Lending Club Blog

Balancing Risk and Reward in Your Job

We often hear risk versus reward discussions in the investment realm, but they can exist in our careers as well. Below are a few scenarios that may help to identify your tolerance to this type of risk.

The Short but Dangerous Job

Images of Sig Hansen and crew working their crab pots come to mind. These men often make significant amounts of money quickly, but the work can be grueling and loss of life is always a possibility.

The Far Away Job

Work assignments in distant locations often force the tradeoff between time away from family and higher potential earnings. What value do you place on seeing everyday life moments or tucking your kids into bed each night?

The Far Away Dangerous Job

A combination of the previous two types of jobs, an example of the far away dangerous job was covered in depth when myinvestingblog.com profiled a friend who was offered $290,000 per year to work in Iraq, performing the same job for which he was being paid $60,000 per year in the U.S.

The Startup Job

Working for a startup can get you in on the ground floor of a budding company. You may trade long hours and lower pay for company stock, which could potentially explode in value in the future. The downside is the possibility of failure for the business.

The Part-Time Job

Working part-time gives you more free time to spend with your children or to devote to other interests. For that freedom, you may have to give up more than just a portion of your potential earnings, as few part-timers are eligible for company benefits.

All of these examples present different tradeoffs. Depending on the value you place on money, time, and other intangibles, you might decide that any of these scenarios are worth it. A young, single worker would likely consider completely different jobs than an older married worker whose spouse’s job provided benefits.

Which of these scenarios would you consider?

Wednesday, December 24th, 2008 at 6:42 am

Comments (0)


Welcome Home

Lending Club named #5 on Forbes’ Most Promising Companies List

Get ready for tax season with Lending Club’s Tax Form Guide

New Adjusted Return Metric

See more
Lending Club Awards
  • Archives z

Recent Posts

Growing Your Business By Using Capital

Smart small business owners don’t wait to consider borrowing… Read More »
August 19, 2016

9 Reasons to Open an IRA

Retirement: a word that often comes with many connotations.… Read More »
August 5, 2016

6 Reasons to Get a Personal Loan

While it would be great if we all had enough… Read More »
July 29, 2016

Lending Club and the Marketplace Model

Some of our investors have observed the funding environment… Read More »
July 28, 2016

A Recap: Credit Strength on the Lending Club Platform

We are proud of our… Read More »
July 14, 2016

A Message to Investors from our President and Acting CEO

Today, our President and acting… Read More »
May 19, 2016

Lending Club Receives Tribeca Disruptive Innovation Award

Disruptive innovation comes in many… Read More »
April 29, 2016

Lending Club Business Financing Review

One of the biggest challenges of owning a small… Read More »
April 27, 2016

Lending Club partners with Funding Circle and Prosper to launch Marketplace Lending Association

Read More »
April 7, 2016

Lending Club Welcomes Maryland and North Dakota Investors!

We’re now open to retail… Read More »
February 23, 2016


We went public today!

Ringing the bell this morning at the New York… Read More »
December 11, 2014

New and Improved Statistics Page

We recently redesigned our Loan Statistics page to make… Read More »
November 13, 2014

Lending Club Honored with Economist Innovation Award

This month I was honored… Read More »
October 15, 2014

Welcome Vermont Investors!

Today, we’re thrilled to welcome residents of the state… Read More »
September 4, 2014

We filed to go public today

We filed a registration statement with the SEC today… Read More »
August 27, 2014

Our Billion Dollar Quarter

We’re excited to announce  that we’ve facilitated over $5… Read More »
July 8, 2014

Is Lending Club Available in My State?

Is Lending Club available in my state? That is… Read More »
July 7, 2014

Lending Club Joins Senator Cory Booker to Discuss Improving Access to Capital for Small Businesses

Read More »
June 20, 2014

Lending Club Named a CNBC Top 50 Disruptor for a Second Year

For the second year in… Read More »
June 17, 2014

PRIME is now Automated Investing

Lending Club is excited to announce that PRIME has… Read More »
May 14, 2014
View All w