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Becky Isjwara recounts her family's financial struggles and her father's risky investment that wiped out her college fund. Despite initial setbacks, her grandfather's gift provided hope, prompting her father to invest in a high-yield Singaporean fintech company. However, the company's collapse left them penniless. Reflecting on her parents' lessons about safe havens like gold and the US dollar, Isjwara recognizes their limited financial knowledge. While disappointed in her father's choices, she took a stable path with index investing and a corporate job. Her journey illuminates the risks taken by families striving for a better life.
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The time Dad gambled away my college fund →
Writer
Becky Isjwara
Summary
Becky Isjwara recounts her family's financial struggles and her father's risky investment that wiped out her college fund. Despite initial setbacks, her grandfather's gift provided hope, prompting her father to invest in a high-yield Singaporean fintech company. However, the company's collapse left them penniless. Reflecting on her parents' lessons about safe havens like gold and the US dollar, Isjwara recognizes their limited financial knowledge. While disappointed in her father's choices, she took a stable path with index investing and a corporate job. Her journey illuminates the risks taken by families striving for a better life.
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