June 2013 Top Reading

Here are the top articles that I've read in June and found very interesting to share with you:

 "Where to put money as you whistle past Wall Street Ghost of Crisis Past haunts investors five years after credit crunch trigger" by  Polya Lesova

Mutual Fund vs Hedge Fund

Once you have some money that you want to invest into something you might face an option of whether to put your money into a Mutual fund or a Hedge fund. Well, they are both pooled funds and both deal with investments but what's the difference then? Here they are:

1. Investors

Mutual finds have no limits on the number of investors so anybody who has money to invest can participate.

CFA vs MBA

When you think of breaking into Finance Industry you may think of to options: getting CFA or getting MBA. They are both well- respected and appreciated by employers. So which of them to choose?

MBA was designed to give managers a broad and more sophisticated knowledge about business. It covers different aspects of business and introduces students to different subjects like Finance, Accounting, Marketing, Informational Systems, Law etc. So if you finished your Bachelor's in Finance you could take MBA to see what else is there in business industry except finance and how it all works together. It gives you a very good idea of how different sectors of a huge business world collaborate with each other. Having MBA might be a requirement for those who seek for a promotion.

Why Finance Jobs Are Overpaid

Finance jobs are so attractive to those looking for wealth. Entry-Level positions start with paychecks that a middle-size manager in any other industry gets after years of experience. To say nothing of the bonuses which sometimes are equal to the paycheck itself.

A survey has revealed that 75% of financial industry employees think that their colleagues are overpaid. You can get used to the idea that someone gets more money than you do if he or she is extremely smart and works more and harder. But  what really surprises people is that it's pretty much the opposite. Those who get weighty paychecks are usually common people without any bright past or future,  with pretty passive attitude to work and doubtful presence of knowledge in their heads.