Job Risk Vs Job security

If you are first time reader, please go through the earlier articles for continuity and better understanding.

ASSOCHAM survey published recently has some interesting facts.

Job stability is attracting an increasing number of B-school graduates belonging to smaller towns to leave aside lucrative salaries in private sector and opt for a career in public sector.As many as as 85% of student in tier ii cities such as Ghaziabad, Lucknow, Chandigarh, Dehradun, Jaipur, Indore, Kochi etc said their first choice would be to join Schedule A PSU with job stability is a main factor. However in metros such as Delhi, Bangalore, Kolkata, Mumbai the students were more interested in working for corporate sector.

This survey shows two kinds of preferences with metro students opting for more lucrative private sector and tier ll cities students preferring PSUs for job stability.

You would have noticed in the news channel and other financial dailies about Investment in direct equity, real estate , commodities etc which are considered as high risk and high return category and investment in mutual fund investment etc considered as moderate risk because of their diversification. The investment in debt instrument like bond, FD etc are considered as safe investment. The above type of investments fetches returns varying from high to moderate return and low return according to the investment type and similarly they carry high risk to moderate risk and low risk.

Even in the universe of mutual funds schemes or funds like sectoral fund, thematic fund are considered as high risk with high return and balanced funds which invest partly in equity and partly in debt is considered as moderate risk with moderate return and the investment in debit fund is considered as safe with less return.

In the same way there is plenty of advice given to mitigate risk and to go for asset diversification in equity, real estate, gold etc. As we saw in earlier articles the risk and security are opposite to each other and the advises are given to us so that we do not lose our hard earned money. There are plenty of research done to assess or calculate the risk and returns etc and still we remember the Harshad Mehta, Ketan Parikh scams etc.

Sometime I wonder Whether this rule is applicable only to finance and not to other areas ?

Whether our job is not as important as our finances?