Personal Finance
A savvy saver in his thirties
By Just my thoughts on investing  •  September 21, 2014
I was having lunch with a friend last week and we were talking about how difficult it is now to find value stock when STI is near to all time high and US market has been breaking new high. Both of us agree that this is probably not the good time to be aggressive. He shared that recently he has become more conservative, and increasing his cash holding so that he will be able to tap on in the near future when better opportunities present themselves.
Source: UOB
Just recently, he went to UOB, a local Singapore bank, and placed $100K of fixed deposit(FD) with them. The conversation stopped here and I also stopped eating literally, He is in his late-thirties and he has managed to save more than $100K, I think this is a commendable achievement. He noticed the surprised look on my face, and I then asked ...
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By Just my thoughts on investing
Me am simple man with simple needs.
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