Finding Your Way To a 401K
Starting out your career, it is hard to know what to expect. There is not much in the way of good models when you are making your way through high school and college. There are career days and internships and talks with people who have careers, but you do not understand the day to day slog of going into an office every day, doing the same thing and dealing with the same people. What is the point?
For some, the point is money. And things like the 401K, a good salary and health insurance. A 401K, in particular, especially one that has a company matching your contribution is great for making yourself happy in your old age. You need money to love and a 401K can be a real asset when you retire. Just check out 401k.com for options and additional information.
How do you find the right type of fulfillment while you are funding that 401K? How do you make the leap from slacker college student to job-holding adult with a retirement plan? The journey can be long and painful, but you have options. You need to educate yourself on the most compelling options available for jobs, and decide if you want to sacrifice for them. You want to become a cubicle dweller? Make sure it involves something you actually care about and figure out how to make a lot of money doing it.
If you don’t want to be the office dweller all your life, look for appropriate sidelines. You could bartend on the side. You could write freelance articles. Or you could learn how to day. Learning how to day trade is a great way to become more fluent at money. Capitalism is a fact of life and understanding how money works and how it can be made by trading stocks is a great lesson in capitalism.
Day trading is a study of risks. Some risks you take and some you don’t. You need to be able to determine which risks are palatable very quickly and very decisively. There is no waiting and watching and passive investing in day trading. You need to be able to spend enough time in front of your screens in order to learn the trends and be able to profit from them.
You can do this on the side, even if you have a day job. Trading from your phone or laptop is possible. You can still have your day job and your 401K, but you can make money on the side to supplement all that business. It takes time and effort to learn how to replicate the success of veteran day traders. You need to learn the proper strategies and techniques that allow you to plan for your trades and make money from them.
When it comes to funding a 401K or finding a job that is fulfilling, it is always about trial and error. The real fulfillment comes not from piles of money, but the knowledge that you are doing something that you really are invested in.