Monday, March 25, 2013



Super Stocks for the Month


As a practical matter, buying individual stocks is riskier than owning a mutual fund, because the latter  spreads risk over dozens or hundreds of companies. However, buying individual stocks has its own advantages: On top of their expected price increases, many individual  stocks do pay strong dividends, which implies that  you will be earning money while you wait for them to appreciate in value. In this article, I conducted a quick research to recommend 7  stocks that could do very well over the next 2 years. 

My research is based on data I culled  from two companies with successful long-term records in the investment analysis business, namely Stock Scouter Inc. and Zacks Investment Research Incorporated. Based on this analysis I came up with the companies shown on the table  below. Note that, by using a system of advanced mathematics to determine a stock's expected risk and return rates, these  stocks were rated  from 1 to 10, with 10 being the best.  This values came from  comparing  the fundamental and technical qualities of stocks to measures that have proven statistically predictive of stock performance in the past.

Stocks: Top Picks For the Month
Company Name
Stock Scouter  Rating
Zacks Investment Recommendation for the Stock
1. Virgin Media Inc
10
Hold
2. Boeing Co
9
Moderate buy
3. CSX Corp
9
Hold
4. Direct TV
9
Moderate Buy
5. Goodyear Tire & Rubber
9
Hold
6. Exxon Mobile Corporation
-
Hold
7. Facebook Inc
4
Moderate Buy
Source: StockScouter Inc.; Zacks Investment Research Incorporated

The bottom line: If you have a specific  interest in a particular stock, it is advised to research it further or call your financial advisor and  broker to discuss the stock’s potential in terms of earnings and viability.
Key Terms
Moderate Buy = An analyst recommendation meaning a stock is expected to do slightly better than the market return. 
Hold = An analyst's recommendation to neither buy nor sell a security. A company with a hold recommendation generally is expected to perform with the market or at the same pace as comparable companies. 

Monday, March 11, 2013


Super Degrees: 15 Hot College Degrees With Starting Salaries of $50,000-Plus
According to the National Association of College and University Business Officers(NACUBO), four-year college graduates make more money in their lifetime than those without college degrees: they  will earn $1 million more in their lifetime than those with a high-school diploma(Ricker, 2013).  Generally speaking, when it comes to reaching the six-figure advantage  college graduates generally has significant advantage over their counterparts who merely holds high school diploma. This is a common knowledge. However, in terms of getting lucrative jobs quicker and earning fat salaries, some college majors reigns supreme. Here are 15 super degrees and majors with average starting pay of more than $50,000 a year (Ricker, 2013). 

1. Computer Engineering
Average starting pay in 2012: $70,400
Average starting pay in 2011: $67,800
Percent change: 3.8
2.Chemical Engineering
Average starting pay in 2012: $66,400
Average starting pay in 2011: $64,100
Percent change: 3.6

3.Computer Science
Average starting pay in 2012: $64,400
Average starting pay in 2011: $62,100
Percent change: 3.7

4.Aerospace/Aeronautical/Astronautical Engineering
Average starting pay in 2012: $64,000
Average starting pay in 2011: $59,100
Percent change: 3.6

5.Mechanical Engineering
Average starting pay in 2012: $62,900
Average starting pay in 2011: $60,500
Percent change: 4.0

6.Electrical/Electronics/and Communications Engineering
Average starting pay in 2012: $62,300
Average starting pay in 2011: $60,000
Percent change: 3.8

7. Civil Engineering
Average starting pay in 2012: $57,700
Average starting pay in 2011: $56,200
Percent change: 2.5

8. Finance
Average starting pay in 2012: $57,300
Average starting pay in 2011: $54,800
Percent change: 4.6

9.Construction Science/Management
Average starting pay in 2012: $56,600
Average starting pay in 2011: $55,000
Percent change: 2.9

10. Information Science and Systems
Average starting pay in 2012: $56,100
Average starting pay in 2011: $54,000
Percent change: 3.9


11. Economics
Average starting pay in 2012: $55,800
Average starting pay in 2011: $53,500
Percent change: 4.3

12.Business Administration/Management
Average starting pay in 2012: $55,200
Average starting pay in 2011: $53,000
Percent change: 4.2

