tag:blogger.com,1999:blog-7295314650616694802.post3139848806933130081..comments2024-03-25T00:21:25.742-07:00Comments on 30 Year Old Investor: I'm retrenched: 3 things to think about30YearOldInvestorhttp://www.blogger.com/profile/18442456587123026225noreply@blogger.comBlogger30125tag:blogger.com,1999:blog-7295314650616694802.post-32463768994747020292022-10-13T01:46:09.219-07:002022-10-13T01:46:09.219-07:00its really amaig article Jasa Best Advertising Bus...its really amaig article <a href="https://maxx.co.id/" rel="nofollow">Jasa Best Advertising Business Jakarta</a>jasavrhttps://www.blogger.com/profile/06186521789427808059noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-62430862208334270582019-08-10T01:52:38.614-07:002019-08-10T01:52:38.614-07:00Thanks Andrew! :) Is that your blog?Thanks Andrew! :) Is that your blog?30YearOldInvestorhttps://www.blogger.com/profile/18442456587123026225noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-40206096371441322032019-08-01T01:08:48.697-07:002019-08-01T01:08:48.697-07:00Great post ! By the way I hope you'd also fin...Great post ! By the way I hope you'd also find this post interesting: <a href="https://attorneytotoy.blogspot.com/2019/07/youre-fired-part-1.html" rel="nofollow">You're fired</a>! Andrew Jameshttps://www.blogger.com/profile/13703247472006591602noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-12674216590111742522019-06-29T23:54:51.038-07:002019-06-29T23:54:51.038-07:00Nice article, thanks for taking your time to discu...Nice article, thanks for taking your time to discuss retrenched at age 31, the information provided can be very useful.<br /><br />Interested in bitcoin crypto currency? Let me present you this website where you can win upto $200 in Bitcoins every hour, no strings attached! Multiply your bitcoins games, free weekly lottery with big prizes, also a free bitcoin savings account with daily interest: <br /><br /><br /><b>><a href="https://freebitco.in/?r=13083013&tag=june" rel="nofollow"> WIN FREE BITCOINS EVERY HOUR! </a><</b><br /><br /><br />You don't have to take my word for it, check the positive reviews all over the web and the site massive traffic. Also check a tutorial on how to use your reward points to activate bitcoin bonus options.<br /><br />Thanks!Nathan Rodriguezhttps://www.blogger.com/profile/00467773945510453392noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-58705543190782842742019-06-09T19:09:19.158-07:002019-06-09T19:09:19.158-07:00Hyom,
Fingers crossed, I won't be counting my...Hyom,<br /><br />Fingers crossed, I won't be counting my eggs before they hatch. But hoping for the best.<br /><br />KC30YearOldInvestorhttps://www.blogger.com/profile/18442456587123026225noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-77020750444030074992019-06-09T11:42:44.473-07:002019-06-09T11:42:44.473-07:00Hi K.C,
Seems like you have no problem with your ...Hi K.C,<br /><br />Seems like you have no problem with your job search. Hope to hear good news from you. <br /><br />I am doing fine. Thanks.<br />hyomhttps://www.blogger.com/profile/00175340583474513718noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-24604735657314387762019-06-09T04:53:06.227-07:002019-06-09T04:53:06.227-07:00Hi hyom!
Thanks for asking! I am currently waitin...Hi hyom!<br /><br />Thanks for asking! I am currently waiting for 2 more offers. I actually rejected one offer already hahahaha.<br /><br />Hopefully it works out. God willing. How are you?30YearOldInvestorhttps://www.blogger.com/profile/18442456587123026225noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-52094650725472403502019-06-07T22:37:37.448-07:002019-06-07T22:37:37.448-07:00Hi 30YearOldInvestor,
Any luck in your job search...Hi 30YearOldInvestor,<br /><br />Any luck in your job search so far? All the best!hyomhttps://www.blogger.com/profile/00175340583474513718noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-47379991581931720772019-05-26T23:48:06.250-07:002019-05-26T23:48:06.250-07:00Nice post, looking for employment in singapore is ...Nice post, looking for employment in singapore is not that difficult, but you need to pick the best way to search for a job like if you contact to some <a href="https://intellect-minds.com/" rel="nofollow">recruitment agency in singapore</a> than it is the best way to search for a job.Kaaminihttps://www.blogger.com/profile/01727232500187389324noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-624261523458302602019-04-15T10:14:54.228-07:002019-04-15T10:14:54.228-07:00@hyom:
Sounds very smooth! HAHAHAH i will be ste...@hyom: <br /><br />Sounds very smooth! HAHAHAH i will be stealing those lines as my own30YearOldInvestorhttps://www.blogger.com/profile/18442456587123026225noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-17542216289081428182019-04-14T08:18:47.746-07:002019-04-14T08:18:47.746-07:00Hi K.C,
For me, it was simple. When interviewer a...Hi K.C,<br /><br />For me, it was simple. When interviewer asked me why I was retrenched, I told them the entire business unit was closed down. My boss and my boss's boss were retrenched. No one was spared. This way, they got the message that the retrenchment was due to business failure and not due to individual fault. <br /><br />I was also asked what other jobs I apply. I told them I was picky about the jobs I apply because I do not want to anyhow hantam out of desperation. I only apply for jobs that I am interested and think I can add value, so as not to waste my time and the interviewer's time. <br />hyomhttps://www.blogger.com/profile/00175340583474513718noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-16650427244080027822019-04-14T07:58:48.937-07:002019-04-14T07:58:48.937-07:00HYOM:
