Personal Finance
The 7 Stages of Wealth: Which Stage of Wealth are You at?
By Investment Moats  •  January 11, 2016
I cannot understand some lunch conversations or small talk during family gathering. Perhaps because of the structured way I look at things, some of people’s point of view don’t make much sense to me. One very common one is the definition of Rich. Here is some of the ways rich is defined: “She doesn’t use a coupon to get a discount for her fast food when the coupon is there for her, because she is rich.” ” They can afford to have 4 children, therefore they are rich” “They work in civil service, they are much richer than us” “He drives a continental car and fetches her to work, he is rich to be able to afford that” “The family goes for 3 holidays a year, one that is non-southeast Asia, they must be rich” “If he can buy that 3 bedroom condo he must be ......
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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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