How many online pros average +500k a year in the world?

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D,

"the comparison to some corporate employee is ridiculous, especially in the propaganda style way ElD presented it."

It's less a comparison and more an observation.

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The average American earns approximately $15000, although this is also kinda irrelevant tbh...

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It's also really wrong - GDP per capita PPP is $44,000 (2006 est) says CIA World Factbook.

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It may be correct if by "average american earns" he is literally dividing the population (300 millionish) by the total earnings, but that would be a misleading way of presenting that number.

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is there any way to find out how that number would change if you took out the top1% from the sample

[baronzeus]

MEDIANS

full ytime, year round, males (1997): $35248
full time year round females (1997): 26029

[KingDan]

Can someone give me a ballpark about how much someone just out of college/grad school can expect to make on Wall Street?

[KurtSF]

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dont look at average, look at median

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What's the median wage in the US? I'd be prepared to bet it is closer to $45k than $15k

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I was going to post "I'll take that action," but then I looked it up.

Its close, but at $35,449 the average wage in the US (in 2005) is closer to $45k than $15k. linky

Given that there are certainly obscene earners of $200k plus in that sample, I think its actually pretty close whether the median is closer to $45k than $15k.

I'll still take $15k. Can anyone googletard better than me and find the median?

[baronzeus]

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Can someone give me a ballpark about how much someone just out of college/grad school can expect to make on Wall Street?

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around 100K your first year, 150-175 your second year, 200-250 your third year, and can go up exponentially from there if you are good

[baronzeus]

i just [censored] posted the medians, it's probably combined really close to 30K which is right between 15 and 45 so you are all wrong

[KurtSF]

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Can someone give me a ballpark about how much someone just out of college/grad school can expect to make on Wall Street?

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Ballpark? Somewhere between $0 and a quarter million your first year. Roughly.

[KingDan]

Are a large percent let off before they work three years, or are you basically set once you get the job?

[EmpireMaker2]

Average 500k a year could be making 2 million one year and breaking even every year for 3 years after that that makes the number a little higher. Still I would think its 100-150 people because as most said no one puts in enough hours, and everyone plays games over their skill level.

[KurtSF]

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i just [censored] posted the medians, it's probably combined really close to 30K which is right between 15 and 45 so you are all wrong

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Sorry, post lag.

Would we want to count part-time workers and the unemployed? Where'd you find the numbers?