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The 9th Reason Why Now is the Best Time Ever to Change to a Computer CareerThe Next Bubble Boom is Coming Soonby Richard Stooker, President Info Ring Press and author of Secrets of Changing to a Computer Career |
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Is the great high tech and dot com boom over? According to the latest book by Harry S. Dent Jr, THE NEXT GREAT BUBBLE BOOM, it's barely begun. Although he does not say this, the implication of his theory is that high employment will have to rise again in 2005. According to him -- and his extensive research into demographics and history -- the "tech wreck" and "dot com crash" of March 2000 to 2003 was not the equivalent of 1929 but of 1919-1922. What happened then? you're probably asking. It was the end of the first wave of high tech booms -- the one in automobiles that lasted from 1915-1919. From 1919-1922 there was a tremendous crash and shakeout in this sector. Of course, we now know that cars and the economy recovered from the 1919-1922 crash and the Dow rose to great heights through October 1929. We don't even remember that the Roaring 1920s did not roar throughout that entire decade. The recession we went through from March 2000 through 2003 is the equivalent. According to Mr. Dent, by late 2004 or early 2005, a stock market boom greater than the late 1990s will begin. It's impossible to properly summarize in one short article all his reasons for this. It combines a trend for new technologies to expand throughout our society with the peak earning and spending years of us baby boomers. By 2009 or 2010, the Dow should reach 40,000. Simply put, the next 5-6 years are the greatest opportunity we'll see in our lives to make lots of money -- in the stock market or as techies. If you're thinking of changing to a computer career, do it now. Start educating and training and getting yourself certified. Make the next 5-6 years count. Make that money and gain experience because those good times will NOT last. By 2010 or so, the mass retirement of the baby boomers will create an economic downturn to equal or exceed the Great Depression. Is all this the inevitable future? I can't say, but Mr. Dent's predictions are based on history and demographics. Perhaps the new technologies waiting in the wings to replace computers are the latest big thing -- biotechnology and Nanotechnology -- will change his equations. I don't know, but if you're planning to change to a computer career, don't put it off any longer. Next: Teach Yourself Web Publishing with HTML and XHTML by Laura Lemay *********************************************** ********************************************** |
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Use Your New Computer Career as a Stepping Stone to Even Greater SuccessSend off for your free 7-part Techie Plus eCourse now. So that you can learn:
It's fast and easy. You will receive the first part in your email box within minutes. I respect your privacy. I will never sell, rent or trade your email address. After you subscribe, the form will redirect you to a thank you page. Thank you! Rick Stooker |
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Permission is granted to reprint the above article in an ezine or on a website as long as it is reprinted in full, with no changes, with full credit and with this contact information and link included at the bottom. All other rights reserved. Copyright 2007 by Info Ring Press All Rights Reserved. Computer Careers (Home) Sitemap Contact Privacy Info Ring Press Richard Stooker PO Box 617 130-G Ballwin Manor Dr Ballwin, MO 63011 (636) 394-2052 rick@inforingpress.com |