceptive practice preys on the vulnerability of those seeking genuine connections. As a result, online daters must remain cautious and vigilant, ensuring that the person they are interacting with is who they claim to be, to avoid falling victim to the pitfalls of digital deception.

6. Endless Messaging with Limited Real-World Connections:

The ceaseless exchange of messages without a commensurate number of real-world rendezvous can be likened to indulging in a Michelin-starred menu with an empty stomach. It’s as if we’ve all morphed into digital wordsmiths, crafting elaborate sonnets of witty repartee and emoji poetry while simultaneously ignoring the delightful cacophony of life happening right outside our screens. This eloquent verbosity in the digital realm, much like a Shakespearean tragedy, can take ages to unfold, yet rarely does it reach the climactic denouement of an actual meeting.

In this Shakespearean comedy of errors, we find ourselves crafting eloquent soliloquies on our screens but often failing to take centre stage in the theatrical spectacle of real-world connections.

7. The Fear of Missing Out (FOMO):

The “Fear of Missing Out” (FOMO) is like that elusive perfect dish at a gourmet restaurant – you’re halfway through your meal, and you can’t help but wonder if the table next to you ordered something even more delectable. With an abundance of dating apps and profiles to explore, the FOMO phenomenon in love and relationships has become an intellectual exercise in optimization. It’s as if we’re all conducting a grand scientific experiment, swiping right and left in the quest for the ultimate equation that balances chemistry, compatibility, and impeccable timing. In this labyrinth of choices, the fear of settling for something less than extraordinary can sometimes transform us into cautious scholars, carefully dissecting every potential connection under our intellectual microscopes. But let’s not forget that while IQ is indeed an asset, the wisest among us might just realize that true wisdom lies in embracing the imperfect, relishing the quirky, and recognizing that love doesn’t always conform to a perfectly logical algorithm.

Modern dating in 2023 is not without its perils, but it’s essential to remember that with every challenge comes an opportunity. I suspect the trends of delaying marriage, and kids will continue with the jaded mindsets that come from the dating marathons most people go through making it harder for people to form long lasting bonds.

Jul 23 2023
3 Comments
Culture, Informational

Once Undateable, Forever Undateable.

Everyone wonders what happens to those girls that you dated and didn’t work out with. A guy still in love may think that said girl will move on to a better guy. But perhaps the opposite occurs, they move on to a guy who may seem to be lesser on paper. But often it’s not so clear cut.

Toxic characteristics in girls (or guys for that matter) rarely ever go away. You simply can’t change a person. They need to change themselves. This usually doesn’t happen and is less likely to happen with age as people become more set in their ways and more stubborn.

For example, a girl with a horrible upbringing with poor parenting that instils levels of insecurity that is foreign to a normal person, may require excessive levels of validation that may not come naturally to a man who was raised in a more loving household.

Now, imagine this couple having difficulties in their relationship where the girl can’t see the hard work the guy puts in and the guy feels like he’s done everything and more but always feels like its not enough for the girl.

The clash, they fight, they break up.

Now do you think the girl will suddenly be filled with validation in her next relationship? Sure, she’ll learn bits and pieces from this failed relationship and often be placated by her friends that she deserves more. The guy will probably be more selective with whom he dates going forward, being more mindful of girls and their childhoods / relationships with family members. In the best case scenario, they find people who are more suitable for their needs and if they don’t they just repeat the cycle until someone is willing to put up with them, and this can take time.

The following examples are ones I’ve seen in people I know.

Girl A:
– Wealthy parents who gave zero attention to her whilst growing up.
– Need for validation and liberal upbringing meant she rode a ton of cock in her late teens and early 20s whilst she went on working holidays and through university.
– Girl has zero morals, entered flings with married men, slept with her taken friends.
– Life riddled with poor choices, excessive lying and emotional instability.
– Hit her late 20s and decided to settle with a dude that’s much lower than her in the sexual marketplace.
– Did 6 years with him then called off the engagement since her desire for fun and need to do better was more important.
Now: Single, riding random cocks on the apps in her 30s. Reality being avoided through short term thrills.

You see this girl, she was destined to be a carousel rider from the start. At most a dude can contain her for a while, but ultimately she’s just toxic on many levels. There’s no point investing time into a pit where a person is inherently a bad person like this.

