Serious Historical Record - Sinkie Loser Mike Yeo Writes to PAP to save his PMET career!

[tobelightlight]

i make a small effort to find out the source of this article.

https://www.allsingaporestuff.com/2014/12/31/pmet-used-to-earn-15k-now-struggling-as-taxi-driver/

Boomers, i thought you love to delude yourself in thinking you are young again when comes to the young females. I didn't know you have fetish for museum ancient articles as well.

 

[tobelightlight]

when i read the story i feel sad but this what the minority experienced last time for donkey years.
did anybody pity the minority back then? answer is no and after so many years we were side line we accepted our fate being a minority in singapore.
trust me i wont be saying this if i myself never experienced it!

my humble advice i can give the writter is he will get used to it in time

Well,

this guy put all his eggs into this basket ( high employee salary) and this basket is the most insecure form of portfolio, if you can call this a portfolio.

A guy who earns $1000 a month from being self-employed or a stream of income that is fundamentally independent from the control of the market will be much much better off than this 15k a month guy. The key is how is this income stream being formed.

This 15k guy even double down to get an expensive house , car , then have wife and babies. He build his life on a foundationally weak income stream. His income stream is so sensitive to the economy, company policies and structures. not wise at all.

That $1k guy will get his 1k no matter what happen to the economy. better still he can tweaked it to cater for yearly inflation too.

So tell me, which guy is more financially secure? The 1k guy who knows the way to set up this foundationally strong income stream, he can also do it the same for a 2nd income stream and 3rd and 4th, etc. or the 15k guy? who is more prosperous now?

 

[tobelightlight]

This 15k Executive must have voted for PAP and blinded by their more good years ahead.

and the 5Cs? 5Cs are expenses imo. these 5Cs also give the govt the taxes and levies. a high income guy will buy in to this. the way i see it is , if you get high income, the govt want a piece of it too, so the 5Cs.

The govt sell you the notion of 5Cs is considered good face reputation and status. They didn't tell you that they want you to buy these to stimulate the economy ( you are an economy tool) and want your tax and levies too, in other words, they want a piece of your high salary too.

 

[tobelightlight]

I used to be a Regional Marketing / Sales and Training Manager for a pharmaceutical company and it was effectively a Regional Director’s position. I was earning about $15,000/month then.

I spent almost 10 years in the industry and company, since January 2005 and was made redundant in March 2013.

For almost 10 years, he sell toxic vaccines and drugs, in the name of medical advancement regionally?
A part of me says that he totally deserve the shit he is getting now ( or in the past as this is an OLD article.)

and another part of me tells me that he is ignorant that he is selling toxins and think that it is health so he is forgiven and pardoned.

 

[eatshitndie]

Someone please tell Mike that Dr. Lam is no longer a PAP MP having lost in Sengkang GRC.

the primate with the lampar face?

 

[Gallego99]

Sounds like a man down in the dumps and just trying to make a living to provide for his family... But, no mention of his wife? She's not putting in her fair share to take care of the kids? I also find it hard to believe that someone who was making 15K a month in the past in an industry he spent 10 years in didn't have any lobangs to fall back on when things turn bad. Sounds kind of fishy to me...

I've heard of companies freezing and cutting back on headcount till 2022. Some even chose to rollback on new hires this year. Stimulus are at best pain relievers and not the silver bullet to the common man. In fact, it serves to fan the flames of inflation which is only going to erode real income and savings. Tough luck to the chap and just remember that adversity never last.

 

[Hypocrite-The]

He earn 15k per month. Lets say he held that pay for 5 years. He put aside 10k. N 5 k spend a month. 5 years X 12 months = 60 months. 60 months X 10 k = is 600k. He could have easily paid of his flat. N would b sitting pretty now. So he must have tried to live the atas lifestyle. Maybe every day go atas restaurant etc. So just bad financial planning

 

[tobelightlight]

I've heard of companies freezing and cutting back on headcount till 2022. Some even chose to rollback on new hires this year. Stimulus are at best pain relievers and not the silver bullet to the common man. In fact, it serves to fan the flames of inflation which is only going to erode real income and savings. Tough luck to the chap and just remember that adversity never last.

That article is from 2014. he got retrench in 2013. Cut back headcount from 2013 to 2022?

 

[Pinkieslut]

i make a small effort to find out the source of this article.

https://www.allsingaporestuff.com/2014/12/31/pmet-used-to-earn-15k-now-struggling-as-taxi-driver/

Boomers, i thought you love to delude yourself in thinking you are young again when comes to the young females. I didn't know you have fetish for museum ancient articles as well.

see the headline stating this is a historical article

 

[Pinkieslut]

That article is from 2014. he got retrench in 2013. Cut back headcount from 2013 to 2022?

the guy is still freelancing, just google for “Mike teo” “training” “pharma” on linkedin

 

[Loofydralb]

Hey Mike who did you voted for? You deserve it!
As for MNCs, wise up and make your managers redundant. You can get younger and cheaper ones for less than $5K, for any managerial position. Even technical ones. Because now the work is mainly contracted out so these managers only manage contracts.
Managers in SG are overrated and overpaid. Definitely lacking in talent, ideas, and execution. All will steal initiatives and backstab.

 

[Leongsam]

He earn 15k per month. Lets say he held that pay for 5 years. He put aside 10k. N 5 k spend a month. 5 years X 12 months = 60 months. 60 months X 10 k = is 600k. He could have easily paid of his flat. N would b sitting pretty now. So he must have tried to live the atas lifestyle. Maybe every day go atas restaurant etc. So just bad financial planning

During the boom years of the internet I saved $300k per year which is why I don't have to worry about advertising revenue in this forum which in turn means I don't need to pretend to support diversity, champion the rights of faggots and pretend that masks work.

 

[sweetiepie]

A guy who earns $1000 a month from being self-employed or a stream of income that is fundamentally independent from the control of the market will be much much better off than this 15k a month guy. The key is how is this income stream being formed.

KNN well well said KNN the key to success is not to be controlled by the world KNN you seem to be leefering to my uncle KNN my uncle want to up your points but how to ? KNN

 

[Pinkieslut]

Hey Mike who did you voted for? You deserve it!
As for MNCs, wise up and make your managers redundant. You can get younger and cheaper ones for less than $5K, for any managerial position. Even technical ones. Because now the work is mainly contracted out so these managers only manage contracts.
Managers in SG are overrated and overpaid. Definitely lacking in talent, ideas, and execution. All will steal initiatives and backstab.

Exactly. Sinkie managers are mostly useless cunts.

 

[tobelightlight]

see the headline stating this is a historical article

oh yeah, sorry.. i missed that. typing at a time when my body is still not 100% awake. LOL.

 

[Gallego99]

That article is from 2014. he got retrench in 2013. Cut back headcount from 2013 to 2022?

My bad. There was a striking similarity with this individual who lost his job early last year-doctorate and big pharma. It's all falling apart and it couldn't have come at a worse time.