For working age people, “the most valuable asset is often not a retirement portfolio or even a residence; it's one's own ability to continue to earn income through employment. In fact, for those who are relatively young, the cumulative fruits of labor are a form of ‘human capital’ that overwhelmingly trumps the value of everything else combined.” Read what Michael Kitces has to say about the relationship between job security and how one should invest. For some public sector employees or tenured university faculty with secure jobs and excellent benefits, their job is like a steady bond, whereas entrepreneurs and employees with tenuous job security, their income is like a volatile stock. Kitces explains the relationship between human capital and investing at: http://www.cnbc.com/id/102569674
Are YOU as stock or a bond?
![Are YOU as stock or a bond?]()
Reviewed by citra
Published :
Rating : 4.5
Published :
Rating : 4.5