2017 in review - Current Business

It's just a week before we usher into 2018. Having done a year of review for the finance sector, it's time for me to review about my accomplishments in the current business (essentially my day job) and to plan for 2018.

2017 hasn't been so so for me. Career wise, this is the year where I feel that I have been left to "rot", and it's a year where I see the future of my career stagnating. There is no signs of promotion for me, in the near future, nor is there any signs of a change in the role (for the better) for a long time to come. It seems that I have been forgotten, or overlooked for most things. I attribute this to a lack of networking within my own organization.

In terms of pay, my pay increment has been in line with the organization's overall pay increment. With no promotion, it's a normal increment to adjust for inflation and so on. I have come to realise that significant pay increase only comes with either a change of job or promotion. Having been in the same role, same grade for almost three years, it's time I look at increasing my pay significantly. For the same amount of time and risk I put into the job, I prefer to go for the one that pays more, as it simply means a better appreciation of my efforts.

Thus in 2018, the focus will be on better networking, and also to explore better opportunities.

Comments

After 2 years of Sabbatical from Work, THIS IS IT!

I took a sabbatical from the corporate work back in end 2021. It's going to be my 2-year anniversary for my sabbatical. But , it's time to get serious earning money full-time. Here's why... Meeting Passive Income Objective I haven't been working, and my income was mainly contributed by my passive income from dividends/stocks . If it goes as it is, my passive income this year should be about $2000/ month , or about $24,000 a year. This is $6000 up from last year. Going at this rate, I should grow at $6000/ year. Just like GDP which is always reported as an increment rather than at absolute amount, so does passive income growth, doesn't it? The amount of cash that I have, has slowly been used for invested. And to meet the growth target, it's basically increasing the returns, putting more into the investments, or both. At my comfort level, I'm going with increasing the amount invested. This means finding fresh funds. A full-time job should solve this problem

I worked NOT in 2022 - Here's my income report and lessons learnt

It's late January of 2023, and while it seems a bit late to talk about 2022, it's probably a year where I should pen down because it's different from the rest. 2022 was a year where I worked not at all since I graduated, and I wanted to pen my thoughts. For curiosity sake, I typed in my topic into the chatGPT, and this was what it gave: Well, how do you find ChatGPT's year? I would rate ChatGPT's response as highly excellent. If I were some student writing some journal entry just to submit for as homework, I'll probably submit this. But while AI can help us with general task, it cannot be us, unless we feed in enough inputs for it. So below is my version, of how 2022 was, a year where I worked NOT. My Income For 2022 Below is a chart showing my income for 2022. And they are broadly divided into 3 sources: Interest from bonds (including the Singapore saving bonds, but excluding T bills), dividends and T- bills. My Income for 2022 The 6 months T-bills become

Passive Income Report YTD and Plans forward

I worked not this year, and here's my income for the first 3 quarters of 2023: My income comes from 3 sources: Interest income from T bills, Interest income from bonds (which includes Singapore Saving bonds and other retail bonds), and Dividends (mainly from STI ETFs, with some other stocks). This year was an improvement from last year's income ( read here ), not because of what I've done this year, but from what I've done last year - delayed gratification. Even more delayed gratification, was from the saving I accumulated since I started working. Grateful to myself for having few material desires. If $2000 is the minimum survival sum, I probably survived 62.5% of the time. If I average out the 8 months, I met the minimum survival sum on a monthly basis. My goal for this year is to hit $24,000 passive income, and with 66.7% of the year passed, I'm 70% there. June has been the best month to date, and as you can see, it's contributed mainly through intere

My CEO Journey

Search This Blog