Career & Education
Minimum Income or Enhanced Workfare Payout??? (2)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  September 4, 2020
Read? Discuss minimum-wage idea now, even if it's to be implemented later: Jamus Lim Read? Minimum Income or Enhanced Workfare Payout??? Hmm ... Never come and jio Uncle8888 to join Focus group discussion on Minimum Wage or Progressive Workfare. CW8888: This is obvious! Minimum wage will lead to higher costs. Who is willing to pay more when they can pay less?  ------------------------------------------------- Mr Lim had mentioned the idea of a national minimum wage - one of several proposals that had been in the WP's election manifesto - in a broader speech about more compassionate policy-making. Though the government has warned that a national minimum wage could mean higher costs and lost jobs, studies show that Singaporeans are prepared to pay more for essential services, and that a minimum wage is likely to have only a minimal impact on unemployment, said Mr Lim.
Current Workfare scheme needs to be raised higher towards to the level of Minimum wage!...
Read the full article
By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance