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Without getting too specific, how has working in invesment management helped you with your personal finances and investment portfolio?

Do you, as an investment manager, feel more confident in investing your personal money? I want to be financially literate for my personal finances and confident in my own investments one day. #finance #financial-services #investment-management #investing

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Cory’s Answer

Hi Justine W. from Detroit!


Q. Do you, as an investment manager, feel more confident in investing your personal money? I want to be financially literate for my personal finances and confident in my own investments one day.


A. I was introduced to the concept of money and saving far earlier than my peers. Likely this was due to my being involved in the financial services industry, but it has put me on the fast track to saving more money for retirement(if you want to get specific, read about the "power of compounding").


In the meantime, take a shot at the www.Khanacademy.com (incredible FREE resource) and can help you with every topic you might be interested in, not just finance or investment management.

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Chuck’s Answer

Being both a sell-side and buy-side equity analyst has helped tremendously. Having experience with running detailed financial models, understanding industries and competitors, understanding what institutional investors pay attention to (and to a large degree they are the ones that move stocks outside of program trading that can dominate short-term price movements) and helping me think about what I like to see in a company and its finances have been a big help.
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Parth’s Answer

Although I work as a Technology Consultant, I have finance knowledge since I have cleared Chartered Financial Analyst certifications due to my role in investment banking. I was always good with numbers and wanted to know in depth about investing. My motheris a CPA and has always taught me the importance of saving.

I have enough information about stocks, bonds and various other financial instruments including derivatives, alternative investments and hedge funds to make a good conversation with a finance specialist. This helps in protecting my money from bad schemes which the sales people want to put down your throat.

I was able to invest my 3 years' of income (after undergrad) properly and sponser my masters entierly without taking a single dime in student loan.

Let me know if this helps.
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