A Different Kind of Investment

Today, I learned about a different kind of investment and a different kind of bank.

What did the endorsers have to say?

Giselle Sanchez: “It is an investment just like bonds, stocks and savings.”

Anna-Lynn Salindong: “It is just like an insurance policy – a biological insurance policy.”

But I was not really thinking about investing and investments that day. I was going about my own way, staring at the wall of a clinic, when the wall stared back. On it was a message board and on the board was a poster of a cute baby.

It was a poster for cord blood banking.

Cord blood what???

And I was reminded that I kind of knew about it, a colleague in work having “banked” his baby’s cord blood in Singapore two years ago. All I know was that the expense was prohibitive. But I remembered too that my colleague, although sighing and murmuring about all that money he spent for it, thinks that he did good.

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Singapore: Money Lessons from Far Away

Everything I know about Singapore, I learned from a taxi driver.

Okay, maybe not everything.

But for sure, you can get a taste of the history and the local flavor and the vibe of this fine city’s life through the eyes of he who plies the road at about S$20 per pop (that’s about USD$12).

We had the pleasure of the company of three very talkative ones. On the way from the Night Safari back to our hotel, at 12:30 in the morning, the taxi driver told us tales. Real tales.

And what he has told us has earned my respect for this beautifully manicured City. There are a lot of lessons to be learned here – some on money, some on good governance, others still on not taking anything for granted.

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