Underempolyed
Reading time: 2 – 3 minutes
Underemployment refers to an employment situation that is insufficient in some important way for the worker, relative to a standard. Examples include holding a part-time job despite desiring full-time work, and over-qualification, where the employee has education, experience, or skills beyond the requirements of the job.
I myself have never understood this term. For the cats who see their skills, education and experience as something to shop for the next Boss to put you on, I guess it’s a real dilemma. In this recession there are plenty of people who have taken a step back in order to keep the lights on. Then somehow they now feel they are not being effectively pimped to their fullest potential. This is why I try not to comment on stupidity because the obvious answer is for you to do something for yourself. And, if you can’t do something for yourself then your skills, education and experience are worthless papers of shit. You learned everything to get chose and nothing for yourself.
There was a time when I young in the game (mind state wise) where I wanted people to teach me something. But, then I grew the fvck up and realized they want me to do the job right where they have me. I might have dreams of grandeur but they don’t have dreams of me at all just the reality that I’m pretty good at getting files done. I started breaking down the game I was in and thinking of angles that I can rip and run off with. Once I changed my mind away from all these corporate slave theory thinking I stopped feeling bad about people not fully utilizing my talents. I was happy that I was a unpimpable ho!
If you hear yourself complaining about people not using you to your full talents you should visualize a hooker on the street. It’s like you telling a pimp you are good with your mouth and you aren’t worried about anal.
Stock Tip: BAC – Bank Of America is about 7 bucks or less right now. They are laying off 40K employees so once that’s done the stock should shoot up to where the other big banks are which is about 33 bucks. It might keep going down as they restructure but firing employees = less money out for the banks so stock should go up!
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i see we on the same page with BAC, i was just looking at them last night and i got squawk box on in the background right now and 15mins ago heard about the 40,000 layoff, plus there was a mention about Buffet also buying BAC. at this stage of my game i usually stick to stocks under $2 but this one caught my interest. i also like how F has dropped close to 50% percent from its 52 week high. ive been kicking myself for 2 years that i didnt snatch up 1000 shares when it was floating at $2 in early ’09. looks like that opportunity might be around the corner again
disclaimer: im not trying to advise anybody to go start buying F, im just stating an observation i made.
People think BAC is going under but it’s a readjustment since the government made them by CountryWide. So they are restructuring their business to make it more efficient as they are probably bloated from a previous way the company was making money. I’m glad you made the switch from ESPN to CNBC as we need to have that conversation of money going on in the background so we can understand money through osmosis. Either way it’s a long term hold anyway so just stack and a year from now you’ll probably make 5 times what you put in.
LMBAO don’t worry about the disclaimer if someone comes back and gets mad they relied on a informal blog on a stock pick without investigating it theirselves they are a Sucker. People wanted to know what I was thinking about and that’s why I put it there. In fact I was on this 3 to 4 weeks ago before Buffet even jumped in but he confirmed my thinking by him putting his chips in the game.