Modern Slavery

2 months ago JCprojectfreedom 0
My mentor shared this theory with me years ago and recently I read the this theory from this book “Journey to Financial Freedom”, the author owns the website here. The world used to practice slavery several hundred years where masters own slaves, they control them, they enjoyed the fruits of production from their slaves. The Read More

Quit Like a Millionaire

6 months ago JCprojectfreedom 0
I finish reading this book Quit Like A Millionaire by Kristy Shen and Bryce Leung. This article is to summarize some of the key learning from the book. Career Choice Following your passion is a bad way to pick a career. Instead, you can pick a career based on its Pay-over-Tuition (POT) score. The formula Read More

Why are we pursuing Financial Independence?

10 months ago JCprojectfreedom 0
There are two new articles by Christopher Ng (here) and Kyith (here) which explains the key reasons why we are pursuing financial independence. Christopher explains the following problems which financial independence is trying to solve.1. Emergence of gig economy2. Retrenchments are affecting younger workers Let me explain from my perspective on why we are pursuing Read More

JC Fund Dividend Income

10 months ago JCprojectfreedom 0
Q1 2019 has almost come to an end and most of the companies earnings have been announced. Most of the companies which I owned reported worse results when compared to last year and result in reduction of dividend. FY2018 including special dividend from January to June dividend was S$43k. FY2018 excluding special dividend from January Read More

My helper’s Quest for Financial Freedom

11 months ago JCprojectfreedom 0
My helper quarreled with my mother yesterday and she spoke to me that she would like to terminate the contract earlier. She does not want to transfer or seek employment elsewhere but return back to her hometown. This is not the first time she quarreled with my mother. My helper is a very intelligent lady, Read More

How to Exit Rat Race

1 year ago JCprojectfreedom 2
More Singaporeans will attest life-long employment is an archaic concept in this highly competitive and fast changing world, technology is disrupting almost every industries. Job security is a thing of the past. Listed companies are putting creation of shareholder value as priority, cutting jobs when revenue falls in order to make bottom line looks better Read More