I was hopping mad when I read this Sunday Times account of cleaner Goh Kah Keow, who got swindled of her entire life savings of $400k by 5 con artist from China.
Since this is a wealth blog, I chose to focus on what I felt is a spectacular feat and that is how despite being less educated than most in today’s society standards, she amassed $400k.
I am not sure what $400k is to you, but as an average income earner that is a sum that I wish to reach soon but have not touch yet. It is a sum that my parents failed to gather as well. And I believe it is a sum that many could not take out easily if you need.
If its so easy, then we shouldn’t have seen the uproar over the CPF Minimum Sum. Every one was complaining that it keeps rising ......