All good points above. Also, it can be very helpful to follow the economy. There's lots of speculation about what's going to happen with interest rates in the coming months. The rates the Fed set don't necessarily have a direct impact on loan interest rates, but there seems to be an indirect impact, which only makes sense. Rates are now artificially low and will eventually start going up - and that could cause a significant drop in the volume of loan signing work available.
If you've already left your job in dentistry, it might be wise to look for another one while you pursue your notary business, unless you don't need the money... You could do some signings in your time off and begin to learn the business that way - then figure out if you think it's going to be the right next step for you without completely giving up a steady income. |
