As from April 2013 my Journey in Investing is 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!

Currently; it about 54% to destination!

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

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Value Investing
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Monday, 29 June 2020

Retrenchment Is Real And Can Happen To Anyone. Be Ants and Make Hays While Sun Shines!


Read this well written? My Company Will Be Undergoing Restructuring. What is My Backup Plan?

 They are Uncle8888's few ex colleagues; statistically this is a small sample and random size in one company indicating a much larger number of retrenchment happening out there in Singapore over those past years. It can happen to anyone!

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









Posted by Createwealth8888 at 08:43
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2 comments:

  1. Spur29 June 2020 at 12:08:00 GMT+8

    This year's graduating cohort all applying for CS & teaching LOL.

    More straight-A's for PSC and stat boards to choose!

    ReplyDelete
    Replies
    1. Singapore Man of Leisure29 June 2020 at 13:55:00 GMT+8

      Spur,

      Its a good indicator of sentiments in the private sector.

      When big daddy has trouble attracting people into teaching, the private sector must be boom time Charlie!

      And the reverse when things are gloomy in the private sector...


      Another kick-the-can-down-the-road alternative for new graduates is to continue on to do their Masters if they got access to their parents' "private scholarships".

      The more paper qualifications the better right?

      Delete

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