5 Tips To Get You A Promotion At Work

I decided to create a new category called Personal Development in my website. The reason I am creating this new category is because I believe that not only should we invest in financial instruments such as stocks and REITs, we should also spend time investing on ourselves. With a good personal skill set and attitude, this can also help you with your job promotion which probably can equate to a higher salary. A higher salary can also means you have more cash to deploy into stocks and REITs!

Below are some of the tips that I have learnt from various self improvement books that I have read and from my experiences accumulated at work that I hope can help you in your day to day work.

#1 Speed

Learn to identify success and failures from prior investments. This enables you to get ahead fast from others. As the saying goes:

The only real mistake is the one from which we learn nothing. – Henry Ford

#2 Prioritize

Good work prioritization skills generates good work results. Generate results in the shortest time frame by learning to prioritize and manage your time. With good time management, this allows new goals to be set.

#3 Learn

Learn to take what you can directly from your competitor. If your competitor at work has already came up with an efficient way of doing things, follow him but do it better. Do not re-invent the wheel.

#4 Build Morale

Not only ourselves need to have a good morale, the team you are leading within the company should also be high in morale. Huge morale creates huge results, thus if you are leading a team, you should get your team fired up about your targets and create a sense of urgency.

#5 Responsibility

Remember that if you are holding a leadership position in any company, every leadership position confers a burden of responsibility. Everyone within your team relies upon your vision and decision making. Thus, as a leader, you should have good foresight and do not make decision hastily.

OUE Hospitality Trust – Building On Trust

Just last week, I received the hard copy of OUE Hospitality Trust 2017 annual report in my letter box. The cover page was eye catching. It says “Building On Trust“.

For my own tracking of OUE Hospitality Trust’s performance, I summarize the important points and categorize them into two categories: The Positives and The Negatives. Among the positives, I personally like OUE HTrust for having no loan due until December 2020.

Personally, I think whether OUE Hospitality Trust can earn your trust will really depend if it can continue to grow its Distribution Per Unit (“DPU”) in FY18. Getting more distribution per unit is why we invest in REITs, isn’t it? Read More

Coinbase Pulls Plug on Xfers

The journey into Cryptocurrency has not been easy. Recently, Ethereum has been on a downtrend with prices falling below USD$500. Today, I received a notification from Coinbase, the digital wallet that I am currently using to cash out the Ethereum from my mining (Profit Update After A Month of Mining Ethereum).

Coinbase notified that they are going to sunset Xfers on 15th May 2018. Currently, if you sell Ethereum using Coinbase, you can deposit the sale profits to Xfers and then use Xfers to transfer the cash to your Singapore local bank account.

On May 15th, 2018, Coinbase will pause the ability to buy or sell digital assets using the Xfers integration.

The growth of cryptocurrency interest within Singapore is heartening. However, we soon realized that the Coinbase/Xfers integration is not suitable in its current form to handle the growth. This change will allow both companies to prioritize efforts to provide a better payment experience for customers and focus resources on new projects. – Coinbase FAQ

What Is the Impact to Singapore Customers?

You can still pay for your purchase of Ethereum or Bitcoin using your credit card but you cannot sell Ethereum or Bitcoin on Coinbase! OMG, this means there is no way for you to cash out your digital assets!

I guess I have to source for a new method to cash out my profits from Ethereum. Can someone share an alternative?