Saturday, March 17, 2007

Our move towards developing clean energy and the attempt by investors to buy over and redevelop the Goodwood Park grounds. These two stories on the ST cover today tell me one thing: no one gets rich using their own money. The clean energy article says that applicants will get funding for their research amounting to millions of dollars. The Goodwood Park article says a little-known investment company will "work with property giants -- from Singapore and HK -- to fund [the project]."

To get rich, we have to convince other people that we know how to spend their money better than they can. So to those of you asking how to scrape up enough capital from your meagre savings to start your own company, the answer is, you don't. Leave your own money alone, go borrow from other people get others to invest in you instead.

Or you could just be satisfied with your "steady" income. That's what kids train for in school, isn't it? Do your job, get a grade. Do a lousy job, get a lousy grade and probably a scolding as well. Ahh... the life of a salaried worker.

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