Jane Said:

what career would you recommend?

We Answered:

I've done the Retail thing - hated it! Hours stink, nasty people, not to mention the pay. I gave it up and got some training and became an Equipment Leasing Broker. Being your own boss is the only way I know how to make a lot of money every week, actually I get paid daily for the deals that I do ! Do your research. Here are some simple guidelines. If they tell you that you can make gobs of money for no investment - it's a scam. If you could make that much why aren't they doing it? Secondly, decide what you want to do first. What do you enjoy the most in business. Then research that subject and related web sites. That is what I did to get started. I was a banker, and as we all know banks are no longer lending money. So, I became an Equipment Leasing Broker. Basically, I bring together people who want to lend money to those that want to get equipment. I do it on the internet and on the phone. I make more now than ever and I enjoy it. The last thing I will tell you, is be sure they have a phone number that you can call and talk to a real person, that is what sold me! Good Luck !

Miguel Said:

I've got an interview with a public sector bank for junior management cadre. I have a gap of 3 yrs after grad.?

We Answered:

You can always fill up the gap by saying that you were preparing for an examination. Banking is preferred as a career because of job satisfaction, working hours, and growth opportunities.

Charlotte Said:

Which is best way to save for retirement: on my own, with bank, through employer?

We Answered:

No one plan is best for all situations.
With your skill set you are well equiped analyze these.
And one futher note that book knowledge tends to overlook.

1. As a math teacher, you should have a grasp on the impact on the difference between paying taxes on contributions today vs. paying taxes on withdrawls during retirement.

2. As an economist, you should be able to grasp the concept of today's tax rates as a known constant and your future tax rate during retirement being a variable.

3. As an economist, you'll also have a grasp on the concept of tax brackets now and during retirement.

Use those skills to see if you're better off with pre-tax investing like 401k and traditional IRAs vs. post tax investing like Roth.

Neither of those skill sets teach this common sense nugget: diversification is usually the best. Do some of both.

More common sense: banks are good at banking, not so good at investing, go with a brokerage like Vanguard.