Equity Analyst Compensation in Toronto

“PS: You do not want to work for CIBC, trust me on that…” What’s wrong with working at CIBC?

turk, can I send you an email? Wow. Living at home would suck…I don’t care how much you save. I don’t think I could sit around and watch the CTV News and Land & Sea with my father every night…it’s OK everynow and then…

Yes…

Hali, can you send me a e-mail too. I would like to hear your thoughts on CIBC. paul_336@hotmail.com

No no post your thoughts here, I wanna here about CIBC too…

Living at home for two months would have bought me a plasma, furniture, maybe an extra suit or two… I’m getting tired of watching my net worth go further into the red than closer to the black. But I completely agree that the freedom is worth it (my mom was a Rita McNeil/Anne of Green Gables fan growing up). Got my first sales call from my alumni association last night saying I could pre approve my credit card to send them monthly donations; like I want more debt attributed to my education at this point. CFA_Halifax Wrote: ------------------------------------------------------- > turk, can I send you an email? > > > Wow. Living at home would suck…I don’t care how > much you save. I don’t think I could sit around > and watch the CTV News and Land & Sea with my > father every night…it’s OK everynow and then…

paully, I know nothing about CIBC, other than they always find themselves in trouble every bust and have really annoying commercials… I don’t know anything about working there, nor have I, or any of my close contacts. I can still make contact if you’d like to discuss other things…

doworkson Wrote: ------------------------------------------------------- > Living at home for two months would have bought me > a plasma, furniture, maybe an extra suit or two… > I’m getting tired of watching my net worth go > further into the red than closer to the black. > But I completely agree that the freedom is worth > it (my mom was a Rita McNeil/Anne of Green Gables > fan growing up). > > Got my first sales call from my alumni association > last night saying I could pre approve my credit > card to send them monthly donations; like I want > more debt attributed to my education at this > point. > LOL yeah that’s another common one. I guess I should be careful I don’t s8it where I eat in terms of Rita, she is a bluenoser, even if a very jolly one! It’s true, living on ones own sucks from a financial standpoint, but I guess the thing is it’s better for everyone if your out on your own. People tend to always have a reason not to make the jump. When in school, they’re broke. First year out, only make say 40, not enough. Then maybe 50, still too tight etc. Eventually you need to jump in w/o looking. I still sometimes hit cash jams and borrow a few bucks from my parents, I think they’d rather that than me living with them, though I admitadely couldn’t seeing as how they live 100 miles from my work. But that’s besides the point.

Go work for the government. You’ll make twice the money working half the hours. Then save up and go do your MBA and enter finance at that point.

I hate to be mean but if you guys are honestly of the types who look to jobs that pay $45K to $50K then you guys are in BIG trouble career wise…may-be not the 25 year olds but if you’re 30+ and seriously considering jobs with a base pay of $50K then something is really very wrong with your career. If you aren’t making $250K by the time you’re 35 then - and I really challenge anyone here to debate this point with me - you’re NEVER [ever] going to make that kind of money. Think of it this way, a basic to intermediate level condo in Toronto costs roughly $700,000, today. So that’s the kind of price range you need to keep in mind. What kind of serious analyst takes the Go Train in from Burlington or Whitby to their important Bay Street position? And that’s precisely where you guys will have to live to afford having $50K/year jobs…and that’s with a spouse supporting you. Now once again, let me be clear, this isn’t a shot at the 25 year old kids who just earned their degrees and still get drunk every night with friends. However, if you are 30+ then you really need to figure out what it is you are doing wrong. You know there are guys on Bay Street worth $100,000,000+ and this is just little old who gives a dam Toronto. Instead of getting a fourth of fifth designation or degree, how about wine tasting, golf or learning to dress professionally? Honestly, if there is one thing I learned in the United States it’s that if you look like you are successful people will think that you are. Willy

Ahhh, good ole WillyR… Willy boy, you seriously NEED to learn to sh*t up, otherwise you can kiss your dreams of becoming a wine-tasting, golfing high-flier goodbye. And yes, do keep the sharp dresser habit which you picked up in that centre of the known universe, the (stand to attention, please) UNITED STATES OF EMIRIKA.

$76,000/year eh 4-Castles? Wow. Congrats. Middle class, in Maple. Look 4Cs, I’m not trying to sound like a dink on purpose, I’m just trying to light a spark under some of these guys with Masters degree who are applying for jobs than pay $35,000. I mean that’s just lunacy. Willy

fourcastles, anybody who is worth their salt works in the center of the universe. are you there yet?

billwest, would that ‘center of the universe’ be London? Because that’s where the innovative financial engineering is at these days. willyR, ok, peace. I got carried away there, I see your point.

actually i was thinking more of the dead sea. that’s where all the salt is!

WillyR Wrote: ------------------------------------------------------- > I hate to be mean but if you guys are honestly of > the types who look to jobs that pay $45K to $50K > then you guys are in BIG trouble career > wise…may-be not the 25 year olds but if you’re > 30+ and seriously considering jobs with a base pay > of $50K then something is really very wrong with > your career. If you aren’t making $250K by the > time you’re 35 then - and I really challenge > anyone here to debate this point with me - you’re > NEVER going to make that kind of money. Think of > it this way, a basic to intermediate level condo > in Toronto costs roughly $700,000, today. So > that’s the kind of price range you need to keep in > mind. What kind of serious analyst takes the Go > Train in from Burlington or Whitby to their > important Bay Street position? And that’s > precisely where you guys will have to live to > afford having $50K/year jobs…and that’s with a > spouse supporting you. Now once again, let me be > clear, this isn’t a shot at the 25 year old kids > who just earned their degrees and still get drunk > every night with friends. However, if you are 30+ > then you really need to figure out what it is you > are doing wrong. You know there are guys on Bay > Street worth $100,000,000+ and this is just little > old who gives a dam Toronto. Instead of getting a > fourth of fifth designation or degree, how about > wine tasting, golf or learning to dress > professionally? Honestly, if there is one thing I > learned in the United States it’s that if you look > like you are successful people will think that you > are. > > Willy Spoken like a true jack@ss.

Come on gents, give me a break. You know, or should know, by now that I am not [intentionally] trying to be a butthole. I’m just trying to stimulate some spark, some emotion and - yeah I’ll say it - some greed among the traditional course junkies that frequent this board. I mean don’t you guys want to have big air conditioned homes with swimming pools and fancy German sedans parked out front? I know I sure as hell do. I just find that these endless discussions about this Charter vs. that Charter or this MBA vs. that MBA or this financial modeling course vs. that modeling course to be somewhat pointless. Willy

WillyR Wrote: ------------------------------------------------------- > Come on gents, give me a break. You know, or > should know, by now that I am not trying to be a > butthole. I’m just trying to stimulate some spark, > some emotion and - yeah I’ll say it - some greed > among the traditional course junkies that frequent > this board. I mean don’t you guys want to have big > air conditioned homes with swimming pools and > fancy German sedans parked out front? I know I > sure as hell do. I just find that these endless > discussions about this Charter vs. that Charter or > this MBA vs. that MBA or this financial modeling > course vs. that modeling course to be somewhat > pointless. Amen.

Hate to say it…completely agree with Will on this one. Someone had to say it.

Great posts Willy, I couldn’t agree more.