13. Accounting
Average starting pay in 2012: $52,900
Average starting pay in 2011: $50,800
Percent change: 4.1

14.   Nursing
Average starting pay in 2012: $52,200
Average starting pay in 2011: $50,300
Percent change: 3.8

15. Marketing
Average starting pay in 2012: $51,000
Average starting pay in 2011: $48,700
Percent change: 4.7

Source
Ricker S.(2013): 15 Bachelor's Degree Majors With Starting Pay of $50,000-plus. Retrieved March 11, 2013 from http://msn.careerbuilder.com/Article/MSN-3284-Salaries-Promotions-15-bachelors-degree-majors-with-starting-pay-of-50000-plus/?SiteId=cbmsn43284&sc_extcmp=JS_3284_advice

Monday, March 4, 2013


Ready To Switch Career? Take This Quiz First

Switching careers can be a very big step in your professional life. If you think you're ready to make a career change, have you also thought about if you are really prepared for such a big change? The reasons that induce most people to start thinking about changing their careers are many. Take a look at these examples: Tanya, one of my neighbors once said to me, “I had  a few bad days at work which  made me  ready to throw in the towel.” Another common reason for switching career is evident: You may have had several years' worth of unhappiness at your job and this gave  you the motivation to try something new. It is important to note here that before you take this vital step, you should ask yourself these questions: What are the personal and professional  implications of making a switch? How do you decide that anything is better than what you're currently doing?
By taking the following quiz, you would be able to find out if you're really ready to switch careers:

1. Why do you  want to change careers?
A. I've had a really stressful few weeks, and I can't take it anymore.
B. I don't get along with my team, and I don't fit in with the company culture.
C. This is my third job in the same field, and I still haven't found a role that I find fulfilling.
2. About how long have you been working in the same field?
A. A few months
B. Two to three years
C. Five-plus years
3. What have you done to prepare for a career switch?
A. Nothing yet, but it can't be that hard.
B. I've started thinking about what else I'd like to do and have looked into a few opportunities.
C. I've created a plan, I've spent a lot of time researching the new industry, and I've set up several lunch meetings with people in that industry.
4. Do you know what you want to do next?
A. No, I haven't had time to think about it, because I've been so busy and stressed.
B. I've thought about it, but I don't know what else I'd be good at besides what I do now.
C. Yes, I've known what I want to do for some time now; I just haven't found the right opportunity yet.
5. What are you willing to do to change careers?
A. Spend a couple hours a week looking for a new job.
B. Meet with a career counselor to discuss my career options.
C. Take courses three days a week to acquire skills needed for the new career.

Results
Mostly A's: Not ready -- or not for the right reasons
While I agree that it's tough thing to have a bad day at work, how you react to such a bad day can make the difference between a quick recovery and lasting damage. The bottom line here is that you need to be careful not to act too quickly before you've truly given the job a chance. When things are stressful, don’t just  throw in the towel. This is because if you wait it out, you may realize that things aren't as bad as they may seem. It can take some time to get into the groove of a particular position, and it's normal to feel a little frustrated if it takes some time to catch on to everything. But once you do, you may find that you actually like what you do and enjoy working with those on your team(Auerbach, 2013).


Mostly B's: Ready to make a switch, but not to a different career
Obviously, it seems as though you've  busy trying to survive at your job that you have not been able to do much of anything else for some time. However, it is important that you consider whether it's what you're doing or where you're doing it before you make a career switch.  Use a pen and paper to make a list of what it is that you don't like. After doing this, it may be worth looking for a new job instead of a new career if you find that it's mostly things associated with the particular company at which you're working, for instance, your colleagues or manager, the company's culture or your clients. Chances are you enjoy the basic elements of the role, but you just haven't found exactly the right fit yet. Now that you know what it is you want in a job, you can be more focused about finding your next position(Auerbach, 2013).
Mostly C's: Ready to switch careers
If you answered mostly C's, you've likely kept your goals along the 
same career path for several years, held multiple jobs within multiple organizations and have yet to find one that's fulfilling. Answering mostly C’s also means that you have  also taken the right steps toward discovering what it is you want to do next. Given that you know that switching careers is a big deal, so do some  research to  get some skills that would  help you in your new field and make important connections with people in that field prior to rushing into it. This will ensure  that when you do make the leap, you're jumping to a career that you're passionate about and could see yourself doing for a number of years. While there's no guarantee you'll love your new career, making all the necessary preparations should give you a good chance of happiness(Auerbach, 2013).
.

Source
Auerbach D.(2013): Quiz – Are You Really Ready To Switch Careers? MSN Careers. Retrieved March 4, 2013 from http://msn.careerbuilder.com/Article/MSN-3259-Career-Growth-and-Change-Quiz-Are-you-really-ready-to-switch-careers/?SiteId=cbmsn43259&sc_extcmp=JS_3259_advice