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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (25226)11/9/2002 3:50:53 PM
From: maceng2  Read Replies (3) | Respond to of 74559
 
Well,

I could go for brick laying, or carpentry (easy for me to do, I have made all my furniture in hardwoods) I watched a carpenter built a set of stairs though, it had a crook in it too. He did it in less then four hours. Amazing!

Plumbers have a captive set of customers though. In the UK central heating is gas. Those systems need maintenance every year. Most people have insurance schemes, so the money flow is constant, even without new housing starts.

I prefer making semiconductors, but in the troubled times ahead, a few back up professions maybe handy. When I was made redundant, I thought I would be left to just stacking shelves in a supermarket. Good healthy inside work mind you. I was worried I might not be able to make mortgage payments, but I bought my last house in 1995 on a straight forward mortgage. That was a good move. I can re negotiate my payments now so even a minimum rate job could cover the payments. But the horizon is wider now. It must be work that cannot be exported to China though. Rule #1.

Going from poor to rich is OK. The reverse move is much harder on the psyche. I moved from the USA to a job where I was paid less the the tax I paid in the USA. That still put me in the top 2% of earners here though. The VAT being the killer.

It's looking much better now, for me. God help everyone else.