Read? You Love Your Job But Your Company Doesn't!!! (2) As usual, Uncle8888 went for his "free" coffee black and before he could sit down. Someone came over to his seat and tapped his shoulder and called out his IC name! One ex-colleague whom he has never met for more than 20 years. He was retrenched at 43 during AFC 1998. After two years of looking for job, he finally landed Project Manager job with MOE; but he has to work long hours; and sometime has to burn weekends too. After one and an half year; he gave up after thinking why he has to work so hard for others (bosses?) and decided to become full time property agent working hard for himself. Then came SARS; property market crashed big time! He bought two properties at very good price for himself instead of finding clients to buy them. These two properties finally leaded him to financial independence. Both properties, one in Botanical Garden and other one in Tiong Bahru went enbloc! His third property is currently in the process of enbloc!
Luck or unlucky to be retrenched? Luck or unlucky to have sucky job? Only hindsight then we know.
Last updated : 15 Sep 2018
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016.
Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
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