Hedge Funds or donuts?...
- Thread starter Jmortgage
- Start date
Stick with what you know. People will always need mortgages, and contrary to what some of the previous misinformed posters stated.......... New government regs. are not going to stop mortgage providers from providing mortgages.
The learning curve is very steep in the trading business and by the time you learn what you need to know to make any real money the mortgage industry should be kicking back in gear just in time for you to start your own mortgage shop.
Good luck.
The learning curve is very steep in the trading business and by the time you learn what you need to know to make any real money the mortgage industry should be kicking back in gear just in time for you to start your own mortgage shop.
Good luck.
This is a hugely important lesson that many people, me included, often forget. Become an expert in something, there'll always be opportunities to profit from.
http://anmolmehta.com/blog/2007/01/08/stop-the-madness-of-self-discipline/
Read this, its an eye opening story.
Read this, its an eye opening story.
maybe being a cop is a good idea, how dangerous can it be in a small town in bergen county, look at all the donuts you can eat & still have time to swing trade, best of both worlds. maybe even find some extra time to do mortgages on the side, when people hear your a cop, that brings credibility to the biz as well .. you will really be raking in the dough, later for the commute to ny city if that was your plan. help others & yourself at the same time.. thats a good gameplan if you think about it.. seriously, no joke.
As Donald Trump and many other more successful individuals before him recommend follow your passion you will do much better. Seriously which of the three are you the most passionate about?
Being a cop for instance is definitely not going to be about the money. You better really want to do that type of work. A lot of folks have a dislike for cops. A buddy I used to work with was a cop for 2 years and then quit. He was too nice and couldn't take all the negativity. He got into sales and did much better and enjoyed life much better.
I did social work for a little over a year, until in I realized I couldn't survive on what I was making ( in the mid 90's ). I went into sales and really enjoyed it for 4 years, the last one not such much. The last 2 years I have been working extremely hard at trading. I haven't made much money, but I really enjoy what I am doing a lot. The thought of going back to sales is depressing.
Being a cop for instance is definitely not going to be about the money. You better really want to do that type of work. A lot of folks have a dislike for cops. A buddy I used to work with was a cop for 2 years and then quit. He was too nice and couldn't take all the negativity. He got into sales and did much better and enjoyed life much better.
I did social work for a little over a year, until in I realized I couldn't survive on what I was making ( in the mid 90's ). I went into sales and really enjoyed it for 4 years, the last one not such much. The last 2 years I have been working extremely hard at trading. I haven't made much money, but I really enjoy what I am doing a lot. The thought of going back to sales is depressing.
Sounds like you're the one who is quite misinformed about what is going on in the mortgage markets.
Although sticking with what you know may work out well. I heard staying in the printing business post 1980s was very lucrative. How bout that kerosene lamp business also, big bucks.
Ha ha ha, hydro is a joker... but is kind of correct. But then again I guess we can say that about many lines of work, right? Such as jobs in the trading arena and so forth, many jobs become obsolete.
Well I guess the world will always need another cop, and it will always need people to assist in the entertainment industry, or if all else fails I can go back to my high school job which was working in a concrete factory which produced burial vaults (people will always die)... then again cremation might be the next huge thing.
I guess it all does come down to what many replied with: just enjoy the ride and be happy with what you do.
Most people know how to adapt and that is what I'm attempting to do here and I really appreciate everyone's "words of wisdom" to help me make my next move. So the cop idea is still an option, and actually the entertainment job as well, I just found out that manager's in that line of work make upwards of $250k a year, how crrrrrazy is that?? But I do like the finance world very much as well, I enjoyed my previous venture capital job, my two friends who are commodities traders love what they do and suggest I follow in their footsteps, as well as my buddy's dad who wants me to get into hedge funds. They all make great money and are always interested in what they do for work.
Its just so crazy that most likely I would be happy performing any of these jobs, but I still don't know which one, they are all so different and each has its pros and cons.
Thanks again, please keep telling me more and keep giving me more insight.
Well I guess the world will always need another cop, and it will always need people to assist in the entertainment industry, or if all else fails I can go back to my high school job which was working in a concrete factory which produced burial vaults (people will always die)... then again cremation might be the next huge thing.
I guess it all does come down to what many replied with: just enjoy the ride and be happy with what you do.
Most people know how to adapt and that is what I'm attempting to do here and I really appreciate everyone's "words of wisdom" to help me make my next move. So the cop idea is still an option, and actually the entertainment job as well, I just found out that manager's in that line of work make upwards of $250k a year, how crrrrrazy is that?? But I do like the finance world very much as well, I enjoyed my previous venture capital job, my two friends who are commodities traders love what they do and suggest I follow in their footsteps, as well as my buddy's dad who wants me to get into hedge funds. They all make great money and are always interested in what they do for work.
Its just so crazy that most likely I would be happy performing any of these jobs, but I still don't know which one, they are all so different and each has its pros and cons.
Thanks again, please keep telling me more and keep giving me more insight.