Job Opportunities for Freelancers
Fast Freelancing Funds
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As already said in Chapter 1, Alfred Winslow Jones (1923-1989) is considered the father of the first hedge fund. During World War II he was a writer and editorfor Fortune magazine covering a variety of topics from finance, to politics, to the war effort. By 1948 he had left Fortune but was working on a freelance article for the magazine entitled Fashions in Forecasting . It was while researching this piece that he interviewed the most successful money managers of the time and began to formulate ideas for a new type of fund. Jones was not convinced of his ability to predict the direction of the market consistently. He thought he had good stock picking skills but admitted that he was not able to predict the direction of market trends.
Your Service Circle is composed of specialized independent contractors and freelancers. These service providers will perform specific functions for a particular property or transaction. They are the inspectors, electricians, painters, and others you may need depending on the situation. But their scope is limited. What they touch in a transaction usually is confined to what they specifically do or the special service they provide. You will personally direct them in the work they do, or your support team will manage them. In the end, the details of the transaction will dictate which service professionals you will need.
Again, the scope of our work agreement determines the amount of base pay. On average, I've found that 12 to 16 an hour will get me a good person for the job. You might pay more or less. If you choose the caretaker approach to handling everyday operations,you'll just have to test the waters.
An accomplished freelance personal finance writer, Eric is the author of the national bestsellers Personal Finance For Dummies and Investing For Dummies, co-author of Home Buying For Dummies and Taxes For Dummies, and is an award-winning columnist for the San Francisco Examiner. His work has been featured and quoted in dozens of national and local publications, including Newsweek, The Wall Street Journal, Forbes, Kiplinger's Personal Finance Magazine, the Los Angeles Times, and Bottom Line Personal and on NBC's Today Show, ABC, CNBC, PBS's Nightly Business Report, CNN, CBS national radio, Bloomberg Business Radio, and Business Radio Network. He's also been a featured speaker at a White House conference on retirement planning.