10
am when my hand phone rang, it was a call from my company. Expecting that this
might be the time were they will give notice that my time in the Philippines is
up and had to depart, I picked up the phone. Surprised that it was Mr.,
"Nidoy" asking something about
my appraisal report , I told him that I'm not aware that I had one , and if I
do it should have been forward to the company by now.
The
explanation why he has to ask for my appraisal report (called also evaluation
report on other companies) was that the CSM superintendent recently disapproved
my transfer. Mr., "Nidoy" gave no further details why I was turned
down by CSM, and asked if there was any
past misdeeds I had done, I said I don’t recall anything as far as I know of,
and his guess is as good as mine. He added also on our conversation that if it
would be ok for me to return back to NSB if things went sour on CSM. I said it
won't cause any problems if I would be back in NSB. Before the conversation
ended Mr,. "Nidoy" gave an
assurance and said he'd look further why I was thrown out by CSM and the
conversation ends on the phone .
At
the moment I'm thinking of possible scenario's. One scenario why CSM turned
down my transfer was probably because I have a much higher salary cap than your
typical run off the mill O.S. and if they wanted to accept me in CSM , my
salary should be terribly downgraded - in other words I'm too expensive to CSM.
Another scenario is for whatever reason they just overlook my papers - a simple
mistake. Anyway Off the record , after
the conversation I was relieved if I would be returning back to NSB. The
conditions there were more favorable compared to CSM. In fact I'm earning more
money there. However the problem if I'm returning back in NSB is that currently
O.S. position on those 6 ships is currently occupied by deck cadets and it's
possible that my stay here in the Philippines would be prolonged given with its
current situation.
In
other news …
Lately
I had been studying and analyzing the possibilities of investing, Specifically
the so called mutual fund and "stock exchange" thing. I haven't fully
understood the ins and outs of this kind financial system yet but of course it
will take me some time for me to finally decode its secrets or at least
understood it fully. I had to prepare early for my retirement given that being
a sailor in the Philippines isn't exactly a stable job given with its numerous
vulnerabilities and sooner or later I will get out of this job .
I
had my eye on BPI bank (Bank of the Philippine islands) for some time now and
plan to establish a mutual fund there when I get back again from work. Like I
said it’s a big unknown for me in venturing this and I'm not going to fully
support this project until I had fully understood it pro's and con's. I'm going
to establish it in BPI but with only bare minimal requirements for now. If this
project provides a good yield then I'd expand it further. From my understanding
I had to open first a BPI account and then establish a mutual fund which the
initial money it will take is at least 20,000 PHP, from there - once its
establish , its anything goes.
Establishing
a mutual fund will also be kept secret from my family members, to avoid them
having any mismanage idea's . No further information will be leaked.
