I get asked these questions all the time. Should I open a 401K with my employer? When should I start? To answer those questions, yes you should open a 401K with your employer, many times that will match what you put in up to a certain percentage. And the second part of the question, do it as soon as you can! Opening up a 401K investment account early can mean a big difference when you’re ready to pull it out.
What other investments are available? Well currently precious metals such as gold and silver is really making headlines over the last few years. Gold and silver have always been a good investment if you’re willing to hold on until the markets right to sell. Due to the inflation scare, people all over the country are looking at precious metals as a form of security and it’s driving up the prices big time.
If you’re thinking about a career that has good job security, growth and one that will pay well. Consider these as the top careers for 2014.
Dentist: Dentist can make well over $100,000 year and is expected to grow over 21 percent by 2020. See salary info
Registered Nurse: Registered Nurses can work in a variety of places from hospitals to nursing homes. Salary will depend a lot on where you work but the median salary is $65,690. The BLS estimates that in the next 10 year there will be an additional 700,000 new nursing jobs.
Pharmacist: This is another six figure job that is expected to grow over 25% by 2020.
Computer Analyst: This career will grow by over 22% in the next 10 years with an median salary of $78,770.
Ultrasound Technician: Expected to grow around 20% in the upcoming years due to the baby boomers. Training can take as little as 2 years to complete. Find out how to become an ultrasound technician here.