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re: College and Career guidance for son

Posted on 2/8/25 at 7:25 am to
Posted by GREENHEAD22
Member since Nov 2009
20832 posts
Posted on 2/8/25 at 7:25 am to
Technical sales. With ever increasing inflation it is one career that will keep up with it. Engineering pay across the board is stagnant outside of tech based. A good salesman with technical knowledge can print money for themselves with half the stress.
This post was edited on 2/8/25 at 5:45 pm
Posted by Roscoe14
Member since Jul 2021
397 posts
Posted on 2/8/25 at 4:06 pm to
If you son doesn't know what to do with his life there are worse options than to spend 4-6 years in the military. Other posters have suggested OCS or enlisted and either works.
Give him time to grow up a little, learn some discipline, meet great people, serve his country and have an adventure or three.
Posted by Yeti_Chaser
Member since Nov 2017
12894 posts
Posted on 2/9/25 at 10:31 am to
quote:

He has no interest

Tell him not to worry about that shite. His interest should solely be whatever allows him to live the lifestyle that he wants to live outside of work. Work is work and it'll get old no matter what it is. Choose a path that gives him the best chance to live the lifestyle he wants.

Also factor in that AI is going to blow up a lot of industries and the only thing truly AI-proof is ownership. AI can't replace business or property owners.
Posted by Cincinnati Tiigre
Cincinnati
Member since Nov 2015
1491 posts
Posted on 2/9/25 at 4:44 pm to
quote:

Philosophy and French double major. Then become a high end gigilo.




This.

This is exactly the path I took.
Posted by LSURussian
Member since Feb 2005
134837 posts
Posted on 2/9/25 at 6:02 pm to
quote:

College and Career guidance for son


Posted by Louie T
Member since Dec 2006
36710 posts
Posted on 2/9/25 at 7:15 pm to
if he doesn't have a VERY keen idea of what he wants to do post college, he should be in something practical.

there are many benevolent directions you can go with employable STEM degrees, but there are far fewer financially supportive avenues he can take with less rigorous curriculums if he decides later in life that a 501c3 isn't the route he wants to go.
This post was edited on 2/9/25 at 7:15 pm
Posted by makersmark1
earth
Member since Oct 2011
21204 posts
Posted on 2/9/25 at 8:12 pm to
quote:

This. This is exactly the path I took.


Did you minor in English so you could share your Longfellow with them as part of their experience?
Posted by Auburn1968
NYC
Member since Mar 2019
26434 posts
Posted on 2/10/25 at 11:24 am to
quote:

"Do what makes you happy" is mostly BS.


I told my son many times that "the more fun something is to do, the less it pays. And if it is too much fun, you have to pay them."
Posted by whodatigahbait
Uptown
Member since Oct 2007
1851 posts
Posted on 2/10/25 at 11:42 am to
quote:

College visits are happening over the next few months and his only current 'direction' is a list of things he thinks he absolutely doesn't want to do, which is helpful in its own way. Pretty bright kid, but we aren't going to Vanderbilt or Georgia Tech. Should get into any 'regular' school without much problem.

He can't define it yet...but it is pretty obvious that what drives him is service to others. He has no interest in being a doctor, working a trade, being an accountant, or engineer.

My work requires some overlap with folks in commercial insurance brokerage and some employee benefits consultant-types. I think these would be great fits for him being able to scratch his relationship and strategic thinking skills. I'd love to consider any other thoughts or suggestions yall might have.



May get dragged from some of the dorks on the board, but tell him to look into being a financial advisor, preferably in a training firm at one of the big wires or bank branches (Merrill, Morgan, JP Morgan etc.). NOT northwestern mutual etc.

1) You can do it from any regular school
2) Definitely is a relationship based business
3) You are helping people with their finances, it's call financial services for a reason
3) Average age of a financial advisor is 55+
4) it can be very lucrative
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 2/10/25 at 11:47 am to
quote:

May get dragged from some of the dorks on the board, but tell him to look into being a financial advisor, preferably in a training firm at one of the big wires or bank branches (Merrill, Morgan, JP Morgan etc.). NOT northwestern mutual etc.


I’m not dragging it, but would you not be concerned about the longevity of a career like that. It seems regular people have less and less need for these types of services for a multitude of reasons. The only “financial advisor” role I’d be comfortable with is to the truly wealthy who will always need these types of services, but that shite is comparative, a grind, and way less of a service to others feeling.

Just my two cents
Posted by whodatigahbait
Uptown
Member since Oct 2007
1851 posts
Posted on 2/10/25 at 11:53 am to
quote:

I’m not dragging it, but would you not be concerned about the longevity of a career like that. It seems regular people have less and less need for these types of services for a multitude of reasons. The only “financial advisor” role I’d be comfortable with is to the truly wealthy who will always need these types of services, but that shite is comparative, a grind, and way less of a service to others feeling.

Just my two cents


Not at all

1) see my comment about average age of advisor, I understand your point about needing less advisors but the population is shrinking naturally
2) people need financial advice, not just the very wealthy, I think this board leans heavy anit-FA because of "just buy index funds"; however, I think that takes for granted that most people don't even understand that. If you are on a money talk board you probably don't need an FA but again most people aren't/

Lastly, a financial advisor is much more than just an investments, it's taxes, planning, lending relationships etc.

And full disclosure I'm not an FA - I work in IB/Corporate Finance but still see the need for them and based on OP it might makes sense for his son.
This post was edited on 2/10/25 at 11:55 am
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 2/10/25 at 12:03 pm to
quote:

people need financial advice, not just the very wealthy, I think this board leans heavy anit-FA because of "just buy index funds"; however, I think that takes for granted that most people don't even understand that. If you are on a money talk board you probably don't need an FA but again most people aren't/


Most people do nothing, hence they don’t need a FA and the ones that do things are starting to use FAs less and less.

I do think you’re right, there will always be some need, it’s not like they’re all going away forever, but I would be concerned about both the competitiveness and economics going forward. We see it in some of our services in public accounting, some things are becoming to be priced as commodities and margins are shrinking.
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