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A blast from the past

Posted 11-07-2009 at 08:09 AM by Demolition Man [Show Appreciation] What's This?

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Hey folks!

I've been off the radar for quite some time now and I thought I'd just check in to let you guys know that I'm still alive and kickin'!

The reason why I've been so inactive is that I've been seriously studying my ass off this fall. Like 12-13 hours a day. And since it is economics that I study, I haven't really had the interest to discuss economics in my spare time as well. But every now and then I still grab a trading book from my bookshelf. There's just something about trading that I'm drawn to.

So, I've been forced to make a choice between my studies and stuff like InformedTrades and as you guys probably understand, my studies are a priority right now. But the market isn't going anywhere and there's plenty of time to get into trading in the future. I just can't do it all at once. But I'll try to check in every once in a while from now on.

But anyway, what's cookin' with you guys? And what's been happening with IT? I'd love to hear an update from you folks!

-Demolition Man

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1. 	Hi Demolition Man! I wish you good luck in your studies, I know you are doing the right things. And maybe later we can talk about economics or so See you around!
   	Posted 11-07-2009 at 02:33 PM by Ruben.. [Show Appreciation] What's This?

2. 	hey demolition man, good to hear from you! we're adding all sorts of stuff to informedtrades, as you may have noticed, and got lots more on the way. we're also growing in traffic, and experiencing some growing pains along the way. hope school is going well. hopefully the economics they are teaching you will be applicable to the markets -- that way you can earn your tuition back through trading!
   	Posted 11-07-2009 at 06:14 PM by Simit Patel [Show Appreciation] What's This?

3. demolition man, Good to hear from you, keep you priorities straight, the markets will be there after your done with school. I am in my mid forties now and my health prevents me from attending school, I think looking back that if I could do it again I would have pursued an education in economics, it is fun to think about a life of trading the markets to pay the bills and to be free to write ground breaking economic papers, or to advise ceos of the worlds top corporations. I do envy you, and wish you the best of luck. I have been trying to further my knowledge of macroeconomics, and how it effects us as retail traders, I plan on posting a weekly blog on IFT with the hopes of furthering my education and contributing something back to the site, I look forward to any comments you might have.

   Posted 11-08-2009 at 12:29 AM by jheiman66 [Show Appreciation] What's This?

4. Quote: Originally Posted by Simit Patel hey demolition man, good to hear from you! we're adding all sorts of stuff to informedtrades, as you may have noticed, and got lots more on the way. we're also growing in traffic, and experiencing some growing pains along the way. hope school is going well. hopefully the economics they are teaching you will be applicable to the markets -- that way you can earn your tuition back through trading! Hey there Simit! Good to hear from you too! Earning back my tuition shouldn't be too much trouble, since almost all education is practically speaking free here in Finland. The tuition fee is about 80 euros per year, and it includes a health insurance. Moreover, students get about 400 euros study grants per month from the state -- just for studying at a university. How do you like them apples. Anyways, the degree that I'm working on is called Master of Economics and Business Administration, so I'm quite confident that it will be a lot of help from the standpoint of trading. This fall I've enrolled on Asian Business Cultures Study Program which is pretty interesting. I'm hoping it will give me an advantage in figuring out the Yen a little better. I've got an exam coming up on tuesday on a course called Asian Negotiation Techniques, so wish me luck! -Demolition Man

   Posted 11-08-2009 at 03:06 PM by Demolition Man [Show Appreciation] What's This?

5. Quote: Originally Posted by jheiman66 demolition man, Good to hear from you, keep you priorities straight, the markets will be there after your done with school. I am in my mid forties now and my health prevents me from attending school, I think looking back that if I could do it again I would have pursued an education in economics, it is fun to think about a life of trading the markets to pay the bills and to be free to write ground breaking economic papers, or to advise ceos of the worlds top corporations. I do envy you, and wish you the best of luck. I have been trying to further my knowledge of macroeconomics, and how it effects us as retail traders, I plan on posting a weekly blog on IFT with the hopes of furthering my education and contributing something back to the site, I look forward to any comments you might have. Hey there, jheiman66! I always enjoy hearing advice from more experienced people than me, and a lot of those people emphasize on the importance of patience in life and not rushing into things. It's a funny thing that the older we get, the more patience we have. It would be awesome to be able write ground-breaking papers but I must confess that my true passion is quantum physics and astrophysics. But some wise man once told me that you should make a profession out of the thing you enjoy the second most in life and keep your true passion as your hobby and spare-time activity. My advice to you would be to remember that it's never too late to learn new tricks and once one loses the interest to learn and to develop, only then does one become truly old. So keep up the good work with macroeconomics and never stop studying. The world is way too interesting to stay ignorant, that's my new motto. Cheers, -Demolition Man

   Posted 11-08-2009 at 03:24 PM by Demolition Man [Show Appreciation] What's This?

6. 	Quote: Originally Posted by Demolition Man Earning back my tuition shouldn't be too much trouble, since almost all education is practically speaking free here in Finland. The tuition fee is about 80 euros per year, and it includes a health insurance. -Demolition Man I wish my tuition was that much! Ali
   	Posted 11-08-2009 at 06:21 PM by uahmed [Show Appreciation] What's This?

7. 	Hi Demo Man Good to hear from you. I think a degree in Economics would make for a pretty good foundation for trading. Is becoming a full time trader after you graduate your goal? Cheers Tek
   	Posted 11-08-2009 at 10:56 PM by Tekmnd [Show Appreciation] What's This?

8. Quote: Originally Posted by uahmed I wish my tuition was that much! Ali Hey there Ali! The tuition fee is the same c. 80 euros for Finnish and foreign students in Finland, so you're welcome to apply at any time. Here are some links to the biggest universities: University of Tampere Tampere University of Technology University of Helsinki Helsinki University of Technology University of Turku -Demolition Man

   Posted 11-09-2009 at 04:35 AM by Demolition Man Updated 11-09-2009 at 04:38 AM by Demolition Man [Show Appreciation] What's This?

9. Quote: Originally Posted by Tekmnd Hi Demo Man Good to hear from you. I think a degree in Economics would make for a pretty good foundation for trading. Is becoming a full time trader after you graduate your goal? Cheers Tek Hey there Tek! Good to hear from you too! Becoming a full-time trader is definitely an option on the table for me but we'll see. It may not be as easy to do here in Finland as in some other places, thanks to the taxation for example. But we'll see how things turn out to be. -Demolition Man

   Posted 11-09-2009 at 04:46 AM by Demolition Man [Show Appreciation] What's This?

10. Hi Demo, I'm thinking if i should go into a University after i get my diploma in Banking & Financial services. But before i can decide, i will have to get into the army and have my head shaved for 2 years. When i get out of there, i hope i won't forget half of what i've learned so far damn! LOl Anyways, i would like to study finance more then economics. economics is pretty redundant IMO. The world is changing way way faster then the aged concepts of economics. Of course there are certain important concepts and theories in economics that i must learn so i will understand how modern day economic models and policies work. What is the main difference between finance and economics? Is finance more slanted to the financial markets? Haven';t really done researching about that. Also, do you plan to go into any school of economics? It seems that every economicst out there supports a certain school and is trained based on that school. I'm now at introductory economics and it is already getting more and more redundant. Tommorow i have a lecture about some equilibrium in income and the marginal propensity to consume and save. What do you think? Forexer

    Posted 11-09-2009 at 09:01 AM by forexer [Show Appreciation] What's This?

11. 	Good to see you posting again and good luck with those exams. Quote: Originally Posted by Demolition Man Hey there Ali! The tuition fee is the same c. 80 euros for Finnish and foreign students in Finland, so you're welcome to apply at any time. Here are some links to the biggest universities: After seeing this though I am gonna tell my daughter to leave Uni in the UK and get over there!!! Graeme
    	Posted 11-09-2009 at 01:16 PM by advfn2828 [Show Appreciation] What's This?

12. Quote: Originally Posted by advfn2828 Good to see you posting again and good luck with those exams. Thanks! Quote: Originally Posted by advfn2828 After seeing this though I am gonna tell my daughter to leave Uni in the UK and get over there!!! Graeme There are a lot of students from the U.K. studying at my university. It's quite convenient for people coming from inside the Schengen area as they don't need a visa or anything. Of course, the language barrier narrows down the possibilities a little bit, as there are only so many degree programs which are taught completely in English. Most foreign students study in the University of Helsinki, though. It's probably because they've never even heard of any other Finnish town... But living is Helsinki is a little bit more expensive and all universities in Finland are pretty much uniform quality. -Demolition Man

    Posted 11-10-2009 at 05:13 AM by Demolition Man [Show Appreciation] What's This?

13. Quote: Originally Posted by forexer Hi Demo, I'm thinking if i should go into a University after i get my diploma in Banking & Financial services. But before i can decide, i will have to get into the army and have my head shaved for 2 years. When i get out of there, i hope i won't forget half of what i've learned so far damn! LOl I dunno about over there, but over here, army is heeps of fun. You get to shoot all kinds of guns and to blow s**t up. It's priceless. Quote: Anyways, i would like to study finance more then economics. economics is pretty redundant IMO. The world is changing way way faster then the aged concepts of economics. Of course there are certain important concepts and theories in economics that i must learn so i will understand how modern day economic models and policies work. What is the main difference between finance and economics? Is finance more slanted to the financial markets? Haven';t really done researching about that. Also, do you plan to go into any school of economics? It seems that every economicst out there supports a certain school and is trained based on that school. I'm now at introductory economics and it is already getting more and more redundant. Tommorow i have a lecture about some equilibrium in income and the marginal propensity to consume and save. What do you think? Forexer I am studying in a School of Economics. It just operates under the University of Tampere. Tampere School of Economics consists of the Department of Management studies, the Faculty of Law and the Faculty of Economics. But all university students in Finland have a right to study at other universities as well, so I can pretty much study whatever I want -- in whichever university I want. The compulsory courses in my degree (Master of Economics and Business Administration) include both economics AND finance. They also includes courses in management, marketing, business law, tax law, four different languages (Finnish, Swedish, English or German and a fourth language of free choosing), accounting, investing, information technology, insurance, statistics, mathematics etc. So, don't think it's just economics that I study. Economics is just a fraction. -Demolition Man

    Posted 11-10-2009 at 05:35 AM by Demolition Man [Show Appreciation] What's This?

