Saving & Spending
Think twice if we believe peer pressure would help our friends to save more
By Investment Moats  •  September 24, 2015
My best friend asks me recently this question: “How do you convince someone that have never saved all his or her life to start saving?” And I realize this question is very perplexing because I could never hit the magic formula how to convinced any one who couldn’t to do it. If I was able to, then I would have a skill that is highly sought after. If he could have approached me with this question, I am sure there are many in this world who would like to create this kind of change in their loved ones. The biggest being their spouses sadly most of the time. I been allocated time to think about this, and it is perplexing because everyone’s motivation is different. And one of the thought threads that spawn in my head was, if I were to create a social platform to create a network ......
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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