Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (61) | Ignore Thread Prev | Next
Author: telegraph Big funky green star, 20000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19380  
Subject: Re: Retired before 80! Date: 6/21/2011 4:34 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
"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
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (61) | Ignore Thread Prev | Next

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Berkshire Hathaway

Berkshire Beyond Buffett Event
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement