Wall Street is a busy eight-block-wide thoroughfare in downtown Lower Manhattan in Manhattan, New York. It runs from Broadway in front of the New York Stock Exchange on the north to south of Fifth Avenue and the East River on the south. The street has the most high-profile location for trading stocks, currencies and futures, among other financial activities.
Wall Street is a place people come to get an education or make a living. Many people work in finance on Wall Street, making large salaries that are attractive to many people who live in lower Manhattan or who work from home there. The area around Wall Street can be bustling at times, but quiet most of the time when business is slow.
High profile businesses on Wall Street include banks, corporations, insurance companies, hedge funds and brokerage houses. Some of these types of businesses pay top dollar for office space in the upper floors of buildings that overlook the street.
Some of these high rise buildings also feature large parking lots so they do not take up as much floor space. When these offices are closed for the day, there are often several elevators that take employees from the ground floor lobby to the top floors of the building. Some people choose to walk from their home up to Wall Street every day, as this is the best place in which to find information about the stock market, news and weather. If someone does not want to travel to Wall Street daily, he or she can look up the latest updates in stock quotes in an online brokerage firm.
There are many businesses on Wall Street. People come from all over the world to buy stocks, as these companies are traded internationally and have been for many years. If one wants to buy a particular stock from another country, there are brokers who specialize in foreign exchange. This may sound esoteric, but if one wants to buy a foreign currency, one need not leave his or her home.
If you are a student, it may be a good idea to attend classes on Wall Street. Some of these classes focus on investing in the stock market and in stock options, which can help investors in deciding what stocks to purchase and sell. If you have no experience in trading stocks, you can ask a broker or a teaching assistant at your school to help you learn how to do so. There are also classes at local universities that teach students how to trade, although they are much less involved than the professional Wall Street classes.
Wall Street is also a great place to live. There are many low-income housing units that rent to families who need to live in an area where they can be near a shopping center and restaurants. If you are interested in buying or renting an apartment on the block, you should check with a real estate agent to find out the best deals. When you are working in finance, many of these areas have plenty of job opportunities for people in finance.
One thing you can be sure of is that, if you choose to work in finance on Wall Street, you will find the place to work fun. While you may not enjoy a lot of change, you will find that it is important to make a decent salary and you may find that there are benefits that will appeal to you.
Since Wall Street is the center of the financial market, most banks have branches there. If you decide to work there, you may have to go through one of these branches to do so, but they are usually quite easy to find.
If you are interested in making a lot of great money, Wall Street may be the place for you to get your start. The more experience you have in the financial field, the more likely you are to become successful. As a young person, you may want to consider investing in a small business, like the restaurant or a boutique. You will need to be able to convince people to invest in you by convincing them that your business can pay off quickly.
For many investors, working in finance is a great idea because it gives them the chance to see if they can make a lot of money. It may not pay off right away, but it gives them a taste for making lots of money. Most of the people that work in this field have a passion for the field, which gives them an edge over other people. Once they have made a lot of money, they know that they may want to move on to Wall Street and do even more.
