Career Change

[Mardoo]

http://youtu.be/0i0Q5EVC8Sw

 

[pist]

I'm 32 and also going through this dilemma at the moment. Most of my working life i worked in the rail manufacturing industry, starting out as an apprentice boilermaker, then getting put on as a full time tradie, then moved on at the same place as a production planner for a few years. Was earning some decent coin there. Getting finished up hurt big time financially, its hard to swallow going from nearly 40 an hr to 25 an hr, but one thing it taught me is money is not the be all to end all. Im far less stressed, and am now working in retail as a supervisor. Thinking about going back to study and work from home as a financial adviser , sick and tired of working for the man so to speak and getting nowhere

 

[Mardoo]

You got a couple more careers in you yet. Don't give up. I got onto project management for IT when I was 35 and loved it. Moved on to wine after that. Now I help my wife run her daycare. I'm hoping I have a brewpub left in me yet!

 

[droid]

@pist - I'm 44 and looking at locking in something (public service) to get through to retirement with hopefully the choice at some stage of semi retiring with a small bar somewhere serving my beers or even someone elses I spose but life doesn't depend on that happening

I wouldn't panick at your age however the next 10 years for you is a great opportunity to build a platform of work experience from which you can springboard into the accumulation fase of life (I was doing my DFP years ago so good luck if you go that way)

just keep working mate, a couple of my mates have never earnt big bucks but just keep on keeping on and they are both doing very well at 44 years of age

 

[spog]

Pist, I'm in the same boat as many,I'm pushing 52 and like Droid I'm trying to get into the public service for retirement.
All my working life has been in construction and my body is certainly letting me know who's the boss.
Hang in there and wiegh up your options and career choices ......and be prepared for knock backs,when they come learn from them then dust yourself and keep moving.

 

[panspermian]

36 y.o.
Fix washing machines.
8month baby.
Live in ****** unit.
Suffer arthritis condition.

2/3 way through science degree part time. Microbiology.
I'm not the youngest at uni either. Always time to improve yourself.

Career changes are quite common these days. Our society as a whole is more educated than what we once were and we get bored. Instead of dreaming of what life on the other side might be like, these days we just do it.

 

[Camo6]

Still loving my career change. I got paid Monday to go to a picnic...which was really a big fair...which I only needed to turn up to and then leave. Gold.

 

[Kingy]

I had a picnic day on Monday to but I've never been, don't even know where it is. I just get a picnic day for some reason. Then an rdo on the Tuesday to top it off.
I was an arborist for 9 years and changed to construction 5 years ago. (Pipelayer) its been a good change except for the long hours. The money is good but and makes it worth it with 2 young kids. But I'll be looking for a normal 8hour a day job when kids head to school and the misses goes back to work.

 

[Brewman_]

I think Career changes are something that really is a way of life these days, whether we like it or not.

My Grandfather worked Sydney council from 15 to 65 years of age, got a 50 year watch. Not sure how fulfilling that 50 years was, I was too young, but I respect his effort and dedication very much.

But these days, work is far more transient and unreliable and the rate of change is much faster. I doubt many people in their 20, 30 or 40's will see anywhere near that length of service at one employer or perhaps in a field. And like the OP, and many others, people want to try new things as their life and family circumstance changes.

 

[wide eyed and legless]

Thinking about going back to study and work from home as a financial adviser , sick and tired of working for the man so to speak and getting nowhere

A ballsy decision if you go ahead with it, though just read on Sunday of a guy who did just that and made $11 million, though he did leave a group of investors wondering what had happened to their $11 million they were going to earn 25% from.
A downside is the litigation you can face if the advice you gave proves to be bad.

 

[Dave70]

A ballsy decision if you go ahead with it, though just read on Sunday of a guy who did just that and made $11 million, though he did leave a group of investors wondering what had happened to their $11 million they were going to earn 25% from.
A downside is the litigation you can face if the advice you gave proves to be bad.

