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Author Student Loan Repayments
James
Member

Registered: 1st Jun 02
Location: Surrey
User status: Offline
21st Jul 11 at 11:08   View User's Profile U2U Member Reply With Quote

I think we should have a thread where everyone posts a screenshot of their payslip and bank account to just get it all out in the open TBH.

That way I would know who I need to be nice to

Russ
Member

Registered: 14th Mar 04
Location: Armchair
User status: Offline
21st Jul 11 at 14:58   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Brett
quote:
Originally posted by James
Wasn't really aimed at you. I just find it funny how every time you post something that has an outside chance of relating to how much you earn, you are accused of showing off.

That's CS for you. TI said it best..
quote:
The hootin' and the hollerin', back and forth with the arguing,
Where you from, who you know, what you make and what kind of car you in.


TIP
Paul_J
Member

Registered: 6th Jun 02
Location: London
User status: Offline
27th Jul 11 at 18:16   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Andrew
£450 a month, you must be on a lot of money to pay that much back and have your own place. Or, are you just trying to make yourself look good?



He works for a bank in London and has probably 5 years experience at least, I'd say he probably 'at least' earns that (maybe even excluding the fancy bonuses)

Fair play to him though He's worked hard for it, he just needs to finally upgrade his car to match his salary.

Oh yeah and James, one thing to watch out for - My boss said when he had already paid his back, they kept taking the payments until the next April (due to PAYE etc) - so worth letting them know once you do.
James
Member

Registered: 1st Jun 02
Location: Surrey
User status: Offline
28th Jul 11 at 11:44   View User's Profile U2U Member Reply With Quote

Thanks Paul - I read that somewhere, it seems that you have to keep paying until the end of the tax year and then if you have overpaid, you have to claim it back.

Not ideal but don't think there's a way round it.

Hopefully upgrading my car early next year!
Brett
Premium Member

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Registered: 16th Dec 02
Location: Manchester
User status: Offline
28th Jul 11 at 12:19   View Garage View User's Profile U2U Member Reply With Quote

Save commenting and just give him a blow job next time, Paul
Paul_J
Member

Registered: 6th Jun 02
Location: London
User status: Offline
28th Jul 11 at 21:36   View User's Profile U2U Member Reply With Quote

I'm just jealous of his life decisions

I feel like this kid looking through the window, wondering how to get inside and join in the fun.


James
Member

Registered: 1st Jun 02
Location: Surrey
User status: Offline
28th Jul 11 at 21:40   View User's Profile U2U Member Reply With Quote

You make out like I'm a premiership footballer. I just got lucky TBH. Are you still trying to break into banking?
Fad
Member

Registered: 1st Feb 01
Location: Dartford Kent Drives: 330cd
User status: Offline
29th Jul 11 at 09:07   View User's Profile U2U Member Reply With Quote

You have some serious issues Paul
pow
Premium Member

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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline
30th Jul 11 at 20:04   View Garage View User's Profile U2U Member Reply With Quote

Bloody hell

I'm pretty sure they ARE after tax.

I love not having one as well.

[Edited on 30-07-2011 by pow]
Carl
Member

Registered: 9th May 04
Location: Jimmy Bennett's la la land.
User status: Offline
2nd Aug 11 at 10:54   View User's Profile U2U Member Reply With Quote

I think i'll be paying mine forever and a day, I just think of it as education tax!
Paul_J
Member

Registered: 6th Jun 02
Location: London
User status: Offline
2nd Aug 11 at 11:20   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by James
Are you still trying to break into banking?


Well, I'm not sure. I'd like to, but most developer / banking jobs I ever see are for Quants / HFT / Algo Traders. Then if they're not, they generally say requires x years front office etc banking experience, or requires you to be the guru on .Net Threading.

To be honest, I'm fairly content to the fact I will be moving to london at some point in the near future and getting a job in london. I'd quite like to go work down Old Street at a Start up - but the technology stacks don't always mix with what I use and the pay is generally poor.

I could just go contracting as that's practically what I do now (as we're a software consultancy) but without being under a company.

I could get a job similar to what I do now, but just based in London.

Or I could try to still break into banking
There was a point where I started considering swatting up on certain areas of maths to try to become a quant developer Stochastic calculus, statistics and probability, partial differential equations, and econometrics.

But I'd prefer a pure developer job as I've read a lot recently about the HFT / Quant dev guys just being high pressured monkeys that write out rushed code to please their Quant / Trader in a hurry, but take the fall if things don't pan out quite right.

There's a start up I may apply for, which is a bit of a middle ground - financial services, works closely to hedge funds, founded by ex traders, but based in old street and technically a start up. Offering an ok salary + equity.
James
Member

Registered: 1st Jun 02
Location: Surrey
User status: Offline
2nd Aug 11 at 11:24   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Paul_J
quote:
Originally posted by James
Are you still trying to break into banking?


Stochastic calculus, statistics and probability, partial differential equations, and econometrics.




I'm starting to learn that now, I don't need to for my job but I find it quite interesting. It's pretty hardcore though.
Paul_J
Member

Registered: 6th Jun 02
Location: London
User status: Offline
2nd Aug 11 at 14:31   View User's Profile U2U Member Reply With Quote

Been quite a few posts about people starting their own HFT firms on HN recently:
http://news.ycombinator.com/item?id=2835656

Mostly ex quants / HFT programmers.

http://www.amazon.com/Quantitative-Trading-Build-Algorithmic-Business/dp/0470284889
http://www.opensourcetrader.com/author/wk-selph/

Quite interesting read.
Paul_J
Member

Registered: 6th Jun 02
Location: London
User status: Offline
2nd Aug 11 at 14:32   View User's Profile U2U Member Reply With Quote

Oh yeah and this is quite an enjoyable read regarding applying statistical analysis to anything:
http://www.amazon.com/Statistics-Hacks-Tools-Measuring-Beating/dp/0596101643
Paul_J
Member

Registered: 6th Jun 02
Location: London
User status: Offline
2nd Aug 11 at 14:36   View User's Profile U2U Member Reply With Quote

oh and this was quite interesting:
http://www.infoq.com/presentations/LMAX

Slightly different though

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