Are you a stock or bond in life?
Posted: Fri Apr 04, 2014 2:34 pm
http://www.cnbc.com/id/101519763
Stock: A career path with high pay but high instability. Examples: Entrepreneurship, Finance, Tech, etc.
Bond: A career path with low pay and high stability. Examples: Government, tenured professors, medicine, etc.
It seems PP may be more suitable for people with a "Stock"-like career as those with more of a Bond-like career has higher certainty of making back money they lost in the market if there's enough time before retirement.
Stock: A career path with high pay but high instability. Examples: Entrepreneurship, Finance, Tech, etc.
Bond: A career path with low pay and high stability. Examples: Government, tenured professors, medicine, etc.
It seems PP may be more suitable for people with a "Stock"-like career as those with more of a Bond-like career has higher certainty of making back money they lost in the market if there's enough time before retirement.