Girl B:
– Upper middle class family, parents were both around and more attentive.
– Dad openly cheated on mum which led to her innate desire to be a “strong, independent woman”. Parents are still together.
– Spent most of her teens and early 20s abroad studying, obviously riding dicks too.
– Made poor choices galore, riding the cocks of random DJs at clubs, and wasting her youth on derogate types.
– Not very smart on an intellectual scale, hence, does not learn from mistakes.
Now: On Podcasts appearing desperate to have kids after single for a long time. Spends her days running a small fast food shop and will most likely date down to settle as her biological clock winds down

Girl C:
– Grew up in a toxic home where parents had 7 children and weren’t able to give them enough attention or love
– Toxic parenting and an upbringing filled with abusive language, threats, and no affection
– Bouts of severe depression throughout her adult life, attempts at self harm, requirement of long term therapy and anti-depressants.
– Constantly insecure and finds the smallest errors in a man to project a large issue creating rifts and a rollercoaster of emotions which would burn any normal person out.
– Siblings are all either divorced or in unhappy marriages
Now: On apps, looking for a guy for something serious. The reality being, said guy is getting a ticking time bomb who will more likely than not suck them into their toxic pit of misery.

Now the above are reasons why people should set standards and avoid the types of individual that don’t meet them. Why? Because there are some people who are simply not worth dating. Their relationships are often destined for disaster and being dragged down with them simply isn’t worth your time, energy, mental health and most importantly happiness.

Act wisely, set boundaries early and weed out the ones that don’t meet your standards.

Jun 27 2023
4 Comments
Classic, Culture, Informational, Straight talk

“I’m too old for casual”

The above is something we hear too often. Weather it’s on dating apps, public transport, or at restaurants. It’s usually used by women, most commonly ones that are above the age of 30.

So what does it really mean?

There’s numerous schools of thought on this. On one hand, die hard feminists, and lefists will push you to believe that the woman is now ready for a long term relationship due to her maturity.

The other angle is.. she’s ridden a ton of bad boys all throughout her prime years and now is settling down since she knows a) Her time is running out and b) The quality of guy she can nab now is far lower than before.

But also, its an admission, an admission that the woman probably casually rode random men throughout when she was younger, tighter and hotter. They got the goods without any commitment, you sir, you get the used goods with full commitment.

Does it really mean that they aren’t going to spread their legs? Look, when you’ve been brought up to normalise casual bangs as part of your existence (e.g. Most Western women) its hard to let old habits die hard. The reality is, if you turn them on enough, you’ll likely to get them to spread their legs. They’ll rationalise it and regret it afterwards but as usual, not matter how old they are it’s a learning experience.

So next time you hear a girl saying she’s “too old for casual” just know you’re talking to a girl whose given up her best years to guys that got between her legs without any commitment, and is now looking for a parachute ahead of the freefall journey that awaits her sexual market value.

Mar 13 2023
1 Comment
Financial Services, Informational

Living Below One’s Means

I tend to see a trend amongst the social media-addicted crowd these days. The focus on materialism and showing off seems to stem deeply in the crux of their image.

Show off your watch, show off your new car, or the holiday you spend your bonus on. Doing it for the ‘gram has become the holy grail for a generation whereby short-sightedness overtakes the long term build up of wealth. Is it much of a surprise that nearly half of Australians live pay cheque to pay cheque?

So what would you do differently? I understand the current economic environment is a tough with rampant global inflation and a threat of a recession hampering confidence in most.

Here are a few things I’d recommend doing to improve your financial position in the medium term.

  1. Invest in yourself

Most people, especially early on in their careers will complain they don’t earn enough. This is fine, so what I would recommend is think about the career path you’re on and what courses, skills, and attributes that you need to grow and develop to be in a role you want. If you’re in a graduate scheme or progression track weather its CA, CFA, Law or Medicine, then put in all your effort to passing those exams.

I know its hard especially with the long hours of work but delaying the gratification and giving yourself small rewards is the best way to get through the tough times. Having a set goal and lure of a better role, and salary is often the light at the tunnel that keeps most people motivated.

  • Build up a budget

Nothing standard, but it’s the best way to understand your status quo. There’s dozens of apps, spreadsheets, and sites that can help you devise a budget. Be sure to divide up your expenses as essentials and disposable income so you can figure out where you’re able to make cuts.

  • Cut down on expenses

Once you’ve made a budget, go through your list and shop around on making sure you get the best deal. Whether its your phone, broadband, insurance, there’s dozens of price comparative websites that can help you ensure you get the best deal.

  • Always save

A portion of your income, put it away to build up an emergency buffer, my recommendation is 3-6 months of living expenses. Get into the habit of always saving a % of your salary, many banking apps these days can help you do this in an automated manner.

