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!

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Friday 17 August 2018

F&B workers in Singapore to be assessed if they can get on wage ladder (2)


Sunday, 24 June 2018

 Read? F&B workers in Singapore to be assessed if they can get on wage ladder

Walau!

 Two outlets closed shop this month now. 

They truly practice cut losses to stop bleeding more cash!

 Tough business!!! 

 Any youth thinking of opening F&B business?

 Left 14 outlets in 8 shopping malls and that is 2 outlets and 1 mall less than he has started on Jan 2017. 

Posted by Createwealth8888 at 23:09
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5 comments:

  1. Createwealth888817 August 2018 at 23:17:00 GMT+8

    Look like high rate of failure in this sector for new comers.

    ReplyDelete
  2. CreateWealth888818 August 2018 at 14:28:00 GMT+8

    Losers can come and go but landlord will continue to win unless the economy collapse

    ReplyDelete
  3. Sy18 August 2018 at 18:57:00 GMT+8

    Hi bro cw

    I feel that f&b now quite challenging as a lot big brand & good brand competitors & also have to compete with local hawkers nice & cheap food. I saw some youngster they open stall at pasar malam the idea not bad... Can test water at pasar malam 1st before invest big money in kitchen appliances, reno shop, get employee bla bla bla... just sharing :)

    Sy

    ReplyDelete
    Replies
    1. Createwealth888819 August 2018 at 10:39:00 GMT+8

      Is starting F&B consider as Start Up and waiting for angel funding to grow? No?

      Delete
  4. Sy19 August 2018 at 14:40:00 GMT+8

    Hi bro cw

    Yes. Can get govern funding thats what I heard from a fren said...

    ReplyDelete

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