I’ve spent the past few days searching for the best ratios of school program length to prospective pay, with the help of payscale.com.
Biotechnology Technologist is a program that goes for 3 years on standard schedule. Physiotherapy goes for about 5.5 years. The problem with Physiotherapy is that it is so long due to protectionist requirement of a masters degree, which is a recent change according to the University of Toronto. It was previously 2 years for only the physio course. It reminds me of when I had to pay $700/month in fees to start as a personal financial consultant, except this time I’m not going to blow the time and money on courses before I realize the insanity.
The other area I’m looking at is engineering. The best specializations look like petroleum engineering and biomedical engineering. Salaries in the latter are reported to start at about $60,000 USD with total compensation at around $167,000. I still have to find the placement percentage for these.
I’m looking for any more ideas and maybe this will help others here.
Computer programmers - you start with zero education (well, being able to read is probably required), learn as you go, you can branch out into obscure but extremely well paid niches (e.g., SAP consultants earn more than petroengineers) or you can stay in the mainstream and enjoy the community. Working remotely is very possible, and not only it improves your quality of life by not commuting, but also allows to live in a cheap country while working for the expensive one.
Almost forgot to mention - providing pure services over the Internet is extremely difficult for the government to regulate and/or tax.
I found a breakdown of employment at BLS.
What does SAP mean? SAP AG? I know zip about programming.
For my labour market analysis I consider more than salary. The size of the market is important for finding work. More positions, more likely to land one. Difficulty affects how the supply will go. More mentally challenging, less competition. Most important for me is the freelance/promotional opportunity. Can you do consulting with the skills?
Become an entrepreneur Casey.
The problem that I run into is that it takes money to make money. An exception, I started a screenplay project with one other person, which we were planning to sell to a producer. But, it’s difficult to stay focused on writing with nothing else going on. I get bored/distracted easily.
Nope. That’s a myth. It takes hustle, determination and passion to make money.
Find something you care about. Pwn it.
The mistake that I made in the past was focusing on one thing at a time. What I plan to do now is dabble in as many areas as possible simultaneously. For sure I will have more than one occupation. I have no intention of being the sucker that runs the treadwheel, gets paid half what he brings in, gets laid off at 40 and has no skills. I lol every time I hear that old story. How many different things can you do at once? We shall see.
My mentor is the Chairman of the OLP. He is the one that came up with the screenplay idea, introduced me to a Cashflow group, gave me the best stock pick I’ve ever seen. He quit his job, sold his condo and started trading stocks and reassessing his value It’s good to have someone like that to shake you up a bit. The vanilla life is so zzzz.