"I realize that many from blue color families have risen to great prominence and wealth, just not most. My dad started in the aircraft industry as a blue color worker, but rose through several levels of management before he retired. My first real job came after a post-doc, so I only experienced blue color work during a couple of undergraduate summer jobs that provided great motivation to stay in school."Yeah..we can start with Obama......My dad started out in 1932 as a splicer for the telephone company in NYC. He worked 44 years for them...and rose to management and did fairly well for someone without a college degree. A few years in the military during WW2 got him some 'executive' experience in officer training school which likely helped. I had a few summer jobs. One was working for an AM/TV/FM station during the summer as a 'broadcast technician'. If you stayed at that job, you'd be making decent money after 10 years....union ship.....probably $60K a year or more now. Maybe even into management. No , you woudn't have gotten rich, unless you lived way below your means, invested wisely, but you'd likely have a pension and benefits after 35 or 40 years. Lots of folks have gone into HVAC work.....then started their own business if they were so inclined.....or electrician work...or plumbing..... or contracting or construction....you need to specialize to do well. I have a friend who is a tile person...expert....he keeps having to turn down work....does top end work on the large houses with lots of tile, or new houses. Gets top dollar for his work. What can you say? Will he retire early? I dunno....maybe.....Others I know like to work..they'd go nuts if they didn't. One is in real estate - commercial...keeps busy. owns some properties....on the side, he plays accordion maybe 10-12 times a month and brings in well over two thousand a month that way. He really loves doing that.....keeps him going...he's 73 or so now. Pays for his hobbies.....t
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra