How Risky is Your Income?

December 15, 2011

In his book “Are You a Stock or a Bond,” finance professor, Moshe Milevsky argues that how we invest should be based on the nature of our job. For example, if you have a safe job with a steady income like a tenured professor, then you are like a bond and you can afford to be more aggressive with your investment portfolio. On the other hand, if you work in an unstable industry or if you have an unstable income like a real estate agent or business owner, then you are like a stock and should be more conservative with your investments. Continue reading “How Risky is Your Income?”