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Young people finish high school and then go on to college in the hope of getting a good job, and then settling down in life. However some people are made for better things. They do not like the routine of going to an office, working in fixed timings and then coming back home to an even more boring routine. These people like taking risk; they love the unpredictability of life. Hence a 9 to 5 job is not cut out for them. These people would love the free reigns of their own business.
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Many people are drawn to money. Not just to have more of it (who doesn't?), but to actually participate in the finance industry and make a career out of it.
Did you know that some of the most successful people in finance and investments never pursued finance in college? Did you know many never even went to college? There are people who have built successful careers in investments or the financial industry grew and learned on the job.
Like I said, there are many branches to this tree. Accountants, CPA's, and analysts must go through significant educational requirements before finding finance jobs. While these careers are built on heavy education and commitment cheap air max 90 , there are other areas of finance that do not require stringent or specialized education before entering the job market.
Stockbroker and Financial Advisor jobs
Stockbrokers, Registered Representatives and financial advisors are basically salesmen in the finance industry. That is not to demean what they do, it's actually true. Once you are a licensed stockbroker and working for a firm, you are a phone broker. Many of the top firms will require 2 or 4 year degrees before hiring you for a job, but a finance or investment related degree is usually not required. Many smaller firms do not require college at all. They are looking for brokers with talent cheap nike air max shoes , drive and the ability to communicate and persuade. If you can convince the firm that you can earn money, you can get in. There are successful stockbrokers and advisors who make $200,000 or more and many of them were car salesmen, insurance agents, collections salesmen cheap air max shoes , real estate agents etc. Training is ongoing and most should decide after 6 months or one year whether this is the finance career or job they want.
The downside to this career, is the compensation you earn. It is largely, if not exclusively - commission or fee based. It's a sink or swim finance career. It is not for everyone, but the requirements are easier, so if you are good at it - you're all set!
Mortgage Broker Career
When Wall Street began losing jobs in late 2000 and for several years after cheap nike air max , many brokers and advisors began careers as mortgage processors or mortgage brokers. The mortgage finance industry was booming. With interest rates low and the economy slower, homeowners were looking to take advantage of the equity in their homes or looking to refinance. People who were in these jobs at mortgage companies made a lot of money. People had needs and the environment