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.

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Value Investing
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Thursday, 15 June 2017

What Next After Reaching Financial Independence??? (2)


Read? What Next After Reaching Financial Independence???

 Read? This South Korean tech start-up hires only seniors over 55, to prove a point

 CW8888: Work 200 mins work-day. Okay lah! Singapore have?

 The company rosters their workers on four-hour shifts, and makes it compulsory to have a 10-minute break every 50 minutes.

 The office is decked out with a chic pantry, a breakout area with couches and books, and even a blood pressure machine that staff can use during their break time.
Posted by Createwealth8888 at 09:26
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4 comments:

  1. Singapore Man of Leisure15 June 2017 at 11:07:00 GMT+8

    temperament,

    You think why I went back to working weekends at the selling floor for next to nothing?

    I feel good that I still "have it".

    Can entertain the recently married young couples with my nonsensical style of humour, flirt with the more mature female customers, and once in a while, practice my Zen when customers or supervisors half my age raised their voices at me...

    LOL!

    ReplyDelete
  2. Spur15 June 2017 at 13:37:00 GMT+8

    All employers want to hire cheap. Most jobs don't need experts or 10 yrs experience. Can mostly fulfill job functions and continue to bring in revenue can liao. So the only thing is how expensive the worker??

    Even illegals also can as they are even cheaper, provided got sufficient margin of safety. If say the law changed to mandatory 10 yrs jail plus 10 strokes rotan for employers, then most employers will say not worth it liao.

    The main cure for flooding of foreigners is that their home countries quickly develop and their home salaries rise enough, to make it uneconomical for the effort & sacrifice to come to SG.

    Currently many of them are earning in SG equivalent to 6X to 15X their home salaries. I used to work with foreigners who openly tell me their 1 month SG salary is equal to 1 year's pay back in their home country.

    With this kind of 15X difference you can't hold back the foreigners & the employers, unless by forceful legislation & enforcement.

    Since SG operates on pro-business and many of us also want SG companies, stocks & REITs to do well, hence foreigner flooding will still have to continue for at least next 20 years.

    I rather let foreigner work hard than I work hard!! Hahahaha!!!!

    ReplyDelete
    Replies
    1. Spur15 June 2017 at 19:59:00 GMT+8

      Haha I also kena fallout from depressed wages --- finally decided not worth to slog liao! :) :)

      SG govt will need to prioritize their policies and see how best to balance economic growth & social stability. This one too headache for me to worry liao. Hahaha!!!

      But seriously, if you look at SGX blue chips, performance sucks over the last few years, especially considering the tons of liquidity sloshing around the financial systems. Quite pathetic compared to US stocks or even Indian stocks. This is one argument for being globally invested, or at least being aware of various opportunities.

      Most people who made money in local counters are those who bought at lows e.g. 2009 or 2011, or who are lucky in punting small & micro caps. Now is punting for IPOs ... Hahaha, reminds me of 1990s.

      Delete
  3. tccorg15 June 2017 at 13:53:00 GMT+8

    Excellent effort to make this blog more wonderful and attractive.
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    ReplyDelete

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