You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Can't bring myself to leave my job.
- Thread starter rimshaker
- Start date
Ok here's my final plan:
Set aside enough cash to pay for rent/bills/car for the next 2 years so I'm not pressured just to live a normal life. No debts, no CC balances, 800+ credit score, six-figure trading account. Only expense I'd have to worry about is whatever I put on my credit cards.
Worst-case scenario is I realize I'm not making any progress for 2 years as when I had my old job, then I fall back on my EE degree. Interviewer asks why I irresponsibly quit my previous job, I'll say life is about risks... I saw an opportunity, analyzed my situation, evaluated my options from different angles, took a calculated risk, accepted the consequences, and then moved forward with an entrepreneurial spirit. How can the interviewer say no, we're not interested in someone who thinks like you??
Set aside enough cash to pay for rent/bills/car for the next 2 years so I'm not pressured just to live a normal life. No debts, no CC balances, 800+ credit score, six-figure trading account. Only expense I'd have to worry about is whatever I put on my credit cards.
Worst-case scenario is I realize I'm not making any progress for 2 years as when I had my old job, then I fall back on my EE degree. Interviewer asks why I irresponsibly quit my previous job, I'll say life is about risks... I saw an opportunity, analyzed my situation, evaluated my options from different angles, took a calculated risk, accepted the consequences, and then moved forward with an entrepreneurial spirit. How can the interviewer say no, we're not interested in someone who thinks like you??
Quote from rimshaker:
Ok here's my final plan:
Set aside enough cash to pay for rent/bills/car for the next 2 years so I'm not pressured just to live a normal life. No debts, no CC balances, 800+ credit score, six-figure trading account. Only expense I'd have to worry about is whatever I put on my credit cards.
Worst-case scenario is I realize I'm not making any progress for 2 years as when I had my old job, then I fall back on my EE degree. Interviewer asks why I irresponsibly quit my previous job, I'll say life is about risks... I saw an opportunity, analyzed my situation, evaluated my options from different angles, took a calculated risk, accepted the consequences, and then moved forward with an entrepreneurial spirit. How can the interviewer say no, we're not interested in someone who thinks like you??
That is EXACTLY what I did/my thoughts are, and I am midway thru my "two year plan" with okay to pretty good results. More income, more "up-and-down" stress, but working for yourself when you can make it work is amazing. Good Luck and keep us all at ET posted about your progress.
Quote from rimshaker:
Ok here's my final plan:
Interviewer asks why I irresponsibly quit my previous job, I'll say life is about risks... I
tell them you had to care for a relative that recently passed away, so you continuing your career. if you tell them the truth, they may see it as you failing or categorize you as a "risk taker" or gambler. lie, its easier.
Quote from rimshaker:
Ok here's my final plan:
Set aside enough cash to pay for rent/bills/car for the next 2 years so I'm not pressured just to live a normal life. No debts, no CC balances, 800+ credit score, six-figure trading account. Only expense I'd have to worry about is whatever I put on my credit cards.
Worst-case scenario is I realize I'm not making any progress for 2 years as when I had my old job, then I fall back on my EE degree. Interviewer asks why I irresponsibly quit my previous job, I'll say life is about risks... I saw an opportunity, analyzed my situation, evaluated my options from different angles, took a calculated risk, accepted the consequences, and then moved forward with an entrepreneurial spirit. How can the interviewer say no, we're not interested in someone who thinks like you??
In two years you should be able to go back, but I would set a first milestone at one year. You still have the time to see if you are profitable, I guess. And you have more chances to get a good job in the worst case.
The interviewer can simply prefer someone who didn't stop for two years. That also depends, of course, on the market condition.
It sounds good.
I still think I wouldn't do it, but I really appreciate your determination. If you are focused just go for it. Rolling stone gathers no moss.
Good luck
Great plan!
Remember, your success (or the potential of that) will be determined by your NEXT step! Do all the research you can and talk to as many who can help as possible, before you cast the Dice and select who and what work you will be moving on and into...jmho
And, revisit the strategy and its reality every few months...don't be afraid to change course mid-stream if you're not satified or the path to success is not chear.
Remember, your success (or the potential of that) will be determined by your NEXT step! Do all the research you can and talk to as many who can help as possible, before you cast the Dice and select who and what work you will be moving on and into...jmho
And, revisit the strategy and its reality every few months...don't be afraid to change course mid-stream if you're not satified or the path to success is not chear.
Quote from rimshaker:
... How can the interviewer say no, we're not interested in someone who thinks like you??
The interviewer probably wouldn't say that, but a many of my clients would will fear that:
1) The candidate is not passionate about what they were trained to do (BSEE).
2) The candidate may leave his new employer high and dry like the last one as soon as they save enough money to begin trading again.
3) The candidate may even spend "work energy" on outside trading interests. The internet/cellphone makes this risk higher today.
Many (BSEE) have done what you are contemplating over the years. I saw the first in 1986.
Your shelf life is probably less than one year trading ... after that you would be considered "damaged goods" in this economic climate (BSEE / North American market).
I'm going through the same thing. I can retire from the military in two months, but will stay another year to finalize some issues and get my kid into college once we move. Been a great career and I have done very well, commanded troops in combat, achieved all goals and have left my mark. Sky is the limit for promotions etc. over the next 5 years, but I'm absolutely burnt out.
Trading has provided additional investments and I carry no debt. My advantage is full health benefits and a steady pension of 50% my current base pay. Now I am spending what free time I can scrounge to solidify my system and maintain trading discipline. When I make the jump, I plan on being ready to turn trading into income generation without losing lifestyle or long term investment.
I know what you are going through.......confidence is key.
Now I gotta learn FOREX.
Best of luck!!
Trading has provided additional investments and I carry no debt. My advantage is full health benefits and a steady pension of 50% my current base pay. Now I am spending what free time I can scrounge to solidify my system and maintain trading discipline. When I make the jump, I plan on being ready to turn trading into income generation without losing lifestyle or long term investment.
I know what you are going through.......confidence is key.
Now I gotta learn FOREX.
Best of luck!!