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To: ClearCase_guy

"bond trader" could mean a lot of things, but if he is a proprietary trader for the bank the last thing you want is people who are risk averse. Most successful traders are in fact risk seekers.


15 posted on 07/10/2006 12:35:45 PM PDT by Rodney King (No, we can't all just get along.)
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To: Rodney King
All things in moderation.

I believe that young people who are decades away from retirement are advised to invest in stocks -- a little risky, but good growth potential, and you have time to make up any losses which occur.

On the other hand, people who are just a few years from retirement should shift more money into bonds. They are less volatile. With little time to recover from losses, older people should think about reducing risk.

I suppose traders of all stripes have to be risk-taking individuals, so maybe a lot of bond traders run with the bulls and engage in base jumping. It seems a little incongruous to me, but what do I know?

26 posted on 07/10/2006 12:42:01 PM PDT by ClearCase_guy ("He hits me, he cries, he runs to the court and sues me.")
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