It has been a busy and difficult past few months with the pandemic going on and I am balancing my (1) work duties with (2) trading in the local stock exchange and forex market and with (3) life. Eek!
But silly old me wanted an MBA! Meowohoho⌠my fellow traders have advised me not to take the MBA as they cautioned itâs not worth the cost and effort for the benefits.
(A) The kitty trader in me says focus on tradinâ and get rid of the day job ASAP!
(B) The kitty worker in me says trade but keep the job and advance your professional goals too with an MBA!
At the same time that tasks on my day job became more demanding, I did not expect the MBA to be a hassle with all the requirements they ask of us. These past days, my free time has become scant and with all the combined effort and stress, I may be feeling a bit of buyerâs remorse with the MBA!
Any word of advice from the old geezers in here with more years n wisdom? Much appreciated.
Now Iâm older (and wiser??) I only regard a degree as good value as a passport, not as a licence. I used to think of a degree in subject X as the only way to get a job in sector X. So if you want to be an engineer, you get a degree in engineering.
Which was a great policy if you knew at 16 that you wanted to be an engineer when you were 21 and you could also be pretty sure you would still want to be doing it at 31 and 41 and 51. But this is not the case for most people. In any case, there are more jobs without a subject-specific degree requirement than with one.
Now I regard a degree as a passport into the interview room. All I ever knew was I wanted a job where I did not have to work hard physically and which paid enough for a car, a house and an annual foreign holiday. Any job demanding a degree level education would do that, the degree subject is not so important.
Oh yes. This is why I took an MBA (more general) rather than an MSAC (specific path) so this kitty can move both vertically and horizontally in the broader organization.
For me, itâs the catfight between the trader me and the worker me vying for dominance in the path Iâm gonna take. To be kitty honest Iâm torn a bit on where the road branches and where I cutoff one path or the other.
When I originally set my plans, my original idea was when Plan B (trading) starts, Plan A (working) dies. But they seem to have coalesced into a (sometimes) coherent plan. Thatâs where the dilemma starts as there are compromises with this mixing.
I guess sometimes Iâll shoot from the hip, hope it works, adjust as needed and figure it out!
Amen to dat!
Thanks for the insight! This kitty appreciates your input!
You are abviously young and Iâm thinking probably male.
However the answer depends on where exactly society sees you on the âIntersectionality scaleâ - You only have a duty to advance YOURSELF and that seems to be the mindset you have at the moment. The coursework of an MBA or any other âNon-stemâ âDegreeâ is likely to come with a huge dose of âWhite male guiltâ indoctrination, which will only serve to detract and deflect your mind Away from that mindset.
Furthermore IF you fall into the âGuiltyâ category, you can cnfidenty expect to be actively discriminated Against in any occupation for which your MBA would seem to be an advantage.
I have done a number of threads around this subject - here is one ;
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Please do feel free to comment, ask questions or tell me to âGo awayâ
one thing I wouod strngly consider is "How much does your MBA cost " ?
[Edit - PS - I like your âlife plan thoughtsâ ]
Iâm aware of the indoctrination that goes on at Uni but I had not realised it has filtered into MBA programs too - that is unless your doing one in gender studies - is that even possible ?
Every Corporation has itâs âDiversity Officersâ and âHRâ depts are infested with âWokeâ - Iâm convinced that NO course at uni can avoid having itâs students subjected to a constant âdrip-dripâ of ârightthinkâ - but more to my point is the blatant discrimination AGAINST men and specifically White men in every institution and even enshrined in law, which leads one to seek perhaps an alternative way to excercise Competence and even Excellence, which cannot become victim to this suicidal mindset.
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I have a bit of a height complex Iâm only 5â7.
Iâm sure Iâve been looked over for high power jobs, Iâm sure woman have refused to date me, and according to statistics I will die younger, be less happy and be in a low income bracket than men over six foot
Iâve been overlooked for sports teams too
Canât wait till the left take up my cause.
And Iâm awarded jobs and put on boardrooms of Fortune 500 companies because of my lack of height.
I wonder if I identify as a tall guy will I get to date a supermodel - and if she refuses can I take legal action?
Lol
This woke stuff is getting far too silly - but I actually believe there is a slow recognition of how silly it really is (IMO)
Yess! This cat mainly considers this point of personal n professional growth thatâs why I took the kitty jump!
