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Are there any serious at home jobs for investors or financial planners?

I am just learning to invest, and really love it. Since high school, I would pick up copies of the WSJ, economist, and other publications for leisurely reading. It's a field I love, and that I'm dying to get into. I plan on graduating college(I'm 21) in a year with a degree in finance, but will most like go straight to grad school.

I am seriously considering trying to work from home on my free time now and during grad school What types of business can be done solely from home. I'm very driven and am willing to commit myself to this in hopes of a future career. My reason is not solely for me. My fiancee has a phobia associated with large groups/working environments. For this reason, she is not able to attain a job outside of home. She currently runs a web design business, but still has down time that she could fill in helping me. She loves the web design business but has expressed to me that she has free time to help me if I decide to start a business myself.

What types of serious work can be done from home dealing with finance and investing? I'm not looking for get rich quick, stock pick/gimmicky stuff. What training is necessary and how can I go about aquiring what I need to get started?

I helped start her web business 4 years ago and currently do all her taxes, so i know how to set up a business and deal with the paperwork / headaches :)

Thanks in advance for any help.

Reply to
Mark G.
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Personal finance/personal investing blog/site and get money from advertising. It'll be a slow ramp-up though. You won't see any results for months until your website starts making the rounds. The author at Getrichslowly.org says he clears about $2500/mo in advertising but it's pretty much a full-time job writing the entries, answering emails and networking. No training necessary -- just need the ability to write about many different subjects to keep the traffic constantly coming.

Reply to
wyu

Publishing an investment advice newsletter.

Reply to
PeterL

A buddy of mine and his wife used to run a mortgage brokerage from their home. Another friend trades bonds from home. Another does financial planning from home. The first and last would benefit from a web presence.

-Will

Reply to
Will Trice

Top of my list would be "prepare taxes."

  1. buy PC (you probably own one)
  2. figure out which version of ProSeries to license
    formatting link
  3. take "how to prepare taxes" courses -- H&R Block, the IRS, etc.
  4. start putting the word out and block open a lot of free time between late February and mid-April. Focus on simple returns at first.
  5. year two: license BNA Income Tax Planner and do tax planning for all your tax-prep clients
  6. do well at grad school (which is...?)

Advantages:

  1. low startup cost
  2. low regulatory burden (tax prep currently lightly/unregulated - check your state though)
  3. low expertise level, if you start with basic returns. Leave your "learning time" for what you should be doing with it (grad $chool)
  4. enormous potential market: "everyone who needs to file a tax return"
  5. you'll finish up with something very few new entrants to the planning business have: a) tax expertise and b) an inside view into dozens of peoples' tax returns, which is to say, their entire financial picture -- and they've been paying you fees for advice. Instant client base.

-Tad

Reply to
Tad Borek

[...]

Step 3 might be a little more difficult than suggested.

For the first time this year, it looks like H&R Block basic income tax courses are not open to all. In their marketing brochures they state that the course is "not intended for, nor open to any persons who are either currently employed by or seeking employment with any professional tax preparation company or organization other than H&R Block".

-Mark Bole

Reply to
Mark Bole

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