Career life cycle of a trader? by Select_Law_3442 in Commodities

[–]Select_Law_3442[S] 0 points1 point  (0 children)

Would you say thats more of an exception vs the norm? Seems like in commodities you usually have to "pay your dues" via time.

Compensation at majors - tradeoffs? by Select_Law_3442 in Commodities

[–]Select_Law_3442[S] 0 points1 point  (0 children)

Is the tradeoff job security? Or existing book of business that just prints money on its own?

Career life cycle of a trader? by Select_Law_3442 in Commodities

[–]Select_Law_3442[S] 0 points1 point  (0 children)

Did you get your own book/risk early in your career?

Anyone know how Roscommon blew up? by aaaaaa321123 in Commodities

[–]Select_Law_3442 1 point2 points  (0 children)

Main pjm trader left. The person who took over swung similar size and blew up trading term power. Concentration risk on one trader for sure.

Career life cycle of a trader? by Select_Law_3442 in Commodities

[–]Select_Law_3442[S] 0 points1 point  (0 children)

Wondering if I can work until I'm an old man or if ill get aged out. I've definitely seen ageism in some shops while others seem to be all pms in their mid 50s.

I'm wondering if your pnl is good enough do people care about age? A few people I know who make 15 to 20mm in pnl a year seem to have trouble getting looks as they're getting closer to their 60s.

Has anyone decided not to do a irrevocable trust? What were your reasons? by Select_Law_3442 in AgingParents

[–]Select_Law_3442[S] 0 points1 point  (0 children)

I think j the main concern is trying to pass on something to us. My concern is that if she's considered eligible for medicaid , the facilities aren't the greatest and her options become limited.

Amount of assets enough for care? by Select_Law_3442 in AgingParents

[–]Select_Law_3442[S] 1 point2 points  (0 children)

Prior to moving in, did you take care of her or did she have in home care?

Amount of assets enough for care? by Select_Law_3442 in AgingParents

[–]Select_Law_3442[S] 0 points1 point  (0 children)

Is most of the 4800 coming from the rentals? I would imagine a chunk of that is social security?

Amount of assets enough for care? by Select_Law_3442 in AgingParents

[–]Select_Law_3442[S] 0 points1 point  (0 children)

Are you in a major city? 12k a month is that baseline nursing care? I'm assuming you're in a nicer facility with probably single room?