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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (44762)	10/2/2011 3:41:41 PM
From: Paul Senior	Read Replies (3) \| Respond to of 78658

More Sunday OT: Where would you go for a good job? Where would you advise somebody to go for a job? I was just mulling that again as I made my morning coffee. Not sure that we could get agreement on what a "good" job is. In the context of, a young person-- right out of high school or just graduating from college (with $100K in debt), or maybe age 25 and looking to finally get some sort of good opportunity -- where are good places to go for a job? Sipping my coffee, I see three choices. This is what I would say to somebody: If you are from and in Rochester NY and/or you are of a certain cultural background, say Italian-American, the answer for you is likely, stay in Rochester NY or Corning or Brooklyn or any other area where you were born and raised. Because the number one thing in your life is Family. You do not want to be far from parents, grandparents, siblings, cousins, and friends. Your best bet is to get the best job you can find with the skills you possess. Or get new skills that might fit jobs that might be available in your local environment. Second. Move to where the jobs are, or will be. Right now it seems (to me) to be in the gas/oil business. Go where there's going to be development of shale oil. An activity which seems to be a given. There will be, or are, jobs for unskilled and skilled, people wanting to get in early and grow as the sector grows. Jobs that pay well and where there's advancement opportunities. The drawback might be that you might have to live for several or many years in places such as North Dakota, Montana, desolate Canada, maybe some "less desirable" spots in Texas. Live where life might be very different from what you experience now - - life where there's not a lot of pleasant things --- not good weather, where social services might not be so good, nor infrastructure nor cultural activities. Three. Go where you want to wind up. If your dream is to work, make money, move out of cold climes to someplace warm or exciting --- maybe for you Florida or California -- or someplace that's attracting business like Texas (presumably), or someplace that's your exotic dream and desire -- maybe Hawaii or South America or China -- then go there now. If you are struggling to find a job and career and are not successful where you are, move to where you want to be and try there. Start and raise your family there. If you can, pick up new skills in this new area that might meet the job demand that might exist there. Oh well, for me, if I were starting out now, I'd make the sacrifice, and I'd try to go choice Two. At least give it a year to see how the pluses and minuses work out. In my day, I went with choice Three: Out of cold NY to California. My coffee finished now, it's sunny and 75 here, and I guess I'll get up and go for a walk along the beach.