DIYbanter - View Single Post - Pentair to sell tool division: Delta, Porter-Cable

In article ,
says...
On Wed, 11 Feb 2004 03:50:48 -0500, Silvan
wrote:

I have been following this thread and would like your comment and
suggestions how to prepare your daughter for her future career. Let
say she will be attending high school this Fall. Should she targets
for an engineering, Social study, IT, CPA, Medical or others career?

Thanks

My opinion only. What does she enjoy? What does she absolutely not
like? That has to be considered in her decision as well as
employability -- it won't do any good to have a medical degree if she
does not (to the point of despise) working with biological organisms.

That said, considerations to take into account:
1. Medical -- despite all of the outsourcing going on, the people in
this country are going to get sick and need care. In addition, the
population (on average, due to the baby boom) is also aging, so more
medical professionals will be needed for quite some time.
2. Engineering: The primary job of a good engineering school is to
teach students to think and solve problems. As a person with an EE
degree, I find myself doing work in numerous fields. However, one must
not limit oneself to thinking that your career will be spent solely
designing or doing "turn the crank" engineering work -- that, at least
from what I have seen, tends to limit career opportunities and also in
the extreme case, I've seen people who insisted on remaining "circuit
designers" laid off because that was all they knew, their skills did not
keep up with technology, and they were not competitive with new-hires.
This does not imply that engineers have to move into management to
continue career growth, but leadership in a technical sense is a
requirement for continued career growth.
3. IT: I don't know -- you've seen the discussions regarding outsourcing
of IT support. IT management is probably a potential employment source
and there are people who will absolutely have to be in this country to
do some support functions, but this will probably not be a growth
opportunity for a while.
4. A&S degrees (Social studies, etc.) I cannot really comment one way or
another on this subject -- I just don't have any good data points.

Mark & Juanita wrote:

Just as a thought, have you thought about raising your income, but
living on what you are currently making? By stashing away the extra for
some time, you could afford to have some "down time" in the future to
pay your dues in a new job. Make it something that is transparent to
you, as in through payroll deduction so you don't see the extra money,
only the increase in some investment account.

Yes and no. There's more to the story than just how much I could make in my
industry. I have a nice niche job and what, for the industry, is an
absolutely obscene amount of home time. I can't earn more than this
without giving up another 30-40 hours a week, and I'd rather be poor and
have time to play in my shop and do stuff with my kids.

So, in the short term, I have no plans to raise my income. In the longer
term, my useful income is going to be going up quite dramatically once some
long-running obligations are dealt with. We're going to do without it just
like we have been for all these years, and that should build cash reserves
very quickly indeed.

From there, I don't know. We'll figure it out when we actually get there.

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