Tuesday, July 12, 2011

Change Gear

Was reading Billi Lim's Dare to Fail book & came across changing of gears which instantly remind me of bicycle gears since i'm an avid rider myself.
"Many of us are so stereotyped in the kinds of careers or skills that we are brought up with. A doctor gives rise to a Dr's son. A lot of people started as accountant & die as an accountant. Others started as secretary & die as a secretary. They don't seem to be able to 'change gear' even though they are unhappy & can't get what they want from that profession." -Billi Lim
There's an article by the State Times about how S'pore workers are the world's unhappiest. With so many of our countrymen loathing what they do as a profession in their waking hours i'm puzzle when people meetup for 1st time & the usual question is 'what do you do?' A fake smile accompanying their answer? A job title that identifies who they are even though they dislike it?

We know is almost impossible to ride up a lengthly moderate to steep slope on the biggest chainring. Neither can we ride fast on the smallest chainring. However this is precisely what many are doing as in suffering through the job mismatch.

School's primary function is to churn out cogs for the economy. It doesn't teach us about happiness, relationships or how to make $$ on our own. Is up to individuals to find out which unfortunately many don't once they are caught up in the hectic ratrace.

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Singapore workers ‘world’s unhappiest’
Survey of 14 countries finds local employees are also the least loyal
By Melissa Ho, May 30 2011

HATE your work? Dread going in on Monday? Considering quitting your job?

Well, you are not alone. Most of the Singapore workforce is with you, according to one survey.

A poll of employee attitudes in 14 countries has ranked Singapore last in workplace happiness. Unsurprisingly, this correlates to loyalty to employers, where Singapore is again ranked at the rear.

Talent management company Lumesse polled about 4,000 employees from a wide variety of industries.

People were asked about how happy they were at work, whether they felt their skills were properly utilised, the career paths open to them, and the training and career development opportunities they had.

The results put Singapore last in three major areas – we least enjoy going to work, are the least loyal & have the least supportive workplaces.

Only 17% of Singapore’s workforce see themselves staying with their current employer forever. The global average is 35%.

‘Clearly, very few employees feel bonded to their companies. This is going to be a problem as companies are not getting the full potential of workers,’ said Mr Rolf Bezemer, Lumesse’s managing director for Singapore, Malaysia & Australia.

At the same time, only 19% of those polled in Singapore look forward to their work each day, compared to the global average of 30%.

When it comes to positive and supportive workplaces, only a paltry 12% vouch that they exist in Singapore. Globally, 20% believe so.

Mr Bezemer attributes Singapore’s poor showing to the lack of transparency & consistency in workplaces here & an absence of stimulating jobs.

Monday, July 11, 2011

Arm Sleeves at S$1.90 (cycling, other sports)


White & light blue arm sleeves

Bought arm sleeves to protect against sunburn after being charred on cycling trip to Lorong Halus wetland at Punggol. Is the best value for $$ i've come across so far at S$1.90/pair. Best of all, its freesize fit my thin arms. Before knowing of this online retailer i see prices of $10-$40/pair which is plain ridiculous.

Finally some protection to mitigate the fear being charred under the sun for long hours.



Amazing how the skin heals itself given enough time from the sunburn. Isn't it worthwhile to spend $1.90 for a pair of arm sleeves & $2.50 shipping to protect our skin against the scorching sunlight?

Friday, July 8, 2011

Ratrace Treadmill - Frickin Tiring



At times when i walk past shops/restaurants in malls where some people are so proud of themselves being consumers. Spend & spend, i wonder if they realised that their retail therapy only last temporarily from the darn tiring ratrace.

Many are stuck in their jobs, frustrated like a square peg in a round hole. Stressed about their ill-fit but sacred of losing their jobs especially those job titles which define their self-worth & who they are. Terrible state of affairs & a vicious cycle.

Even taking leave longer than a week also sacred of losing job since being away for longer than a week somewhat indicate easily replaceable.

Fear, fear & fear. Life in the treadmill...

Sunday, July 3, 2011

Blue Chip Ain't Blue when U Overpay

I'm wary of local property stocks(bubble condition) & the way Capitaland spends $$ on reconstruction of Jurong Entertainment Mall puts me off. After the initial euphoria which rose up a bit after its IPO in Nov 09 at $2.12, it's been downhill ever since. At latest price of $1.47 it would need to rise 45% just to breakeven.


This is no growth stock but a blue chip thus the likelihood of rising 45% is remote considering we are now in the so call recovery period from the Great Recession.

Blue chip ain't blue when u overpay. I'm no fan of IPOs as the company listing it seeks maximum cash from its listing price. Is like a girl dressing up & with makeup to make a good impression on 1st date. Market is always there, there's no need to hurry & get seduce by the story of the listing company.