DEFINITION of 'Coaster'
A coaster is a slang term for an employee with low ambition and, consequently, low productivity. A coaster is an worker that simply "coasts" through his duties by doing the minimum amount of work to keep his position.
"High" income is relative in that job category/grade/role among our peers!
Those very senior colleagues among us who are earning "high" income; but coasting!
Walau!
Uncle8888 has been in that position coasting for more than 10 years before finally retiring at 60.
Now; Uncle8888 is back to coasting in his investment i.e. doing the minimum amount of work to keep his investment portfolio at 6 to 7% ROC.
Lazy investor!
Posts
Weekly Recap & Upcoming Market Movers – 22th October 2018
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Last Week Recap Last week the US stock market closed relatively unchanged
after weeks of selling, Dow was up +0.4% while the S&p 500 was up +0.02%
for the ...
5 hours ago
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