As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Sunday, 22 April 2018

Part-Time And Free Lance Jobs (2)


Read? Part-Time And Free Lance Jobs



"Somehow; one day on 15 may 2017; he received an offer for 8 HWW (Hours Work Week). A simple job with plenty of walking exercise on every Mondays and Thursday (any time from 11 AM to 6 PM to complete this simple job task. Uncle8888 takes less than 4 hours to complete each task with his power walk)"


In reality, nothing is safe from being taken away!

Started this 8 HWW (Hours Work Week) last June 2017; and in less than one year in this job; he realized tough competition in F&B space in retail malls. 

Three outlets have closed shop and existing space taken over by other brands under different owners. 

Two outlets did re-branding under the same owner. One of the two did second re-branding after three months as the previous re-branding didn't survive.

From 16 outlets to 13 outlets; of course he suffered 19% pay cut in less than one year! LOL!


In reality, nothing is safe from being taken away!

3 comments:

  1. If economy is hot & easy money with low interest rates are plenty, there will always be people trying their luck with new shops & make-overs.

    When economy starts to slow down ... well, you'll have a front row seat to see the downturn.

    Pls give us the heads up when only 8 or less outlets left ... recession may be at hand! LOL!!

    ReplyDelete
    Replies
    1. When closed outlets remain vacant for months that is recession

      Delete
  2. Err......

    Why GST no increase this year?

    So good ah...

    The hawkers' prices have increased(inflation?) so that "Food Court's prices" are normal prices at at hawker centres.

    What are "Food Court's" prices now?

    Equivalent to reastaurant's prices?

    ReplyDelete

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