Category — Make More Money

I’m looking to splash some cash! Okay, what I meant is to buy an investment property. I looked at some of the fund returns over 5 years, the better funds gave returns of around 50%, which means an average of 10% per annum or about 8.44% compounded, it seems ok returns for me.

But then, fund returns usually do not equal to investor returns. Fund returns are measured between 2 points in time usually 1 Jan to 31 Dec. If you invested an any other time, them you need to measure your investment to know your returns.

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I read that around 10,000 jobs at Royal Dutch Shell will be slashed amid low oil prices, restructuring plans as well as due to a new Chief Executive. Well stuff like this always happens when a new head is brought in.

My brother who works in Shell will be one of those at risk of being cut. Just sometime ago, I thought he had a great job, well paid and good benefits. I think this comes as no surprise but then, even as a pessimist, to me things have begun to turn around. Perhaps I was wrong. All the cash injection into the world economy might not have been enough.

Still the lesson here great as things are, it is always good to have a plan B. Or a plan C for that matter. The article is here. Develop your skills wherever you work and make those skill portable. If not, then make use of your free time and develop a hobby that can pay.

What about you? Do you have a plan B?

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