While I was traveling through Europe and Asia, I did end up doing some interviews with a few companies. I actually have another interview on Friday but the job market is the worse that I’ve ever seen.
I’ve also had quite a few people ping me that I haven’t spoken to in years asking if I’m hiring or if they know of anything.
And because the government is shutdown, we don’t have any data from government reports on how bad or badly the job market is deteriorating.
Fortunately, I don’t really need to work anymore, I am looking to work one last year if possible but if not, I will be just fine especially with moving overseas and lowering my cost basis and turning my primary residence into another property rental.
Our goals are to increase our investment income, reduce our expenses, and travel with the arbitrage so I am really excited about getting started.
I’ll reiterate that the only times in my career that I had a job loss were the 2008 great financial crisis, 2020 COVID lock downs and now which cautions me to be prudent with my investments.
About a month ago, Jerome Powell came out and stated he thought stocks were “fairly highly valued” which reminded me of Alan Greenspan’s “frothy market” remark before the dot com bust. It took four years after Alan quipped about a frothy market for the dot com crash to happen but I don’t think we need to wait that long especially with the job market deteriorating so rapidly.
I continue to look for net credit collar trades to remained hedged and profitable.