NGPF Podcast: Kasey Ng on trading bonds on Wall Street and importance of internships
It's a new year so we are trying a new format for the NGPF podcast. This week's episode starts with Yanely talking bitcoin which is the subject of her 100th FinCap Friday, Bitcoin Bonanza. Then you will hear from the "Bond girl," Kasey Ng, a 20-something on Wall Street who discusses the bond market, why having mentors is critical to career success and the skills needed to land a plum internship on the Street (spoiler alert: it's not all about financial wizardry). In our Office Hours portion we answer a question from a student wondering why you ever put money in a bank when the stock market's average returns are so much higher. Let me know at email@example.com how you like the new format. Enjoy!
- 0:00~0:38 Introduction
- 0:38~9:14 Current Events with Yanely: Celebrating the 100th FinCap Friday, the FCF creation process, and Bitcoin!
- 9:14~9:32 A word from NGPF
- 9:32~44:40 This Week’s Guest: Kasey Ng on bonds, women in finance, and hiring interns
- 11:08~15:42 How bonds work and how people can invest in the bond market
- 15:42~19:15 The state of the bond market, how interest rates are set, and how consumers should respond when rates are lowered
- 19:15~25:37 Behind the scenes look at working on the trading floor
- 25:37~33:45 Ending up on Wall Street and advice for women entering the world of finance
- 33:45~42:02 What Kasey looks for in an internship application and how networking can lead to full-time jobs
- 42:02~44:40 Why personal finance is important
- 44:40~49:13 Office Hour Question: Why should I save in a bank when I can invest in Index Funds?
- 49:13~49:52 Conclusion
Quote from Our Guest:
“When you take ownership of your future and your personal finances, I think you open up opportunities to invest in yourself. So whether it be saving up for grad school, saving up to pay off loans, or if you want to be more exploratory in the profession that you are pursuing, having that financial independence and sense of security will give you more confidence in your future endeavors.”
Want to invite Kasey to your classroom for a virtual visit? Reach out to her directly at firstname.lastname@example.org.