As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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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
Dividend/Income Investing
Technical Analysis and Charting
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Saturday, 22 December 2018

You Love Your Job But Your Company Doesn't!!! (4)


Read? You Love Your Job But Your Company Doesn't!!! (3)

Another ex-colleague whom he has never met for many years. He was head-hunted to join our competitor. That Time his company loved him so much and so willing to pay to cross over. 18 years later; he became a cost cutting tool to his company.

Two months ago he was retrenched in his early 50 or late 40. He has received 18 months payout i.e. one month for each year of service so he has fully paid 1.5 years for him to find replacement job. Not too bad!

Read? The Myth Of The Bell Curve: Look For The Hyper-Performers

Read? Depreciating human asset

2 comments:

  1. Continued trade war will put a dampener on many S'pore based companies...

    That's why people should be praying for continuation of large drops in US markets.

    This will convince Trump to change tactics as he really wants a feel good economy to help with re-election in 2020. :)

    ReplyDelete
    Replies
    1. Selective retrenchment zeen now may be sign of bad time ahead

      Delete

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