Most SWEs in tech have inflated TCs due to stock appreciation. What about SWEs at Jump, Citadel, Tower, HRT, Jane Street? Do their TCs benefit from the all time high stock market?
I think they can contribute to the employee fund which has good returns. They benefit from market volatility rather than high or low markets. Citadel makes bang from high frequency trading by giving their trades time advantage.
You can invest in the stock market without working at a tech company π
No, working at a trading firm severely limits your ability to purchase stocks
There are some disclosure requirements, and cases where pre-clearance is required, but at least for us, this is basically false. I could easily go and buy lots of Tesla stock if I wanted.
Working in finance has no upside unlike tech which is why they usually pay a lot more in cash.
Their TC benefits from volatility of the market.
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Not much upside in TC but former colleague made $8M by investing $250k.
Investing on the side or investing in a fund that they got access to by being an employee at {finance co}?
Details broβ¦