Very interesting proposal by Panzer. At first glance, I thought it was coming from a financial institute or some government body but no, it's coming from a blogger! It may sound attractive especially to budding entrepreneurs but there will definitely be issues to iron out. Nevertheless, no harm in contacting Panzer for more information.
By: PanzerGrenadier
Growing an idea
Today’s article will see me moving on a slightly different path but still on the ultimate journey towards financial freedom. My blog is a vehicle for myself to share, explore and develop with you the themes of financial freedom, living within your means, saving and investing and growing your means.
To this end, I have chosen the topic to be on investments. I have a small group of friends who look out for opportunities to invest our monies so as to make our money work harder for us and for us to plan to retire way before we hit the statutory retirement age. We have explored the traditional safe investments such as fixed deposits and treasury bills as well as dabbled in the stock or equity market. One among us is a savvy property investor whilst still living within his means. Read more...
My Comments:
Hi Derek
Private investment and deals have always been done and if you look at the towkays running coffeeshops and other homegrown businesses. Many ideas became reality with a bit of capital allocated by private investors who assess risk-returns somewhat with a different perspective as compared to banks and government bodies.
For me, in the dismal returns of 1% or less for riskless treasury bills and the gyrations of the stock market, paper assets are part of one’s portfolio but as one gathers some experience to evaluate risk-return, why not see what interesting to-market ideas young singaporeans can come up with without the hassles and strings that come with typical finance/bank or government funding.
Be well and prosper!
Hi Panzer,
I understand where you are coming from. Maybe I will require some funding in future to make my blog the no.1 in Spore. ;)
Wishing you success!
Derek