  • Invest

Then once you have built up your rainy-day fund, think about investments, I’d probably start off with Index Funds initially. Have a flick through videos on YouTube or even Reddit. But basically start investing early on in your life to maximising the impact of compounding later on

Feb 18 2023
2 Comments
Financial Services, Informational

Investment Banking – Questions and Answers

I get questions from readers about Investment Banking based on earlier posts where I mentioned work related matters.

So I thought I would provide some answers to the FAQs:

What is Investment Banking?

The definition is something along the lines of helping companies raise funds through debt or equity and broadly advising clients on investment opportunities.

Most of the time in Junior ranks you’ll be editing slide decks and helping with the materials for client meetings and communications. Once you’re a bit more senior you’ll be building out and reviewing models and managing teams

Does it pay well?

In short, yes.

These days I’d say $150k base is fairly normal starting out (Again this varies widely between front and back office, team and bank) bonuses can be as big as your base depending on performance

What are the hours like?

I’d say 12-hour days are the norm for most Analysts, however if you’re working through a complex M&A and the project is at a critical stage you could do more than 16 hours. Think worst for me was an 18-hour day. Also, on average I’d say one weekend a month would be expected.

What are the exit opportunities?

There are heaps of options. Many people try to continue the long hours but trade up for more pay by going into Private Equity. Some go work at clients and do in-house Corporate Development / M&A work. Others move into Technology companies and work in areas like Strategy. It’s a fairly broad spectrum of opportunities with the skillset you acquire.

If you have a good reputation with colleagues and clients there will regularly be opportunities coming up in conversations, but as you understand yourself more and realise what you like and don’t like – you’ll end up being far pickier with roles you’ll consider.

Do you need to go to a Top University?

It won’t hurt if you do. If you’re in Australia, given how small the intakes are, it would be a lot harder to get into an Investment Bank as a graduate from a lower tier University. Overseas in places like the UK or US, it’s a bit more open given there’s a much larger in-take. You can also move into banking as a lateral hire given the right employment background.

What are the different ranks?

Analyst -> Associate -> Vice President -> Director -> Managing Director

Is it for me?

if you’re a driven person whose interested in markets and corporate life you could enjoy it, however, there comes a sacrifice with the hours you’ll do in the job as well as the stress that can have harmful impacts on your health.

Feb 01 2023
2 Comments
Financial Services, informational, Straight talk

5 Things to do ahead of the expected recession

  • Build up an Emergency Fund
    With unemployment expected to rise, and massive layoffs in many major companies recently. It makes it obvious to have money stashed away for emergencies (e.g., Losing your job, medical emergencies and so on). This is not money tied up in the stock market or in property, it is purely cash, the most liquid asset! This could be something along the lines of 3-6 months of living expenses for people currently employed full time and if you’re self-employed, 6 months for living expenses and 6 months of business expenses. This will give you that piece of mind during the period where cost of living is increasing.
  • Avoid high interest borrowing
    Interest rates are rising, and the cost of borrowing continues to increase. So, it’s important now to be paying down on your existing debt. Weather its car loans or credit cards, now is the time to be paying down these outstanding loans. You’ll be getting a guaranteed return on your investment; you’ll be saving on the interest that you no longer need to pay!
  • Don’t realise them losses
    The stock market is quite unstable and has dropped considerably since 2021 in numerous sectors. It hurts waking up and noticing the investments going from Green to Red and it’s tempting to wanting to end it all and cash out before it gets even lower.
    But do not panic sell! I’ve seen smart, talented people in Finance succumb to this, when the times are tough – all logic goes out the window.
    If you’re investing money that you don’t need and have a good emergency fund, it makes sense to have those diamond hands. Look at March 2020, those who sold when we had the first lockdown dip are regretting their choices. Markets came roaring back and history has shown us time and time again that after a dip and stagnant period, the market corrects itself and improves over the long run. Look at the 1979 crash, the dot com bubble, the GFC and so on, they were all overcome. It’s all about time in the market, not timing the market.
  • Buy now
    In conjunction with the last point, when quality stocks are discounted, you should go in and buy up. See it as a sale. I look back at some of my recent gains, and the biggest capital gains I achieved were from stocks I bought during 2020 when the world was in panic mode.
  • Diversify income streams
    It’s always handy to have a few side hustles that you can attain some income from. Weather its selling digital content or monetising a hobby – having fall back options and diversity in income helps when times are uncertain and can help provide you some piece of mind in the event you lose your day job.

Have you made these mistakes before? Don’t sweat it. Don’t dwell on the negative. Don’t spend too much time thinking about past mistakes, you learnt from them. He who clings to the past has no present, and compromises his future.

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