re: Is machine tool technician a good trade?

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For welders, it'll be the guy that can weld exotic metals and so on. If you are going into a trade, plan on educating yourself for your entire lifetime.

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The best welder I've ever known made more money out of his detached garage than he did at his day job. He had to turn away work all the time. He built a shop building on a property a mile from his house. When he "retired" he hired two guys to work for him and never had a slow day.