Terror and Tedium for $500 a Day
James Yeager, 36, teaches firearms, self-defense and bodyguard skills at his security company, in western Tennessee. He was a bodyguard in Iraq for ten months.
What did you do in Iraq?
I helped provide security for Iraqi election commissioners for the country's first election.What's bodyguard duty like? Weeks of boredom and seconds of sheer terror. The biggest dangers: bombs and gunfights from cars.
How good is the pay?
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
There are probably still guys making $1,000 a day. But such high-paying jobs are scarce. Now the pay's about $500 a day.
How many of those who work as bodyguards do it for service, and how many do it for the money?
At the end of the day, everybody has to pay the mortgage. But every U.S. security contractor I've worked with also had a higher sense of purpose.
How did you get into the bodyguard-training business?
I worked in law enforcement for 12 years, started teaching classes in firearms handling and branched out from there. I started my business, Tactical Response, in 1996. After I was in Iraq, I realized that good training was rare and that there was a niche I could fill.
So, why the tour in Iraq?
I look on it as an extension of service to my country. Some days, I thought being a cop was the right choice; other days, I thought I should have been in the military. When I saw that plane hit the second tower, I knew I should have chosen the military.
What training do you need to be a bodyguard?
People need training in shooting, driving, medical aid and executive protection, which is everything from checking routes to reminding clients to take their medicine.
How much would that cost?
You're looking at a minimum of ten grand.
Who typically takes your courses?
Most are military or police. But about 10% to 15% have no intention of ever going into a combat zone. They want to learn new skills.
-- Interview by Robert Frick
Get Kiplinger Today newsletter — free
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
-
Stock Market Today: Stocks Rally Despite Rising Geopolitical Tension
The main indexes were mixed on Tuesday but closed well off their lows after an early flight to safety.
By David Dittman Published
-
What's at Stake for Alphabet as DOJ Eyes Google's Chrome
Alphabet is higher Tuesday even as antitrust officials at the DOJ support forcing Google to sell its popular web browser. Here's what you need to know.
By Joey Solitro Published
-
Roth IRA Contribution Limits for 2024 and 2025
Roth IRAs Roth IRA contribution limits have gone up. Here's what you need to know.
By Jackie Stewart Last updated
-
How to Find Foreclosed Homes: Best Foreclosure Listings Sites
Making Your Money Last Find foreclosed homes for sale on these foreclosure listing websites. Search for properties on these free, paid or government sites.
By Bob Niedt Last updated
-
Four Tips for Renting Out Your Home on Airbnb
real estate Here's what you should know before listing your home on Airbnb.
By Miriam Cross Published
-
Five Ways to a Cheap Last-Minute Vacation
Travel It is possible to pull off a cheap last-minute vacation. Here are some tips to make it happen.
By Vaishali Varu Last updated
-
How to Figure Out How Much Life Insurance You Need
insurance Instead of relying on rules of thumb, you’re better off taking a systematic approach to figuring your life insurance needs.
By Kimberly Lankford Last updated
-
Amazon Big Deal Days Is Coming! We’ve Got All the Details
Amazon Prime To kick off the holiday season with a bang, Amazon Big Deal Days runs Tuesday, October 8 and Wednesday, October 9.
By Bob Niedt Last updated
-
How to Shop for Life Insurance in 3 Easy Steps
insurance Shopping for life insurance? You may be able to estimate how much you need online, but that's just the start of your search.
By Kaitlin Pitsker Published
-
Five Ways to Shop for a Low Mortgage Rate
Becoming a Homeowner Mortgage rates are high this year, but you can still find an affordable loan with these tips.
By Daniel Bortz Last updated