What would I do If......

[Drogue]

I don't really have a primary and a backup plan, I have two primary ones. Trouble is I'll have to pick which one in the next 2 or 3 months.

Plan 1: do a PhD in development economics/public policy. Apply for the IMF, World Bank, DfID, Government Economic Service, etc. for a position as an economist. Work my way up, possibly with stints in academia and perhaps strints in economic consultancy or other related fields.

Plan 2: go straight to work for the Financial Services Authority, Government Economic Service or some economic consultancy. Perhaps do a masters first (if I get the Fulbright Scholarship), or possibly do one part time while working. Maybe even go and do a PhD if I decide I really want to go into development economics in a big way.

The only real difference is whether I can cope with 4 years more of self-driven studying on a lot less pay than I'll get in employment, and whether or not I *really* want to work at the World Bank/IMF/DfID/some consultancies, since they all require at least a masters and usually a PhD.

The great part is that if I get bored of whatever I'm doing, I should be able to move into pretty much anything in economics, consultancy, the civil service, or even into business. My aim was to set myself up to have a varied career in all sorts of public (and perhaps a few private) sector roles. I'm still tempted to look at going into politics later, but I wanted to make sure I had enough of a background to have the skills and experience as well as ideas to be a politician.

[Straybow]

I'm already in my second back-up plan. I've precious little more to fall back on...

[Kuciwalker]

The degree I'm planning on getting (CS/Math with minors in Scientific Computing and Computational Finance (lots of cross credit )) should give me a lot of options, but my backup plan is to be an actuary, since the unemployment rate is essentially zero.

[MRT144]

Originally posted by Guynemer
MrsT, I went into $200,000 in debt to get my MD. So, barring a ridiculous string of good luck in Vegas or a big win on Millionaire, I'm bloody well stuck for decades, whether I like it or not.

I know exactly what you mean.

pish posh...

5 years 40k a year 3,333 a month

thats about half your salary a year. do it.

[Drogue]

Originally posted by Kuciwalker
but my backup plan is to be an actuary, since the unemployment rate is essentially zero.

Is that an actuarial estimate?

Have you ever looked at being a quant in a finance house or investment bank? Pays shedloads, hours are nowhere near as silly as the bankers and it's all about financial modelling on computers. Generally requires a PhD, but worth the investment!

Originally posted by MRT144
pish posh...

5 years 40k a year 3,333 a month

thats about half your salary a year. do it.

That doesn't count interest. He's screwed.

[Arrian]

Considering that I kinda tripped, fell, and ended up with this job I'm pretty sure I could work something out if I needed to.

I've never really had a career planned out, I think because there is no (real) job I can conceive of that I would truely love. Contentedness is one thing - I've got that now, and it's fine. But I'm reasonably certain that I will never have a "dream job" simply because no job is my dream. Even if you picked something I find cool and fun and said "ok, that's your job now." Because as soon as that happened, I'd cease liking it.

-Arrian

[Kuciwalker]

Originally posted by Drogue
Is that an actuarial estimate?

In fact, it is my dad is an actuary and a lawyer.

Have you ever looked at being a quant in a finance house or investment bank? Pays shedloads, hours are nowhere near as silly as the bankers and it's all about financial modelling on computers. Generally requires a PhD, but worth the investment!

Yes.

[Asher]

I'd be an explosives engineer.

[MRT144]

Originally posted by Drogue

Is that an actuarial estimate?

Have you ever looked at being a quant in a finance house or investment bank? Pays shedloads, hours are nowhere near as silly as the bankers and it's all about financial modelling on computers. Generally requires a PhD, but worth the investment!


That doesn't count interest. He's screwed.

depending on the rate, 6-7 years seems more likely. but still, it can be done.

[MRT144]

YEAR 1: Monthly Payment Plan
Month MD (6.00%) Remaining Balance
1 3,333.00 197,650.34
2 3,333.00 195,288.92
3 3,333.00 192,915.70
4 3,333.00 190,530.61
5 3,333.00 188,133.60
6 3,333.00 185,724.61
7 3,333.00 183,303.56
8 3,333.00 180,870.42
9 3,333.00 178,425.10
10 3,333.00 175,967.56
11 3,333.00 173,497.74
12 3,333.00 171,015.56

YEAR 2: Monthly Payment Plan
Month MD (6.00%) Remaining Balance
1 3,333.00 168,520.97
2 3,333.00 166,013.91
3 3,333.00 163,494.32
4 3,333.00 160,962.12
5 3,333.00 158,417.27
6 3,333.00 155,859.69
7 3,333.00 153,289.33
8 3,333.00 150,706.11
9 3,333.00 148,109.97
10 3,333.00 145,500.86
11 3,333.00 142,878.70
12 3,333.00 140,243.42