14. 	ok good info
    	Posted 11-22-2009 at 12:22 AM by bullspped [Show Appreciation] What's This?

15. Quote: Originally Posted by Demolition Man I dunno about over there, but over here, army is heeps of fun. You get to shoot all kinds of guns and to blow s**t up. It's priceless. -Demolition Man Hey, blowing s**t up sounds like a lot of fun. Can foreigners join the Finnish army as well? If I join the American army I'll probably have to go to a war somewhere. I'm not a big fan of the idea of being shot at. Thanks for the useful information about universities in Finland. I want to do graduate studies at some point down the road, but I have no idea where yet. I am enjoying living life abroad and traveling to new countries, so I would prefer to do it in a foreign country. I just think living abroad, studying abroad and traveling abroad is interesting and provides a global perspective, and educational perspective that you can't get out of any book or just by sitting in a classroom. Studying in a Scandinavian country has crossed my mind before, I will have to consider it more as I get more prepared to do a masters degree.

    Posted 11-22-2009 at 03:47 AM by mattman [Show Appreciation] What's This?

16. Quote: Originally Posted by mattman Hey, blowing s**t up sounds like a lot of fun. Can foreigners join the Finnish army as well? If I join the American army I'll probably have to go to a war somewhere. I'm not a big fan of the idea of being shot at. If I remember correctly, you'd need a Finnish citizenship to be able to serve in the Finnish Defence Forces. Besides, it's a conscription army so I, for example, am currently in home reserve until I'm 60 years old when my military liabilities finally end. It means I am obligated to take part in military refresher courses from time to time and I can be called into active duty at any time in case a war breaks out. So, I would imagine it's not perhaps the kind of commitment you were looking for. Quote: Thanks for the useful information about universities in Finland. I want to do graduate studies at some point down the road, but I have no idea where yet. I am enjoying living life abroad and traveling to new countries, so I would prefer to do it in a foreign country. I just think living abroad, studying abroad and traveling abroad is interesting and provides a global perspective, and educational perspective that you can't get out of any book or just by sitting in a classroom. Studying in a Scandinavian country has crossed my mind before, I will have to consider it more as I get more prepared to do a masters degree. Well, technically Finland isn't a part of Scandinavia but a part of Fennoscandia. But I can gladly recommend any of the Nordic countries as a place for university studies. -Demolition Man

    Posted 11-22-2009 at 11:43 AM by Demolition Man [Show Appreciation] What's This?

17. Quote: Originally Posted by Demolition Man ... But some wise man once told me that you should make a profession out of the thing you enjoy the second most in life and keep your true passion as your hobby and spare-time activity. ... hi Demolition Man, an interesting saying, hmmmm, let's think abt that a little bit, maybe i shoud stay a software developer? of course, there are also many (successful and/or happy and/or famous) folks out there who preach you should do what you love and the money will come later anyway btw, your information abt the studies (80 +400 €uros) & abt military service in finnland reminds me on socialist czechoslovakia 20 years ago . as far as i know it is in czech + slovak republic still very similar like before, just the military service is much shorter (less than 1 year instead of 2 years at 'my' time there ...) good luck + all the best for your next steps/decisions, j.

    Posted 11-22-2009 at 08:07 PM by jaro g. Updated 11-22-2009 at 08:09 PM by jaro g. [Show Appreciation] What's This?

18. Quote: Originally Posted by jaro g. btw, your information abt the studies (80 +400 €uros) & abt military service in finnland reminds me on socialist czechoslovakia 20 years ago . as far as i know it is in czech + slovak republic still very similar like before, just the military service is much shorter (less than 1 year instead of 2 years at 'my' time there ...) good luck + all the best for your next steps/decisions, j. I attended a lecture course a couple years back at the university on the topic of Foreign Trade of the Czech Republic in the Period of Liberalization and Transition to Market Economy. Although Finland now and Czechoslovakia 20 years ago may sound similar on the basis of the tuition-free education and military conscription, those two things are probably pretty much everything they have in common. Just because education here is free of charge, doesn't mean it's low quality. People (especially our American friends, no offence guys ) just sometimes tend to think that if something is done differently from a free-market capitalistic economical model, it must be crap, because the communists did things that way and communists are bad mmm'kay. Finland has consecutively ranked among the top three countries in the Program for International Student Assessment for many years. Finland ranked number one country in the Legatum Prosperity Index this year and although it's just one index among many others, I think you will agree that 20 years ago right on the verge of the collapse of the Soviet Union, Czechoslovakia was in no shape to be competing for index ratings. Fortunately, a lot has changed since then and the Czech Republic and Slovakia have been catching up quickly during the last decades. Anyway, more info about the Finnish educational system can be found here in case you guys are interested. -Demolition Man

    Posted 11-22-2009 at 10:34 PM by Demolition Man Updated 11-22-2009 at 10:37 PM by Demolition Man [Show Appreciation] What's This?

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