Here's an article. Basically if your trading stocks no. If you are trading different instruments or want interaction with the money folks (connections) yes. https://financetracked.com/bloomberg-terminal

From it: "Bonds and Fixed Income: It provides the best data for interest rates and debt markets. Global Economics: It easily connects data from different countries, such as currency rates and government debt. The Chat Room: The messaging system is the industry standard. If you want to talk to the biggest players in the market, you often need to be on Bloomberg."

Depends a bit how you're trading stocks - bbg is still an extremely attractive data provider so I'd not dismiss them out of hand.