YEAR 3: Monthly Payment Plan
Month MD (6.00%) Remaining Balance
1 3,333.00 137,594.98
2 3,333.00 134,933.29
3 3,333.00 132,258.29
4 3,333.00 129,569.91
5 3,333.00 126,868.10
6 3,333.00 124,152.77
7 3,333.00 121,423.87
8 3,333.00 118,681.33
9 3,333.00 115,925.07
10 3,333.00 113,155.03
11 3,333.00 110,371.14
12 3,333.00 107,573.33

YEAR 4: Monthly Payment Plan
Month MD (6.00%) Remaining Balance
1 3,333.00 104,761.53
2 3,333.00 101,935.68
3 3,333.00 99,095.69
4 3,333.00 96,241.50
5 3,333.00 93,373.04
6 3,333.00 90,490.24
7 3,333.00 87,593.03
8 3,333.00 84,681.33
9 3,333.00 81,755.07
10 3,333.00 78,814.18
11 3,333.00 75,858.59
12 3,333.00 72,888.22

YEAR 5: Monthly Payment Plan
Month MD (6.00%) Remaining Balance
1 3,333.00 69,902.99
2 3,333.00 66,902.84
3 3,333.00 63,887.69
4 3,333.00 60,857.47
5 3,333.00 57,812.09
6 3,333.00 54,751.48
7 3,333.00 51,675.58
8 3,333.00 48,584.29
9 3,333.00 45,477.55
10 3,333.00 42,355.27
11 3,333.00 39,217.38
12 3,333.00 36,063.80

YEAR 6: Monthly Payment Plan
Month MD (6.00%) Remaining Balance
1 3,333.00 32,894.46
2 3,333.00 29,709.26
3 3,333.00 26,508.14
4 3,333.00 23,291.02
5 3,333.00 20,057.81
6 3,333.00 16,808.43
7 3,333.00 13,542.81
8 3,333.00 10,260.86
9 3,333.00 6,962.50
10 3,333.00 3,647.65
11 3,333.00 316.22
12 316.22 0.00

[Dis]

Originally posted by Arrian
Considering that I kinda tripped, fell, and ended up with this job I'm pretty sure I could work something out if I needed to.

I've never really had a career planned out, I think because there is no (real) job I can conceive of that I would truely love. Contentedness is one thing - I've got that now, and it's fine. But I'm reasonably certain that I will never have a "dream job" simply because no job is my dream. Even if you picked something I find cool and fun and said "ok, that's your job now." Because as soon as that happened, I'd cease liking it.

-Arrian

my dream is to work as a bartender at a male strip club. Think of all the horny women you could pick up.

[Mrs. Tuberski]

Dis just a question since my lovely career may take me there what the hell is winnamuca NV and where the hell is it? And do i need to learn to use a fire arm

[MRT144]

Originally posted by Dis


my dream is to work as a bartender at a male strip club. Think of all the horny women you could pick up.

1. or gay men you could pick up
2. what do you offer that the stripper doesnt? counting on runoff chicks is never a good strategy.
3. wouldnt you eventually being a straight man get tired of be surrounded by athletic oiled bodies?
4. the women who go to strip clubs arent the kind you wanna sleep with

[Dis]

errr, why in the hell would your career take you there? I knew it was along I-80, and I know there's a whorehouse/brothel in the area (no, I haven't been to that one ). Other than that, they are small. They have a population of less than 10,000. I'd be surprised if they had any kind of hospital. They probably have a medical clinic.

It really is out in the middle of nowhere. You'd have to drive to Reno for any kind of fun. And Reno isn't that big of a city. You won't have any major concerts there, but you can find cover bands. But it looks to be a long drive from Reno, as it's in the middle of the state, and Reno is on the western edge.

Other than that, I'd guess it's a spot for truckers to stop. That's the whole purpose of whorehouses along I-80. It's mostly for truckers to stop at. It's at the junction of US95 and I-80. Though I can't imagine why anyone would go north on US95, I don't think there's **** up there (and I doubt anyone would want to see Idaho ). edit: Us 95 actually goes into eastern oregon.

http://en.wikipedia.org/wiki/Winnemucca%2C_Nevada

edit: wow, the median income is quite high (though they probably still live like white trash). That seems to be higher than Las Vegas income. but we have a lot of immigrant jobs that bring our average income down. The mining jobs probably pay a lot of money.

[Dis]

Originally posted by MRT144


1. or gay men you could pick up
2. what do you offer that the stripper doesnt? counting on runoff chicks is never a good strategy.
3. wouldnt you eventually being a straight man get tired of be surrounded by athletic oiled bodies?
4. the women who go to strip clubs arent the kind you wanna sleep with

it's not a well thought out dream, don't ruin it.