(11-03-2015, 10:27 PM)opmi Wrote: [ -> ] (11-03-2015, 10:20 PM)paullow Wrote: [ -> ]In my case, I had a rude shock when I cut down on my work, only to have those excess days filled up with household chores, like fetching kids here and there, doing marketing, becoming the diy man at home. Ended up I had a burn out during the time when I had cut down my work, rather than when I was working long hours.
I empathize with you. Man is not wired to do the above full time.
I am doing those right now, so I understand how you feel. In between fetching, I will be supervising my kids on their homework, browsing the forum, digging financial reports, and preparing dinner. It is tough.
So for those guys here who want to stop having a fulltime job early while kids still schooling, do think twice.
Ok onto living modestly and having at least 2-3 million in hand.
Some forummers have said 15% is not likely. To that I say they are mostly right, while it is possible to do that over a bull run, it is more difficult over a longer period of time. The key words here is sustainability and certainty. There is no absolute guarantee. Even for a private sector job, we just would not know what's in store for the future.
So a sum need to be set aside for expenses to ride though the tough times. And in order to have better returns in the longer term, money need to be set aside for investing in tough times, that's where the greatest opportunities present itself. So the initial pool of invested monies can be at most just a portion of the total sum if you are going full time. The simple math of calculating returns on a per annum on the total sum just doesnt work. The investment cycle is not a straight line.
seems that i hv to do a parttime job while doing investment for a living.
few job profession that i can think of:
1) Property agent
2) Taxi driver
3) tuition teacher
4) online shop
anybody got feedback on the above mentioned jobs?
any other parttime job to add on?
(12-03-2015, 07:15 AM)funman168 Wrote: [ -> ]seems that i hv to do a parttime job while doing investment for a living.
Second hand car salesman?
Or do some retail job during weekends when the markets are closed (à la my idol SMOL...)
(12-03-2015, 07:15 AM)funman168 Wrote: [ -> ]seems that i hv to do a parttime job while doing investment for a living.
few job profession that i can think of:
1) Property agent
2) Taxi driver
3) tuition teacher
4) online shop
anybody got feedback on the above mentioned jobs?
any other parttime job to add on?
Bloggers? Esp food bloggers. Some of them like no need to cho kang one.
(11-03-2015, 10:27 PM)opmi Wrote: [ -> ] (11-03-2015, 10:20 PM)paullow Wrote: [ -> ]In my case, I had a rude shock when I cut down on my work, only to have those excess days filled up with household chores, like fetching kids here and there, doing marketing, becoming the diy man at home. Ended up I had a burn out during the time when I had cut down my work, rather than when I was working long hours.
I empathize with you. Man is not wired to do the above full time.
And I thought that I was just being lazy. Good to be among my kindred.
(12-03-2015, 07:15 AM)funman168 Wrote: [ -> ]seems that i hv to do a parttime job while doing investment for a living.
few job profession that i can think of:
1) Property agent
2) Taxi driver
3) tuition teacher
4) online shop
anybody got feedback on the above mentioned jobs?
any other parttime job to add on?
My friend moonlighted for a while during evenings I can't remember was it as part time teacher or relief teacher at one of the private uni says it was pretty good pay supplemented his main income job.
So I imagine when market close at 5:30pm you can go give night class lecture for 2-3 hours earn a few hundred better than driving taxi 8-12hrs looking for fare just to make around $200. nice aircon environment many eye candy to look at what's not to like
If you want more odd jobs also have but late night work, another friend moonlight as valet driver for drunks, you find a good party area plenty of pubs stick your name and contact number on wall for valet driver, revelers drink too much dun want to drive will call you, you come down drive them in their cars bring them home I think get around $40-$50 but usually only friday or saturdays have drunks but hey it's easy job all cash and best of all tax free.
Take your time to chart your next course of life, meanwhile, spend your time talking to virtual friends here.
Might not be able to help directly, but at least can sort of take a little stress off you during this period of time.
So “Have a break, have a kit-kat” sounds familiar? After that, everything will fall into its rightful place! Believe me, it has got to be this way!
Oh not sure if you aware of such a thing as midlife crisis?
“The midlife transition is looked on, more and more, as a normal part of life.”
Here’s something interesting for all to share, and hopefully can help to take the blues away after reading it:
http://www.webmd.com/depression/features...ity?page=2
(12-03-2015, 07:15 AM)funman168 Wrote: [ -> ]seems that i hv to do a parttime job while doing investment for a living.
few job profession that i can think of:
1) Property agent - seems like not a good time to enter
2) Taxi driver - taxi can double up as pte car
3) tuition teacher - tuition centre need full time MOE trained teacher
4) online shop - no comments
anybody got feedback on the above mentioned jobs?
any other parttime job to add on?
instead of quitting and thinking "this is it!" to the corporate world, how about a sabbatical? If your age/industry allows for a sabbatical..it could give you an idea of how it is like doing investment full-time.
I like your idea of part-time work. What about trying for a part-time lecturer post at a polytechnic? Poly Lecturer would probably balance societal and family "pressures" too
(12-03-2015, 10:23 AM)namralk Wrote: [ -> ]instead of quitting and thinking "this is it!" to the corporate world, how about a sabbatical? If your age/industry allows for a sabbatical..it could give you an idea of how it is like doing investment full-time.
I like your idea of part-time work. What about trying for a part-time lecturer post at a polytechnic? Poly Lecturer would probably balance societal and family "pressures" too
poly/uni lecturers quite hard to get in. unless know people. quite hard. usually they want people with some teaching experience.