Monday, March 26, 2007

Accomplishment

"You won't accomplish anything in this business without a willingness to take risks, starting with the risk of losing your job. That takes money; some savings...

Unless you have a chunk of change to start out with, look at mutual fund families that permit you to open an account with a small amount of money and that encourage you to add a small amount with each regular investment. Janus and Twentieth Century are two companies that come to mind; undoubtedly, there are others...

Be better insulated against financial disaster when you get fired. (Everybody in the business gets fired eventually. Don't take it personally.)

Building your savings helps insulate you against job losses. For many programmers, though, the ultimate goal is not just getting to be better known program-director and not just having less to worry about if they lose their job, but getting into a position where they have more security or responsibility in management, or perhaps getting into ownership and being their own boss."

This is what Eric said.

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