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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Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
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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!

2 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

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