As far as I’m concerned, in college you’re supposed to do two main things:
1. Acquire enough marketable skills through coursework, internships, extracurriculars, etc… so that you have a number of entry level opportunities to choose from upon graduation.
2. Explore the various career paths that are available within your field of study so you can determine what you enjoy and would like to pursue upon graduation.
You’re also supposed to have some fun along the way, and I do, but I’m not paying $28,000/yr to go on a four-year vacation. That’s just me though.
You’re probably thinking “This is a trading / investing blog; why are you bringing this up here?” Mainly because there are probably a lot of people my age in a similar spot and I think that sharing my current thoughts on my situation may help them.
For the past two years I’ve been gained exposure into the worlds of corporate accounting, investor relations, buy-side research, sell-side research, trading, consulting, wealth management, economic research, and a few other areas of business. I’ve liked trading and top-down technical research the most, by far, but I still have some reservations about pursuing trading or asset management as a career. What I’m getting at is, I graduate in 15 months or so and still am not totally sure what I’d like to do with my life. Indecisiveness happens, just ask anyone who’s ever gone to lunch with me at a restaurant with more than five items on the menu. It’s fine, most 20 year olds aren’t 100% sure about what they want to do, but what does that leave me to do right now?
Well, if anything, it tells me I need to continue to improve my marketability by acquiring new skillsets and figuring out what direction I’d ultimately like to go in by exploring a few more career paths through internships (i.e. the deals side of finance world or corporate finance roles).
As a result of my shift in focus, there will be a slight change in the types of content I create on this site.
1. I won’t be paper trading anymore as it’s too time consuming and isn’t as big a value add to me now that my goals have changed a bit. Also, having a short-term focus on markets is a drain on mental capital when the rest of my goals are long term in nature.
2. I’ll be adding content on fundamental analysis that will include posts on concepts as well as actual research.
3. I’ll be adding a new social media account on estimize to share my earnings estimates.
What won’t be changing is my focus on creating quality content to help you all better understand financial markets. Oh and the sarcasm, but that was a given wasn’t it?
The bottom line is; it’s okay to change your mind and not be sure about things, just make sure you learn from each experience along the way so that you can improve yourself a little more everyday.
As always, if you have any questions feel free to reach out and I’ll get back to you as soon as I can.