You must not be addictive to having too much liquidity

JOYCE CHUAH admits that she used to be one - an addict to having too much liquidity. But she writes that we need to stop being one.

Just look at our savings and fixed deposit (FD) accounts. The heaps of money we keep in such low return vehicles far exceed our need for emergency funds. And yet, we do not complain about the returns, simply because they provide us with yet another addiction: “guarantee”.