It's a tradition that I will blog every CNY. It is chu er today, I am still having blogger (writer) block and can only offer a light bite here (brain food still in oven). Rest assure I have not retired from finance blogging, I was just taking a short break.
Inspired by SMOL's recent comment, I would like to ask
What's in your Ang Pow?
Money of course la!
Opps I am afraid not... that's currency.
What?
If you don't know, read this https://www.wallstreetmojo.com/money-vs-currency/ and this Currency vs Money: Did you know there’s a difference?.
Now that you know the difference, next is to ask yourself - am I accumulating currency or money?
The rich sought money in many forms - properties, assets, gold, silver, cryptocurrencies... you get the idea. The rich know very well the difference between good and bad money. They know how to get their hands on the good money too and keep them....