Daily Monitor
Tuesday May 25 2021
Summary
Build and invest in your transferable skills while you are still in your job. Without a job, you should tap into your social capital and tell them about the value you offer.
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It can be traumatising to lose a job, one that ignites feelings of rejection for some.
Whether you have been laid off, downsized, forced to take early retirement, or had your contract terminated, losing a job can be stressful.
But you should find means of coping with the situation remembering that a job loss should not define your future. In March 2020, Mr Moses Buhanga suddenly lost his job as the Covid-19 pandemic forced people to scale down their operations.
Investment options for retirement savings
Tuesday April 13 2021
Finding the right balance between risk and investment return is key to a successful retirement savings strategy. PHOTO/FILE
Summary
Investments in shop keeping, consultancy, cooking and farming are some of the ideas to engage in because there not labour intensive and guarantee a regular cash flow.
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Investing your retirement savings is one of the best alternatives you can consider to sustain your lifestyle comfortably long after you retire.
While you are working, you should identify the investments which can give you a regular cash flow to at the end of active employment.