Personal Finance
Can the Pursuit of Financial Independence Work for Aspiring Cabinet Ministers in Singapore?
By Investment Moats  •  August 12, 2018
I read the following paragraph:
Mr Tong, 48, who was a partner at leading law firm Allen and Gledhill, is an exception, because he wants to serve, Mr Goh added. Mr Goh said that after Prime Minister Lee Hsien Loong approached Mr Tong to be a senior minister of state, the latter went to see him. They are fellow MPs for Marine Parade GRC. Mr Goh recalled their conversation: “He said, at this stage of his life, he has got a house, he has got a mother-in-law to support, a father-in-law to support, his own parents and so on, what should he do? “So I asked him, ‘Edwin, what are you in politics for?‘ He said, ‘Here to serve.’ So I said, ‘Well, you know between $2 million and perhaps half a million, later on you hopefully become a full minister, $1 million, you have to ...
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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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