Personal Finance
How 1.95% More Interest on Savings Can Greatly Impact Your Wealth
By Investment Moats  •  November 8, 2017
Why do some of my Millennial friends don’t want to go on 2 free trips to Europe? That is a good question. Being the oldest millennial around, I get to work with a bunch of co-workers that are at least 7-10 years younger than myself. I get to see their spending habits but knowing whether they do save money, or how they build their wealth is another matter altogether. 3 weeks ago we went to the nearby Ghim Moh market to have some cheap yet great food. I took the opportunity to ask one of my co-worker which savings account does he use to maximize his savings. He told me he does not used any special savings account. I was horrified. At first, I thought he is like me. He must invest and these savings are his dry powder to take advantage of market correction. He doesn’t invest. He told ......
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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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