Is switching careers a daunting process?
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Is switching careers a daunting process?

For many, switching careers is a major step and can sometimes feel unnerving if you are moving into a new industry or starting again from scratch.

If you've been?thinking about a career switch lately and find the process daunting, manpower correspondent Calvin Yang's askSTJobs column this week is written for you.

Meanwhile, a growing number of professionals born between 1981 and 1996, the millennials, say they want to?leave their jobs by 50?to work for themselves, or take a lower-paying role that is more aligned with their interests, studies are showing.

What are your thoughts on retiring by 50? Is saving half your salary realistic given the current environment of rising inflation? Tell us more at?[email protected]

And, central banks around the world are raising interest rates to rein in inflation, and Treasury yields are spiking globally.

In Singapore, there are a variety of fixed-income investments on offer - from Singapore Savings Bonds, six-month and one-year T-bills and Singapore Government Securities bonds, as well as corporate bonds. Senior Business Correspondent Chor Khieng Yuit explains?what retail investors should know before diving in.

Have a good week ahead!

askST Jobs: I am thinking of switching careers. Is it a daunting process?

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Consider going for short courses to get ready for the big move and talk to people who have done a career switch similar to yours, experts suggest.

My friend, are you in love with your boss?

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Our tendency to transfer emotions from past relationships onto the present can lead to us idealising our bosses, writes senior business correspondent Krist Boo .

Save 50% of salary to retire by 50

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Many millennial workers want to retire earlier than their parents did, but they aren't saving enough to do so. Other assets, such as real estate or a business that generates passive income, are also key to enjoying a post-career lifestyle.

To work well, we have to commit to rest well

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To mark World Mental Health Day this month, perhaps we can all start by taking a deep breath and intentionally slowing down.

4 tips to help you avoid big investment losses

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All investments come with a degree of risk, but you can take steps to protect yourself.

More of The Straits Times’ career and personal finance coverage:

Businessman lost $18m over 8 years as he didn't read investment document

  • Entrepreneur FM Wang was the chairman of a large manufacturing company in China and the recipient of a $30 million buyout. Yet when it came to his own finances he seemingly was not as astute. Read more.

What investors should know before investing in retail corporate bonds

What are well-heeled investors doing amid volatile markets?

Singapore's monetary policy decision in October will hinge on growth and employment risks

Risk of economic slowdown could dampen Singapore job market: MOM

Thank you for reading this week’s ST HeadSTart. Have a great work week ahead.?

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CHESTER SWANSON SR.

Next Trend Realty LLC./wwwHar.com/Chester-Swanson/agent_cbswan

2 年

Thanks for sharing.

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