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Should I go back to school, continue being a real estate agent or go into the finance field as a equity trader?

I'm currently a real estate agent, really young and debating whether I should go back to college perhaps full time/part-time to pursue a degree in economics or finance. I also have the option of diving right into the finance field as an equity trader and building my net worth that route. My aim is to increase my net worth to $1,000,000 in net assets in roughly 5 years and am looking at what is my best option. Do you folks think I should be thinking more long term than short term or bit of both? Quite a few intelligent people have said that I need to get a degree, even though it won't make me wealthy, having that degree will open up doors down the line, and make me into a more well-rounded individual. However at the same time, I feel going back to College (still a freshman by unit standards) it will delay my goal and I will be in the same position I currently am, being out of college at that point in time. So far I really haven't made any money in real estate as an agent, but the potential is certainly there, as I am working with a team. Some tell me to make money now in real estate, then when I am financially stable, go back to school and pursue the degree. My ultimate goals in 10+ years is to either be a real estate developer and/or hedge-fund manager or combination thereof. I don't want to get to a certain age and regret not having gone for at least my Bachelor's degree. I've had two multi-millionaire's tell me it shouldn't stop you from being successful in real estate and doesn't matter. So the options are: (in no particular order) 1. Go back to school, either full time or part time while keeping my hand in real estate on a part time basis or equity trading for a bit as well -- however realistically speaking I probably won't make much income due to my focus being dispersed. 2. Continue full time as a real estate agent, and in 2-3 years probably be making around $80K a year or more, with the hopes of building a sizable nest egg to then go into real estate development 3. Go in as a full time equity trader and look to build my nest egg and then down the line work for a hedge fund. What do you folks think and this is assuming I have passion for both RE and as a trading career. I feel I am probably over analyzing this too much, however I value my time and future, and obviously would like to take the best course of action. Yahoo Community -- what are your suggestions, advice, experiences, thoughts on the above mentioned? Thank you very much in advace and very much appreciate it.

Public Comments

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