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  #1  
Old 26th March 2008
bradt93 bradt93 is offline
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Default What do you guys of my future career goal?

Im wanting to become a computer programmer, I think a student starting out is 40 to 60 K a year, Im not for sure. I've heard the middle aged ones make more than 90 K a year. Anyways I was wanting to get my career going, and investing in some farm acreage for extra income. I was thinking about renting it out to farmers to use for planting their crops. What do you guys think bad investment or could I do better?
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Old 26th March 2008
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  #3  
Old 26th March 2008
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Quote:
Originally Posted by cuba
What does that picture supposed to mean?
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  #4  
Old 26th March 2008
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Quote:
Originally Posted by bradt93
What does that picture supposed to mean?
Mr. Guru is a programmer. On Saturdays he stands in the median in front of his office park and begs; we make more money in one afternoon than we do from his day job. And we're not even meth addicts.

Seriously though, the money ain't all that good. He's been in it almost ten years now and, um, would be doing a lot better ten years in any other industry. it may be "fast growing", but there are lots and lots of other people out there who heard it was a high growth field and got in on it five years before you thought to...


As for renting out farm land... there are less risky, higher returning securities out there. Too many variables. You'd be better throwing hte money in a CD or something. Shouldn't ever rely on another human being for investment income... best to get it from something where you'll at least get principal back if something goes wrong.
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Old 26th March 2008
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My uncle does it and gets paid pretty darn well
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  #6  
Old 26th March 2008
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What does that picture supposed to mean?
Nuthing, the just an joke. HTML is HyperText Markup Language. The guy can code html, yet he is homeless. It's a sort of joke.

You think I'm an aeroplane don't you.
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  #7  
Old 26th March 2008
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You'd be better throwing the money in a CD or something. Shouldn't ever rely on another human being for investment income... best to get it from something where you'll at least get principal back if something goes wrong.
That's right, like Guru said, buy a 9000 CD.
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Old 26th March 2008
bradt93 bradt93 is offline
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Originally Posted by cuba
That's right, like Guru said, buy a 9000 CD.
How do you invest in CD's anyways? Also, what about renting houses out? My uncle does that, and he does well.
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Old 26th March 2008
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Get into Porn or Politics two if the most profitable careers and you screw lots of people
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Old 26th March 2008
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Get into Porn or Politics two if the most profitable careers and you screw lots of people
Eliott Spitzer [verb in past tense]+[adjective]+[noun] with [adjective]+[noun]
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  #11  
Old 26th March 2008
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I hear there are alot of jobs off sourced to India, in this field, amongst others.
regards,
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  #12  
Old 26th March 2008
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Quote:
Originally Posted by bradt93
My uncle does that, and he does well.
Is there anything your uncle can't do?!?!?

In every career, there are those who make good money and those that don't. I think for every one person you hear making good money, there are usury a half dozen making far less. Instead of worrying about finding a career that you'll "make a lot of money in", find a career you'll enjoy doing. Find something that will keep your interest and worry about the money later. If you're good at it, you'll likely make decent money. Besides, it's not about how much you make, it's about how much you spend. You have far more control over your spending than you do your income so focus on that. There are people who make $30k a year that are better off than people who make $100k because they simply know how to manage money.

As cse_20 noted, 'tapping keys' is a job that can be easily outsourced so factor that in to your decision. Read up on what the experts predict as a hot market and hopefully one that will interest you. Keep in mind what jobs can be easily outsourced, and what fields are up-and-coming. Hopefully you'll find something that is both interesting, profitable, and stable.
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  #13  
Old 26th March 2008
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Quote:
Originally Posted by sptsdn
In every career, there are those who make good money and those that don't. I think for every one person you hear making good money, there are usury a half dozen making far less. Instead of worrying about finding a career that you'll "make a lot of money in", find a career you'll enjoy doing. Find something that will keep your interest and worry about the money later. If you're good at it, you'll likely make decent money. Besides, it's not about how much you make, it's about how much you spend. You have far more control over your spending than you do your income so focus on that. There are people who make $30k a year that are better off than people who make $100k because they simply know how to manage money.
Best advice I have heard in any forum in all of 2008.