Yes, thatâs whatâs happening right now! My focus is beinâ taken from its benefits!
Very interesting read. I guess this dilemma Iâm having is sort of a universal one for fellow market enthusiasts.
Yeah, when you come to think about it, it does feel like the âsystemâ is rigged when you look at it that way.
You have a good point in that post there.
One of my main concerns too but as this year has been very good to me, I am able to offset trading gains with tuition and miscellaneous fees.
20 odd years ago - I was dragged to one of Robbinsâ Seminars in an Auditorium in London by a guy who used to be in the same âShare-clubâ as me
All Positive thinking, NLP, singing and hugging each other as I remember !
However, the 2 of us changed each otherâs lives completely after that seminar !
On the way home he said heâd be glad to get home so he could find out âIf Iâm still inâ ! - turned out he had a Spreadbet running on the DOW - ÂŁ20 a point and 100 points stoploss ! - âAre you doing any good then ?â I asked when he explained Spreadbetting to me in outline ! "Iâm ÂŁ40,000" up says he !
So now here I am on Babypips ! - but he also introduced me some time later to the guy who became my accountant and is now a close friend - AND the âSuper-Salesmanâ whose wedding I went to in Poland years later.
And I introduced him to the Housing market which was incredibly undervalued at that time !
He made a LOT of money on that and eventually emigrated to New-Zealand - on the proceeds.
Did the "Robbins seminar " work ? - Dunno !
All too âNLPâ and âbrainwashyâ for me !
But thanks @QuadPip for bringing back that memory !
Well after that meet - I started Spreadbetting the DOW ! - I didnât know anything really - just looked at how it was moving on Bloomberg and rang my bets in ! started at ÂŁ5 a point and won some lost some. After about 4 months I was pretty even so I jacked in the job, bought some books (a LOT of books), and employed a woman to keep my place and my files tidy - and went âFull-timeâ - on the basis that the more Iâd learn the better I would become !
I did make some money after a while - but my all-consuming passion dampened and I developed a system which was pretty infallible - but only gave me 1-2 bets a YEAR ! if that - but each time I could get a BIG return - so I thought I could work and just âkeep an eyeâ on the charts - take the bets when they came up !
Then I kept getting better and better âContractsâ - and Women kept popping up all over the place and demanding my attention - I felt like 40++ teenager ! - so life got pretty hectic and I was loving it all ! - Completely forgot about the charts - and started Learning other stuff (mainly psychology stuff - I love learning stuff)
Thank you for the awesome advice! I read this story before but with Alexander the great. To be honest, about a year ago, I actually thought of resigning and focusing on trading. But my own buddies talked me out of burning my ship. They were right. hehe⌠(Im a pretty extravagant kitty so my trading income is still below my spendinâ level)
But I know all this is me trying to find excuses to stay in the safety of my ship. I know in my soul I am meant to burn my ships and take the island. I can feel itâs close.
My journey has been slow and cumbersome but I know in my kitty heart there will be day when I MUST do it! To elevate my trading game level, Iâll need to ride without the training wheels.
One day I will burn my ships and take the island and Imma celebrate when that day comes! You will be among the first to know when I finally do it!
Wise buddies! I should be careful how I put things. I was talking in context of your MBA, in that you should not add to your fleet. But you should prepare for your transition by ensuring that you have sufficient capital to survive any drought periods. Take your time but donât waver from your goal of becoming a professional trader.
I thought I did ! (âJacked in the jobâ in Uk is a synonym for âresigningâ or âWalking out onâ âŚ)
Whether @Imperator_Cat should âjack it inâ or not - is a matter for him to decide - at the end of the day - he is a young man - obviously bright and says he is already trading positive ! - What a superb place to be in !
Oh yess. Thatâs why I havent burned the ship just yet. When Iâm ready, I mean really ready, I shall!
Some setbacks caused this adjustment in plans hence the MBA. But as they say, change the plan, not the goal. Plan B is still the goal.
I will jack in the job as well soon! The goalâs timeline has been adjusted but the goal remains the same - whatever it takes!
- I felt like 40++ teenager ! - so life got pretty hectic and I was loving it all ! - Completely forgot about the charts - and started Learning other stuff (mainly psychology stuff - I love learning stuff)