No problem. The statute of limitations expires after about six years for class actions like this, and you know how slow the wheels of justice turn. Just ask the customers who got ****** by the CBA.

25%..?...yeah..
I heard those investors moved onto an even more lucrative scheme opportunity.
How it works is you pay your initial investment fee then company pays you a return from the fees charged to new investors, thus the company avoids the inconvenience of having to actually make a profit to pay investors.
Genius..

 

[wide eyed and legless]

25%..?...yeah..
I heard those investors moved onto an even more lucrative scheme opportunity.
How it works is you pay your initial investment fee then company pays you a return from the fees charged to new investors, thus the company avoids the inconvenience of having to actually make a profit to pay investors.
Genius..

Trouble with those though is, upside down pyramids collapse, just like all those people who never made pilot status found out.

 

[pcmfisher]

A ballsy decision if you go ahead with it, though just read on Sunday of a guy who did just that and made $11 million, though he did leave a group of investors wondering what had happened to their $11 million they were going to earn 25% from.
A downside is the litigation you can face if the advice you gave proves to be bad.

What sue your financial advisor for giving you bad advise?
That's the funniest thing I have heard all week!

 

[Dave70]

Trouble with those though is, upside down pyramids collapse, just like all those people who never made pilot status found out.

Upside down pyramid? There's your problem.

Trapezium..That's the shot.

 

[fraser_john]

I'm 32 and also going through this dilemma at the moment. Most of my working life i worked in the rail manufacturing industry, starting out as an apprentice boilermaker, then getting put on as a full time tradie, then moved on at the same place as a production planner for a few years. Was earning some decent coin there. Getting finished up hurt big time financially, its hard to swallow going from nearly 40 an hr to 25 an hr, but one thing it taught me is money is not the be all to end all. Im far less stressed, and am now working in retail as a supervisor. Thinking about going back to study and work from home as a financial adviser , sick and tired of working for the man so to speak and getting nowhere

My mate worked at VicRail all those years ago, got his fitter-turner certificate there. He then went out worked fixing forklifts for Toyota for a few years. Finally, with his big interested in motorcycles, started a service shop, never looked back.

 

[Ducatiboy stu]

25%..?...yeah..
I heard those investors moved onto an even more lucrative scheme opportunity.
How it works is you pay your initial investment fee then company pays you a return from the fees charged to new investors, thus the company avoids the inconvenience of having to actually make a profit to pay investors.
Genius..

Worked for this guy...

 

[spog]

No problem. The statute of limitations expires after about six years for class actions like this, and you know how slow the wheels of justice turn. Just ask the customers who got ****** by the CBA.

25%..?...yeah..
I heard those investors moved onto an even more lucrative scheme opportunity.
How it works is you pay your initial investment fee then company pays you a return from the fees charged to new investors, thus the company avoids the inconvenience of having to actually make a profit to pay investors.
Genius..

Reminded me of a newspaper report about 15-20 yrs ago of a bloke in America who ran a scam , after some time passed and to cover his arse he sent an apology letter with a refund cheque to all who invested.
Apparently he made a motza as only a handful of investors presented their cheques for banking, and the reason why ?

The cheques were from a company titled. " The Anal sex fetish company ".

 

[Dave70]

Worked for this guy...

L Ron Hubbard?

 

[RobW]

L Ron Hubbard?

He got the idea from this bloke:



https://en.wikipedia.org/wiki/Charles_Ponzi

 

[wide eyed and legless]

What sue your financial advisor for giving you bad advise?
That's the funniest thing I have heard all week!

I don't think the financial advice arm of the CBA would be sharing in your mirth.

The old saying, 'A fool and his money are easily parted' is so true, and no matter how many times we hear of financial fraud and the usual bleating's of those who were fleeced, they only have themselves to blame, ironically there are plenty of punters lining up to be relieved of their hard earned and the only bait needed is their own greed.