Personal Finance
How to Reduce Your Taxes, Build Wealth with Your SRS Money by Investing in MoneyOwl’s Portfolios
By Investment Moats  •  November 13, 2020
I used to work in my corporate IT job where the pace of work tends to be consistently busy. It did not start off that way. 6 years ago, the pace of work was much more balanced. When life was less hectic, your mind could sneak in some questions such as “Do I have something that I need to buy so that I could bulk buy during some year-end sale” or “What have I not done before the year-end that I would regret being so absent-minded about?” In the last few years, what I nearly regretted was not taking care of some of the money stuff such as topping up my CPF Special account, or my family member’s Special account and contributing to the Supplementary Retirement Spending (SRS) account to enjoy tax relief. If I forget to do that by 31st December of the year, I do not gain tax relief, more money flows out of my wallet and to the government....
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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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