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How My High-Net-Worth Friend is Doing in An Inflationary Recession
By Investment Moats  •  September 11, 2022
I featured this friend in a previous article, and just last week, I was able to grab lunch and catch up with her. She permitted me to share some key highlights of our conversation on the condition she maintains her privacy, so let’s just call her Miss A. Miss A has done really well in her career over the past decade in the tech/consultancy sectors, landing multiple promotions in a relatively short period. If I were to guess, her annual remuneration should be in the mid-6-digits. Fortunately, or unfortunately, this also puts Miss A in a vulnerable position with a recession looming, especially with many big tech firms adopting a hiring freeze. She revealed to me that in the past couple of months, her workload has easily increased by 20%, and she is committing even more hours to ensure she stands out among her peers and that her career progression...
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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