Personal Finance
Why You NEED to Understand Other Wealth Topics, Wealth Machines
By Investment Moats  •  April 18, 2016
In investing, there are a lot of times you will come across information, knowledge proposed that may or may not be outright applicable to the way you build wealth, or as I often put it, applicable to your wealth machine(s). For those knowledge or wisdom that looks to be more suitable for a wealth machine that you are not using, should you not bother with it, discard it totally? I propose that you to slowly form a mental model of these other wealth machines that are not applicable to you now, even though they are not needed. There are some benefits towards why it is recommended for you to do that. Today, we are going to talk about this topic, and I will also give 4 examples how being expose to other wealth machines and wealth topics have changed the way I look at building wealth.

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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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