Off Shore Doesn't
Mean What it Used to! 

There’s a new buzz phrase in corporate America, "off shoring". Perhaps you’ve heard of it. Off shoring is when companies send jobs over seas where the labor will be far cheaper.

I’m a big proponent of taking control of your life and not leaving your fate in the hands of a company. Well here’s yet another reason to think this way.

Off Shoring is Nothing New

It hit the manufacturing sector during the late 1980s when many blue-collar workers, in cities like Flint Michigan lost their jobs. Back then it was referred to as "outsourcing". These jobs went to workers in areas like Mexico City, again because the labor was over 50% cheaper.

I used to work in the automotive industry in Flint. The town was devastated when thousands of workers at General Motors’ plants lost their jobs, due to outsourcing. Did you ever see Michael Moore’s 1989 movie "Roger and Me"? It chronicles Flint.

Service Industries are
No Longer Immune

This time it’s the white collar worker’s turn. Professional and technical workers are now losing their jobs to cheaper labor in places like India and the Philippines. These are service jobs in a variety of industries including, Insurance, Accounting, Information Systems, Customer Service and Healthcare just to name a few.

For example, a major U.S. accounting firm has hundreds of accountants processing U.S. tax returns at its Bangalore, India tax prep center. This is a relatively new venture for this company, but they already have plans to double the center’s size very quickly.

You would be surprised at how many of your insurance claims are processed in offshore locations.

As one executive said, "Corporate America is quickly learning that a cubicle can be replaced overseas as easily as a shop floor can".

Think You're Safe Because 
You're in Management?

Think again. It’s not just clerical workers being affected; it’s also managers and specialty workers. It’s estimated that 17.4% of unemployed Americans are administration and professional workers.

The problem is just going to get worst. Forrester Research predicts that in the next 15 years 3.3 million service jobs will move to countries like India, Russia, China and the Philippines.

The practice of off shoring will save companies billions of dollars and continue to line the pockets of executives, but do you really think we will see the savings passed along in the form of lower prices?

Now is the Time to 
Begin Taking Control

Real estate investing offers everything that you need to take control of your life and build the true wealth that will carry you through retirement.

Real Estate jobbing is a perfect risk free way to begin learning about real estate investing. Learn hands on from experienced Investors. Avoid making costly mistakes and earn while you learn!

Don't wait for your job to be shipped overseas, and your family's financial well-being along with it.