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Old 07-10-13, 06:52 AM   #16
Onkel Neal
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What it means is that when I espouse my socialist, liberal, commie, left-wing, pinko opinion on taxing the rich, it means I'll have some skin in the game and I'll be talking about myself.

I used to say to my right-leaning friends "You know, I HOPE I have to worry about taxation on the rich. It means I'm RICH!"

Congrats! That's great news.

And if you start leaning right, don't sweat it.
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Old 07-10-13, 08:28 AM   #17
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I can't tell anyone at work, as it's yet to be announced, and I need to tell someone.

I just more than doubled my annual income today. I was offered a position as a municipal bond trader. I jumped all over it as if it was a busty redhead with a few beers in her. It's variable...you get a commission based on the volume of business that your desk does at work, but I have a guaranteed minimum salary (even that is more than I'm making now) if things go really south. But the average salary for this position has been pretty lucrative in past years. I am friggin over the moon.

I am having my celebratory steak and beers in our newly built home that we just moved into two weeks ago. To paraphrase from The Simpsons: "Everything's coming up Mookie!"

That is great news. Glad to hear it. Hard work pays off. There has been plenty of threads discussing that fact. Start doubling your 401k contributions.
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Old 07-10-13, 08:29 AM   #18
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And if you start leaning right, don't sweat it.

:ha r:


That is priceless friend!
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Old 07-10-13, 08:56 AM   #19
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Congrats! That's great news.

And if you start leaning right, don't sweat it.
This whole story sounds very Biblical.



Mookie's road to Damascus.


All in good fun.

So what's in a typical day for you? (work day)
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Old 07-10-13, 09:21 AM   #20
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Congrats Mookie.
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Old 07-10-13, 11:01 AM   #21
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Good luck with the new position.
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Old 07-10-13, 01:38 PM   #22
mookiemookie
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Originally Posted by nikimcbee View Post
This whole story sounds very Biblical.



Mookie's road to Damascus.


All in good fun.

So what's in a typical day for you? (work day)
If my firm underwrites a municipal bond deal (meaning that we help the issuer get the deal to market - they get the funds they need to build a road, school, sewer system, etc. and we get the bonds) - then I would help oversee our sales force's efforts to market the bonds to their customer book.

My desk also would trade bonds with other broker/dealers on the street, meaning that if another firm had attractive bonds on their inventory that I think were a good deal and that our salespeople could sell, I would buy those bonds and hold them in our inventory while our salespeople worked them. If the market moves and those bonds started looking bad, we would sell them to other dealers on the street.

Wheelin' n' dealin' mainly.
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Old 07-10-13, 09:45 PM   #23
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Maybe you'll get that boat now?
Then he'd end up doubling his annual income while tripling his annual expenses.

Congrats Mookie! Good luck in the new position.
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Old 07-11-13, 07:56 AM   #24
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Then he'd end up doubling his annual income while tripling his annual expenses.
The proverbial hole in the water a boat is.
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Old 07-11-13, 12:22 PM   #25
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Congrats, mookiemookie! Please try not to run over us little people as you drive by in your soon to get luxury car...

<O>
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