Secret Finance

Hiroshima, Get Over it asked:


Many 401k funds offer GICs (guaranteed investment contracts).

Are these likely to be at risk or affected because of the current problems banks are having with sub-prime mortgages?

Jared asked:


What kind of math is involved? How difficult is the job in general? As an MBA graduate, will you be prepared to enter the field of investment banking?

Ty C asked:


Im 17 and a senior in high school. im not sure how the 401k plan works, but i would love to take advantage of it for college if possible.

jewlz =) asked:


I have a project, and this is the directions…

“Visit 3 seperate banks. Be sure they are Different Banks, not two branches with the same bank name. Obtain materials like brochures and pamphlets and speak with representivies to obntain answers to the follow questions for each bank….etc.”

what does it mean by different banks, not two branches w/ the same bank name???

what 3 banks do i choose then ??

sinceredollars2005 asked:


What degree is needed to obtain a career in finance / investment banking?

fezi asked:


I have been accepted in London Metroplitian Univeristy for Insurance, Investment and banking and finance degree?

I have no idea which one to go for ?

hchau115 asked:


I am currently working in taxes, doing corporate and individual tax returns.
Does my current job add any value to my resume when I apply for an investment banking internship?
If not, what can I do to enhance my resume, in hope of landing an ibanking internship?

Dave asked:


I keep hearing people talk about investment banking, corporate banking and private banking. Can someone please clarify for me the difference (if any) between the three.

Many Thanks

Peggy Pirate asked:


People at work have been complaining that the companys retirement plan sucks. We have 403b matching up to 3% and they put another 3percent without us having to do anything. Most people don’t do it. All they have to do is open the accound and they get 3 percent free but they don’t.
Now they are asking the company for 401k plans and the company refused saying we already have a really good plan and you can do it on your own if you want.

So why do they think 401K plans are so great? I’m thinking it is just them being stupid.

feliciadaniel_s asked:


I will starting college this Fall and will be well on my way to getting a Masters in Business. I want to work in investment banking. Can anyone help me figure out where to go in Alabama to work in this field? Also, what should I do in college to stand out? Courses to take, double majoring, etc.

Thanks!
Also, can anyone help me figure out what the starting salary is for a 1st year associate & what it would be in Alabama?