I breifly toyed with programming. I was bored out of my mind.

Cheers.
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  #14  
Old 26th March 2008
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Quote:
Originally Posted by bradt93
How do you invest in CD's anyways? Also, what about renting houses out? My uncle does that, and he does well.

Go to bank with wad of cash. Ask teller about buying (investing in) a CD. Come back in a few years. Profit.



Renting ANYTHING out is a bad idea in the current market unless you already own it. you can buy the property dirt cheap but credit is hard to come by and so are good tenants. If their paying rent is the only way you can guarantee that the mortgage will be paid as agreed, then I would strongly encourage you to hold off on that idea. Plus you have to learn how to be a landlord. Hint: It's NOT as easy as it sounds. Lots of laws and procedures. Squatters have more rights than tenants. Good luck with that.

Again, you don't want your income (and in this case, possibly your credit) to depend on another human being's finances...
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Old 26th March 2008
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It does depend on tenants. I have 4 of the best tenants ever and I think being a landlord is the easiest job on the planet (again WITH the right tenants).
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  #16  
Old 26th March 2008
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Eliott Spitzer
Ah but porn is not the same as prostitution and he did a lot of good things for NY, at least he was not a pedo like the rest of the senate
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Old 26th March 2008
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Companies don't want to pay for american programmers. Most new programming & development jobs are being outsourced to the Phillipines, India, and Pakistan, because they do just as good of work for a fraction of the cost.

Why would a company want to hire you, an inexperienced out of college programmer for $40k/year starting, when they can hire 2-3 10yr+ experienced programmers for the same price. And with the communication of the internet, they can telecommute from their homes in India.




If you're interested in programming & computers, the real money isn't in doing the dirty work (the actual coding), but in management of the programmers. If you're a good logical thinker/problem solver, then you can get a degree in business management & information systems, and become like an IT or project manager. You'll still need to understand programming, but now instead of being the code monkey whose job is being outsourced, you now manage a team of codemonkeys overseas... and you will probably get to travel a bit too.
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  #18  
Old 26th March 2008
bradt93 bradt93 is offline
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Quote:
Originally Posted by amish_geek
Companies don't want to pay for american programmers. Most new programming & development jobs are being outsourced to the Phillipines, India, and Pakistan, because they do just as good of work for a fraction of the cost.

Why would a company want to hire you, an inexperienced out of college programmer for $40k/year starting, when they can hire 2-3 10yr+ experienced programmers for the same price. And with the communication of the internet, they can telecommute from their homes in India.




If you're interested in programming & computers, the real money isn't in doing the dirty work (the actual coding), but in management of the programmers. If you're a good logical thinker/problem solver, then you can get a degree in business management & information systems, and become like an IT or project manager. You'll still need to understand programming, but now instead of being the code monkey whose job is being outsourced, you now manage a team of codemonkeys overseas... and you will probably get to travel a bit too.
I thought technology was a high growing field and you got paid well in programming or engineering.
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Old 26th March 2008
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it is a growing field but it is also a field that has the bodies to fill the growing demand, both here and abroad.


When I graduated from Purdue in 2002 I quickly figured out that I would make less with my college degree starting out as a Electrical Engineer than I would by going back into the Army Full time as a Sergeant. Figure that one out and if you do let me know since it still confused me. But now I'm a Staff Sergeant(P) and I make more money than engineers that have been on the job for 10-15 years. Oh and I'll be retired with a pension if I like at 42 years old.

I guess the moral of this story is look around you, ask questions, and seek the answers as nothing is ever as it appears.
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Old 26th March 2008
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Quote:
Originally Posted by bradt93
I thought technology was a high growing field and you got paid well in programming or engineering.
Not when there is someone half-way across the world willing and able to do it for half what you'd be willing to make. Tapping keys can be done anywhere, by anyone. Engineering is better, but not great. Also look at fields where they are going to have shortages in the near future due to a retiring workforce. One that come to mind is utilities. More than likely your local utility has an aging workforce and a shortage of qualified people to fill some of the positions. This is one area when engineering would be a good field (in my eyes) to enter - that is if electrical engineering is of any interest to you.
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