Are You A Leech?

Team work

It has since been a long time I wrote about work. Recently, I have been trying to find a term to best describe one type of co-worker. I have noticed that this type of co-worker, even though part of the project team, did not perform any tasks throughout the project at all. He goes with the majority when the decisions are made and almost never take a stance of his own.

The consequence of having such a co-worker is that the others have to work more and harder to compensate in order to fill the gap.

I read about 4 types of people that are linked to one’s success. The 4 types are the leader, loafer, leech and lifter. The type of co-worker I describe above is termed as “The Leech”. A leech is basically a type of parasite that feeds on your blood. Similarly, this type of co-worker feeds on your blood.

How do you identify a leech in your workplace? Below are the characteristics you can observe in order to identify the Leech:

  • They are unwilling to participate but over-willing to eat from your harvest of success.
  • They make no sacrifices to achieve real success and offers no extraordinary value.
  • They are often “yes-men” and “yes-woman”.
  • They always side with the majority and never question authority.
  • They never take a stance of their own.
  • Their goal is to remain secure in order to keep their job.
  • They steal opportunities before you.

People who are leeches can never be a catalyst of your success and may pose a threat to you. They steal opportunities and simply live off your success.

Stay away from leeches.

“You will move in the direction of the people that you associate with, so it’s important to associate with people that are better than yourself – Warren Buffett”

Financial Goal Progress November 2020

Long Term Financial Goal Progress for November 2020

Above is the progress of me reaching my targeted financial goal for November 2020. As you can see from the chart, the total value of my financial assets have grown by a 1.21% from October.

The primary reason for the growth is the increased total value of my stock portfolio due to the recovery of the stock markets. As mentioned previously, Joe Biden was elected as the president of the United States whereby the stock market reacted positively to this.

The reason? My opinion is that countries are hopeful Joe is one that will partner with other countries in terms of trade deals and environmental issues instead of attacking them. The economy of smaller countries will definitely improve with trade deals in place with super powers like America and China.

To make progress, we must stop treating our opponents as our enemy. We are not enemies. We are Americans. – Joe Biden

The other reason was due to the news of COVID-19 vaccine having positive clinical trial results with effectiveness of 95%. The pandemic could be over soon with vaccine available worldwide. Stock market reacted positively to the news.

Again, you might be wondering what financial assets am I tracking above? They are the total value of

  • Insurance savings (NTUC RevoSave, Singlife, Dash EasyEarn)
  • Savings accounts (POSB, OCBC, CIMB)
  • Singapore Savings Bonds
  • Current value of my stocks
  • Forex
  • Supplementary Retirement Scheme

Singapore Savings Bonds

In November, I have collected the following interest payout from the Singapore Savings Bonds I have bought every month over the years.

  • November 2018 (GX18110Z)
  • May 2018 (GX18050E)
  • May 2019 (GX19050A)
  • November 2019 (GX19110F)


I have also collected the dividend payout from CapitaLand Integrated Commercial Trust and SPH REIT.


My forex investment is also doing well with monthly ROI of above 7%. Forex is very volatile. You can win or lose a lot. Thus, I shall refrain from allocating too much cash for Forex.

Forex ROI November 2020