[3] After graduating from the University of Michigan, Kangas entered the United States Coast Guard in the early 1960s and served aboard the USCG Cutter Mackinaw.
[citation needed] Later, he served as aide to the admiral in command of the 9th Coast Guard District in Cleveland, Ohio.
[3] Kangas earned his broker's license after studying at the New York University Stern School of Business.
[4] While a stock broker,[1] Kangas began his career as a broadcaster at WINZ, a CBS Radio affiliate in Miami owned by his biggest client.
[4] Kangas joined Nightly Business Report in 1979;[1] in 2003, his "Stocks in the News" segment earned a Financial Writers and Editors Award from the Medill School of Journalism at Northwestern University.