Thanks for the tips! will make sure I have ...HYOM:<br /><br />Thanks for the tips! will make sure I have a good answer to that. How did you answer this question the last time? <br /><br />I added you to my blog list too :D30YearOldInvestorhttps://www.blogger.com/profile/18442456587123026225noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-5143153055722189902019-04-14T06:05:41.040-07:002019-04-14T06:05:41.040-07:00Hi K.C,
Wonderful to hear you are attending a job...Hi K.C,<br /><br />Wonderful to hear you are attending a job interview next week. Based on my own experience, the job interviewer will most likely ask regarding your retrenchment. So, do get ready your answer. I've added your blog to my blog list. Hope to hear good news from you.hyomhttps://www.blogger.com/profile/00175340583474513718noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-51661220492079445812019-04-14T04:24:01.921-07:002019-04-14T04:24:01.921-07:00Hi Hyom,
Whoa thanks for sharing your thoughts.. ...Hi Hyom,<br /><br />Whoa thanks for sharing your thoughts.. I agree that emotionally wise it can really spiral and bring someone down towards depression. Because many of us place our self-worth on our jobs (achievements) in life. <br /><br />It's chilling how some of your criticisms and advice from 2011 still applies in today's context. <br /><br />I too, am trying to keep positive because I personally have a friend who is laid-off a few times (some partially his fault and others not his fault) but this friend has totally become discouraged in life.<br /><br />I struggled to blog about this initially but I also hold myself accountable to document and also keep my own self in check like you said. I'm quite sure tough times wont last if we help ourselves. I shall not go into self-pity mode and spiral down. Actually blogging is great, it helps to put into words what I need to do next.<br /><br />I have an upcoming interview next week. Hope things get better!30YearOldInvestorhttps://www.blogger.com/profile/18442456587123026225noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-26596919025780469342019-04-13T18:35:46.083-07:002019-04-13T18:35:46.083-07:00Hi K.C,
I always have a soft spot for people who ...Hi K.C,<br /><br />I always have a soft spot for people who have been retrenched, particularly those in a technical field, since I am no stranger to retrenchment myself. Being jobless leaves one with a lot of time to think to reflect on the past and plan for the future. It may not be a bad thing. As long as one has enough money and in good health, most other problems in life are minor problems. For financial bloggers who lost their jobs, I believe money is not an immediate concern since these folks have good personal finance habits. Being jobless takes a toil on a person's emotions and his sense of self-worth. I self-monitored the emotions to check that my mental health remains healthy when I was jobless. <br /><br />I wrote about my own experience with retrenchment several years ago. <br />https://help-your-money.blogspot.com/2011/12/retrenchment-hits-me.html<br />Don't mean to advertise a blog link on your blog. It's more for sharing purposes.<br /><br />I wish you the best of luck to find a fruitful job soon. Update us when that happens.hyomhttps://www.blogger.com/profile/00175340583474513718noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-42337843855765011962019-04-13T00:52:58.740-07:002019-04-13T00:52:58.740-07:00Hmm, I still pretty greenhorn myself in my career....Hmm, I still pretty greenhorn myself in my career... originally, safety didn't interest me as well. But i was kind of put in charge by my boss. (actually it was a good opportunity looking back) Slowly, i realised its importance and relevance to almost any sector.<br /><br />I ever attended a good career seminar & Here are my two cents:<br /><br />1. Best scenario: We do what we like and earn a good living from it. This gives us maximum satisfaction in life.<br /><br />2. Not the best but no worry scenario: We don't necessarily do what we like but it pays well. This sometimes gives us frustration but we still can take up side hobbies after work to give it a balance.<br /><br />3. Worst scenario: we are doing what we don't like and it doesn't pay well but yet we have commitments and are unable to switch nor have time to pursue hobbies...