Which is the better job, being an insurance agent or being an introducing broker for a Forex company?
I found both opportunities at the same time. Both are soley commission based. Both require that I market and sell information to people I know and to people I dont know. Both have unlimited income potential which depends on how much I want to push myself.
I would do both jobs but the insurance company wants my to sign a contract that would make me exclusive to them and I wouldnt be allowed to have a second job. Where the Forex company is okay with me having other jobs, heck I can even work for another Forex company.
Whats great about the Insurance company is that they are one of the best in the United States. They are well know and they have a system in place that makes many of their agents a lot of money every year.
If you respond please include your financial background.
Tagged with: financial background • Forex • insurance • insurance company • jobs • money • second job • united states • unlimited income potential
Filed under: Forex Companies
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If I were you, I’d go with the Forex company. Forex is a growing business whereas insurance is a business that matured a while ago. Any company that is fully commission-based and makes you sign a contract that doesn’t allow you to work somewhere else is just not really worth your time. What happens if you don’t make any money in that firm? Are you going to starve? Total baloney.
If you really want to work in insurance, then I suggest you go work for a company that, at the very least, pays you a weekly stipend (e.g. – Metlife).
Financial background: Financial Advisor at Citigold Wealth Management (2 years)
Standard and Poors Investment Analyst (2 years)
Current NYU Stern student and H&R Block Tax Specialist.
First off, Congrats!! Both are promising careers. However, you have evaluate what you can see yourself doing and being happiest with in the long term.
From where I sit, Insurance would be a lot easier sell than FX. People will always need insurance and you can stop anyone on the street and they have at least heard of it.
Can’t do that with Forex.
introducing broker for a Forex company sounds like the one with the biggest $$$$$ potential