Personal Finance
How Kyle gets to own a house using a red paperclip
By Wilfred Ling, The IFA on Duty  •  April 12, 2011
Written by Wilfred Ling Tuesday, 12 April 2011 Bookmark and Share There is this person by name of Kyle MacDonald. He lives in Canada. Kyle started a weird project by posting on his blog that he wished to trade his red paperclip with anyone of which had a higher value. That was 2005. He got his first trade when someone wanted to trade with him for a fish pen. The rest was history, he made 14 trades and each time he got in exchange was incrementally more valuable than the previous. On the 14th trade, he got a house! That guy is weird. He now donated the entire house away! Here is his blog: http://oneredpaperclip.blogspot.com. Well, there is certainly something we can learn from this inspiring story (and how it apply to financial related matters):
  1. An idea may be silly but as long there is a will, there is a ...
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By Wilfred Ling, The IFA on Duty
Wilfred Ling is a Chartered Financial Consultant with Promiseland Independent Pte Ltd. He is a fee-based financial planner by profession.
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