<br /><br />For me, I realised for most people, we fall in 2 and 3. Seldom 1. I'm most probably 2 now. <br /><br />It can be just a means to an end, just exchanging time for money, IF we derive our satisfaction not from work. The question is which one is you?30YearOldInvestorhttps://www.blogger.com/profile/18442456587123026225noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-84667007142713289352019-04-12T21:19:38.899-07:002019-04-12T21:19:38.899-07:00i did consider safety, but didnt pursue it coz it...i did consider safety, but didnt pursue it coz it didnt interest me at all. i was (and still am )struggling to think if the job should be something that i should be interested in ? or should be just a means to an end? <br />in this line, we are caught between a rock and a hard placefoolish chameleonhttps://www.blogger.com/profile/05964116916697053495noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-33751479353303981062019-04-11T03:47:43.042-07:002019-04-11T03:47:43.042-07:00hmmm, I did consider MBA, but cost of a MBA is rat...hmmm, I did consider MBA, but cost of a MBA is rather huge and there is no guarantee that it will result in more opportunities. That's why I decided the route for more professional certs. <br /><br />I'm currently in a technical (testing) role with a side role in safety.30YearOldInvestorhttps://www.blogger.com/profile/18442456587123026225noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-82539834290640241862019-04-11T01:58:39.346-07:002019-04-11T01:58:39.346-07:00unfortunately, i am not in the majors but in the s...unfortunately, i am not in the majors but in the supporting coy.<br /><br />have you considered something like MBA or MSC? <br />reckon this would help? <br /><br />just curious, what role are you in? ie engineering, sales, etc foolish chameleonhttps://www.blogger.com/profile/05964116916697053495noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-68679001015190757092019-04-11T00:54:48.099-07:002019-04-11T00:54:48.099-07:00Lastly,
All the best to you :)Lastly, <br /><br />All the best to you :)30YearOldInvestorhttps://www.blogger.com/profile/18442456587123026225noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-61607724782457117512019-04-11T00:54:17.619-07:002019-04-11T00:54:17.619-07:00Hi Foolish Chameleon,
I think if you are with maj...Hi Foolish Chameleon,<br /><br />I think if you are with major oil producers like Shell/ Exxon you would be safe. Shell is here to stay, Exxon recently pumped in money for expansion. However, I feel if we are in petrochemical industries or supporting companies that have clients as major oil producers, the profit margins and competitiveness has been eroded, and we are going to be in for a tougher time. Actually, oil prices have improved but we are not seeing the benefits trickle down to us from the major oil producers.<br /><br />I guess by being "too niche", we are very specialised and mean we are good at what we do. However, if we suddenly lose this ricebowl it is very hard to find another job.<br /><br />My take is that you have 2 options:<br />1. Continue in O&G but try to take secondary roles that will expose you to other more transferable skill sets other than technical roles. aka. Supervisor, management, compliance, regulatory, safety. Try to see if there are opportunities for professional certification within the industry would also help because the idea is to make your work kind of irreplaceable (they can't do without you)<br /><br />2. Consider the possibility of switching out by taking NTUC courses (heavily subsidized for 40yo and above). For me, I embarked on Safety because I believe that it is something mandated by the government law and regulations similar like compliance in a bank or accounting. <br /><br />Of course, if you have family and commitments, changes are hard to make. However, do start making plan B or think of one just in case something like a retrenchment comes along. I'm sure being in the O&G sector you have seen quite a few companies (and vendor/suppliers) come and go by now. 30YearOldInvestorhttps://www.blogger.com/profile/18442456587123026225noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-44387673695937846102019-04-10T21:15:00.016-07:002019-04-10T21:15:00.016-07:00hi KC,
sorry to hear that. I am also from the O&a...hi KC, <br />sorry to hear that. I am also from the O&G . and it was brutal for the past few years. <br />as you have rightly mentioned" too niche" is the key word. i tried looking for other jobs/industry. but it always comes back to what i am doing now, that is not "transferable" <br />i have been thinking how to broaden this. may i know what your plans are? foolish chameleonhttps://www.blogger.com/profile/05964116916697053495noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-39391693593908201322019-04-09T18:24:57.474-07:002019-04-09T18:24:57.474-07:00@lizardo:
Thank you! Working towards that too!@lizardo:<br /><br />Thank you! Working towards that too!30YearOldInvestorhttps://www.blogger.com/profile/18442456587123026225noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-77586111768231537612019-04-09T18:24:33.916-07:002019-04-09T18:24:33.916-07:00I hope so too. Having a good mindset is hopefully ...I hope so too. Having a good mindset is hopefully winning half the battle. hahaha. Same too maybe when achieve FIRE can get a more relaxed job but if still can work should continue... 30YearOldInvestorhttps://www.blogger.com/profile/18442456587123026225noreply@blogger.comtag:blogger.com,1999:blog-7295314650616694802.post-63003048697290924382019-04-09T16:05:31.048-07:002019-04-09T16:05:31.048-07:00being positive is a good start. Hope u come back ...being positive is a good start. Hope u come back stronger.<br />how's my journey coming along? Still in a stable job. Still aiming to build up my passive income portfolio. But not quitting working even after arriving FIRE. You don't work, you get senile real fast! lateinvestorhttps://www.blogger.com/profile/01409198627323798363noreply@blogger.com