I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

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

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



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Value Investing
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Monday, 9 April 2018

Part-Time And Free Lance Jobs


There is difference between part-time and free lance jobs. Auntie8888 is working on 3 half-day part-time and Uncle8888 is working on 8 HWW (Hours Work Week) and free roaming across the island of Singapore in MRT trains and buses with plenty of walking up stairs and escalators.

Read? One Year After Retirement From Full-time Job As Employee

Part-time workers by Law still entitled to pro rated annual leaves, medical leaves and medical benefit e.g. $10 claim per consultation visit. They still need to apply for annual leaves for absence from work and needs boss's approval.

For free lance jobs; there are no annual leaves and medical leaves. 

For any absence from work, we just need to notify job co-coordinator to arrange for job covering. No approval needed!

Many of us may not like our full-time job with tough KPIs thrown at us by our bosses. How about part-time or free lance jobs?

Some time; Uncle8888 passed by and stopped at job fairs to browse; there are plenty of vacancies for part-time jobs. :-)

Actually; the true objective of seeking financial independence is about getting out of Rat Race in the corporate world of Bell Curve rating and job appraisal which help to promote peers back-stabbing and office politics to get or stay ahead of peers.

Once we get out of Rat Race after financial independence; whatever we choose to do after retirement from full-time employment doesn't really matter much.

Last Saturday; Uncle8888 met his senior ex-colleague who is now in his 70s. He told me after a few years of retiring after 55 (last time retirement age is 55); he went to work on part-time (on demand basis)  to deliver spare parts for workshops until he realized he had difficulty to walk longer distance and stopped working. 

Nowadays; he has to find more kopi drinking kakis to past time. He quickly jio Uncle8888 to lim kopi! LOL!











1 comment:

  1. Hi Uncle CW,

    That's the thing lor! Not everyone can 'afford' to do part-time or freelance because they want to continue on with their current lifestyle. Most importantly must reduce expenses first :)

    ReplyDelete

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