Quarter 1 of 2020 is now over.
It is probably an understatement to say that 2020 has been a bad start for everyone around the world. Probably more so for investors who have been investing over the past 5 to 10 years preparing for retirement.
Since the start of the year, market has plunged, wiping out 10 – 30% of retirement portfolios around the world.
While many other financial bloggers and us here have shared our take on investing during this period, we wanted to pen down our thoughts on another equally important matter – job preservation.
To us, the most important thing right now is job preservation, and this topic is probably quite understated in Singapore. This is especially important because companies are now cutting cost and freezing hiring during this period of uncertainties.
Decide If You Are The Cost Or Profit CenterSpecifically, job preservation
...