Peter Garnry
The Trade Like A Pro contest just gets more fascinating every week. Fresh faces are shooting up the leader board, threatening the pelaton. It's interesting to see how a broad spread of stock continues to give a better result and for the first time all of the top ten traders have achieved more than a twenty percent return.
Editor’s Picks 22 August 2016 at 5:37 GMT

Athletes sprint from the Olympics to Wall St

Emily Samuelson competed at the highest level as an ice dancer over the course of her 15-year career, retiring after skating in the 2010 Vancouver Olympics. But like many Olympians, she never earned enough to cover her expenses. Her parents spent $50,000 a year on her sport, an investment she tried to pay back by giving them three-quarters of her winnings. She saved and invested the rest. Samuelson, 26, knew that many Olympic friends struggled with money, and she saw an opportunity for a career after skating. She's now among a number of Olympians working in wealth management at big banks, which hope that the cachet of their athletic careers impresses prospective clients. UBS Wealth Management Americas, Bank of America/Merrill Lynch and Morgan Stanley all employ several retired Olympic athletes. Samuelson, now a financial adviser at Bank of America Merrill Lynch in Michigan says "good, honest direction" is lacking in the Olympic sphere when it comes to finances.
Read full article at Reuters


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