Which jobs will help you get richest in the US?



It is clearly that money can't buy the love, but it would it be nice to have enough money to buy anything you want, is it true? So what is the best way to get rich fast?  It is get a dream job that very few people have.

The best way to become rich is to get a job that is very difficult to get into, especially when the professions set the rules for you to join.  

For example, if you want to become rich, technology can help you get there, but it's not that easy.  In 2019, about 2.4% of software developers made it to the top 1% of income earners in the US.

 In his 2015 book "A Republic Of Equals", the economist Jonathan Rothwell pointed out in his book that the number of software developers in the United States has been  8 times more than the number of dentists, but the number of dentists in the list of the top 1% earners is no less than the number of software developers in the US.

Which jobs will help you get richest in the US?A high-income profession is lawyers / ph: pexels

 Indicators in the engineering industry are not very high either, with only 2.2% of electrical engineers in the top 1% of the US' highest income earners.  Similarly, only about 3.3% of chemical engineers and 0.8% of industrial engineers make it into the top 1% list.

Art is also not a hot industry as among the people trying to get rich like actors, directors or producers, only 2.1% of them make it into the top richest.  

 So which career makes you richest in the US? It is a medical profession where you can both save lives and make a lot of money.  A third of the doctors, including 58.6% of surgeons, are among the 1% of people who make the most money in the US.

 Still, according to the economist Rothwell's book, if in Spain, Sweden and Iceland, doctors could make twice as much income as a normal worker, American doctors could make 5 times more income.  Why so?

 Career barriers, including the difficulty in learning and education, have helped them get such a high income.  The number of medical school students is always limited, in the 2018-2019 school year, only 41% of the students who registered for the School of Medicine passed.  In addition, US federal law also limits the number of boarding students supported by the Medicare Foundation.

Not to mention usually, it takes at least 11 years to train 1 doctor, with costs up to several hundred thousand dollars.  But once you become a doctor, you are protected by state law from the competition of employees with lower costs of education.

 Dr. Rothwell cites studies showing that nurses and dental hygienists can perform many of the tasks currently performed by doctors and dentists, but at a lower cost.

 Another high-income profession is lawyers.  Census data for 2019 shows that about 14.5% of lawyers are in the top 1 earners thanks to barriers to entry, competition limits, and substitution restrictions.  For example, in most states in the United States, it is illegal for a person other than a lawyer to own a law firm.

 If you can't do the aforementioned jobs, get a job in venture capital, hedge fund, or private equity fund.  Don't work in consumer banks.  Companies with low options fees don't make you earn too much money.

You can only really make a lot of money when managing high-end investment vehicles which only accessible by only the rich or wealthy organizations.

 In the US, when you are rich and have a lot of money, there is another way to help you get richer is to invest in houses based on where has limited planning.  Only 84% of the land in Charlotte, North Carolina, and 94% of the land in San Jose, California, for example, is planned for privately owned detached homes.  These restrictions keep home supply is always low and add value to those rich enough to own houses there.

 One of the ways to rich quick">get rich quick in the US is not by inventing a new, useful product but by starting companies and selling them.  That may seem risky, but remember to join groups and clubs including legislators and protect professional associations that makes it easier for you to get rich.

Which jobs will help you get richest in the US?

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