Investing in the stock market for the first time: a retrospective (Part 1)

Investing in the stock market: the risk-averse saver

I have always been a good saver and back in the pre-recession days (of 2007) I enjoyed the benefits of getting a whopping 6% interest.  Not bad for low/no risk investment.

But since the crash, rates have never recovered and you are lucky to get a saver that offers 1.5 percent.  I felt like I was being punished for being a saver – watching my money gradually lose value against the rate of inflation.  I decided rather than blaming the system, I should start pursuing other options.

The stock market always made me feel a touch cautious, the fact that money I invested – my hard earned money, could be less or even disappear completely was daunting.

The media didn’t help either, quick to report when the share prices dropped (but not so much when it recovered) and trading websites were overloaded with ‘expert’ analysts using confusing terminology saying why a stock was a poor investment, it all seemed confusing.

I decided after sitting on the fence to make a relatively small investment that would not impact my life if things were to go bad.  And with that, I made the jump into the world of investing.

Continue reading “Investing in the stock market for the first time: a retrospective (Part 1)”

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Why do you want more money?

In my last post I discussed about keeping goals simple.  A major part of this is how important it is to apply a metric to any goals that you set so that there is room for measurement as you progress.

This got me thinking about a goal that is very easy to apply a metric to that I would say 99.9% of people in the self-improvement field possess.  Of  course, I’m talking about –

Money

Money goals come in many forms:

  • To get a job that earns ‘X’.
  • Be a millionaire.
  • Make ‘X’ amount a month in passive income.
  • I want to be rich.
  • I want to be debt free.
  • Increase my business profit.

Some of these read better than others, applying a metric is better than a vague aspirational statement saying –  “I want to be a millionaire” is worthless, as it is nothing but a dream without any clear plans in place or a clear why you want to achieve that goal. Continue reading “Why do you want more money?”

Competition in the work place

I really love my job, it is probably the best one I have ever had.

It is strange because when I got the new job it was a step up from the old one.  I have more responsibility and more money.  But unlike my other job I am back at the bottom – basically I am the office junior and have to do all the tedious work that comes with that. Continue reading “Competition in the work place”

The Customer is always right

I used to volunteer as a manager at Oxfam.

One day a customer was arguing the toss on getting a discount on the set price.

This was normal practice in the shop as everyone who tried to haggle had the same argument

“But you got it for free – so what does it matter what you charge?” Continue reading “The Customer is always right”

One simple way to improve your job application

Want to know how to make a job application or covering letter more appealing to your potential new employer?

For many years when I completed job applications I always thought from the perspective of myself – the skills, knowledge and experience that I could offer – which in theory sounds right because I am showing why I was the most qualified person to do that position.

But the problem is I was competing against a pool of applicants who were also just as qualified to do the job.  Therefore I didn’t stand out to be offered interviews.
Continue reading “One simple way to improve your job application”

Cogs

In the corporate world there seems to be a big hard-on to aspire towards top level leadership.

Answering e-mails on your holiday or at your son’s football game doesn’t really sell it to me.

As a by-product of this thinking many organisations almost shove this level of career development down it’s workers throats.

But what if someone doesn’t want to?

Continue reading “Cogs”

LinkedIn isn’t working…

As a “professional” I am signed up to LinkedIn.

At the moment the only function I can really see is to increase my connections, of people I once networked with in a professional setting.  Essentially has become some sort of organisation Pokedex where I have to catch them all – or rather got to network with them all.  This usually results in a mundane loop from the newsfeed where I get to see what my network “liked”.

Continue reading “LinkedIn isn’t working…”

Managing someone with more experience: The Baby Manager

My mum always said you knew you were getting older when you started to see policemen that were younger than you; so I don’t know what Tracey thought when I walked in and said:

“Hi, I’m James, your new manager.”

bossbaby

Continue reading “Managing someone with more experience: The Baby Manager”

How to answer the interview question – What is your weakness?

A common question asked at interviews is

“What is your strength and what is your weakness?”

I have heard a number of methods for answering this question and thought I would focus onthe second part of this question as usually people are quite good about talking about a particular area that they excel in.

The whole purpose on an interview is to sell yourself and show that you are the right candidate for the job.  But this is what makes this question interesting because it is deliberately asking the candidate to say something negative about themselves.  Here I talk through some potential answers to this question.interview-weakness Continue reading “How to answer the interview question – What is your weakness?”

Office Etiquette – It’s ok to…

Saw this kicking about.

Thought it was nice reassurance for working in an office to show that doing these things are ok…

itsokto