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Top skills for women who want to succeed in investment banking 

Top skills for women who want to succeed in investment banking 

Today women are ready to take up challenging jobs that demand them to prove their talent and caliber. Women no longer shy away from pursuing financial careers that require them to have amazing analytical skills, numerical ability and a diverse set of intellectual skills. Investment banking is one such branch of financial careers that a lot of women are considering these days. What does an investment banker do? An investment banker facilitates large-scale transactions between two firms, between the market and a firm or within a firm. To become a successful investment banker, you need to have some vital tangible and intangible skills that will help you survive amidst the cut-throat competition in the financial sector. Here are some top skills that will help amateur women investment bankers to up their game and succeed in their investment banking career. Detail oriented A successful investment banker is bound to possess an intellectual curiosity that you rarely see and the desire to solve complex puzzles. Investment bankers don’t have the luxury of minding their own business and just performing individual tasks assigned to them. They need to study and understand the broader picture and constantly be updated with the volatile global economy.
Things you should know about investment calculators

Things you should know about investment calculators

Investments made today will financially secure your future. There are numerous technical jargons and computations to be understood in order to find the best return options for your investment. This process has been simplified with the introduction of investment calculator software online. These calculators give an accurate estimate of what type of investment will yield the best return. Interesting facts about investing Age makes a big difference when it comes to making an investment, which is why the earlier you plan to start, the better will be your yield on the total investment. If you were born after 1960, the ideal age to retire would be 67 to reap full benefits on any investment you plan to make over the years Savings for retirement will include everything from your 401Ks to other financial retirement instruments, apart from the money you had earmarked for retirement Monthly contribution for the investments you plan to should be at least 15% of your paycheck. This is the money you set aside for retirement Popular types of investment options include Cash Deposits, Bonds, Stocks, Real Estate, and commodities. You can find useful investment calculator software for different types, to help accurately estimate the return on investment Standards and Poor index is an effective benchmark and reference index, which is also one of the most commonly followed equity indices with a market capitalization of $23 trillion.
Penny stocks- The untamed stocks of Wall Street

Penny stocks- The untamed stocks of Wall Street

Individual investors across the country consider penny stocks to be Wall Street’s Wild West. This is because these stocks hardly cost any penny, and are detached from all the glitz and glam that all the other stocks at the NYSE and NASDAQ garner. The Securities and Exchange Commission considers anything under $5 to be penny stocks. Although away from all the attention, penny stocks have gained notoriety due to scams and corruption in the past. Buying penny stocks These stocks are not usually traded on normal exchanges, but you can still buy them through your local stockbroker. This is regardless of the fact that it’s listed on major exchange or not. Penny stocks are traded on stock listing services like OTCBB or Over The Counter Bulletin Board and pink sheets. However, unlike OTCBB, pink sheets are not verified by SEC hence the stock listings provided by pink sheets might not be legitimate. Potential payoffs It is the volatility of the penny stocks that make the investors put in their money into penny stocks keeping in mind all the risks involved. People invest in penny stocks because they believe that the stocks will jump from $0.05 to $5 in under a week, which has happened in the past.