Sometimes, I think about what my dream job is. Going by my favourite subject in school, I've often thought it might be consulting; Mckinsey perhaps, or Bain? Alternatively, I could also join the crowd and be an analyst at some investment bank.
Other times, I know that what I would really like to do is be a trader. After all, that's how my grandfather made his fortune. And I really wouldn't mind just reading the news, surfing the net and putting in a few trades from day to day. The best part is probably no need to deal with difficult people, nor having anyone's happiness on my conscience. And it's one of those jobs you can almost turn pure intelligence into money, that has an appeal of its own too.
But of course, you need a sizeable starting capital before you can live off trading. Unless you go for high leverage, in which case the risk might also lead to sleepless nights or worst, roofless nights. Perhaps the main reason I figure I could never be a trader is because you really don't contribute anything to society. It's like gambling, but with a bit more skill thrown in. At the end of the day, you may have money to show for your success, but you haven't built anything, touched lives, or made the world a better place in any way.
Maybe that's why Warren Buffet donates so much money to charity.
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3 comments:
Having worked in an investment bank, I dun quite agree with what you think a trader does or the "simplicity" stated.
They however can be the most difficult people to work with.
Actually by "trader", I meant the sit-on-my-own-bed-and-make-money-for-myself kind of trader.
You would make life good for your kids? Does that count? AND you'll be home around them more which counts for a lot.
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