ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S.

"I have enough money to last me the rest of my life, unless i buy something."
Jakie Mason.

The above quotation for me is not a joke.
It's part of my outlook on money.
If i don't have to buy anything, i am rich already.

I also always joke, i will be the richest man on earth if i know when i going.

Another words if my wants are simple (sorry, but i own a car), my family life is not complicated, then it doesn't matters very much whether i am a millionaire or not.

Of course, who don't want to try to be a millionaire?

My opinion:-

The best way to become one is by all the "combinations" of your daily living through out the years, viola, you become one naturally. With out in exchange for your health or too much of your family's time or sacrificing human relationship.
"Natural" is the best.
Don't force it if it's not meant to be.
Ha! Ha!

I chanced upon this thread and anecdotally i do see less flashy cars on the streets

Looks like the Bugis road Ferrari accident marked the peak of decadence in Singapore

4 years on maybe we can all learn something about cycles, perception and self-control. Learning from history is free

After reading this, it make me more determined to book the brand new Mesarati Gibli( V6 3L Bi Turbo), which will costs me about S$100,000.
To avoid confussion, I am stationed in Dubai

After LTA introduced the punitive tiered tax structure on OMV since early 2013, all cars above 50k OMV will attract much heavier tax. Which means it cost a lot more than it used to for luxurious cars. S CLASS used to cost 300k +... , the minimum now is 400k +.


Ghibli is doing almost 400k from Hong Seh. But its not selling well in Singapore compared w Porsche. Macan selling like hotcakes despite the heavy tax.



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In the old days, it was shooting wild boars, moose, antelopes, lions and elephants.

To have them mounted on the wall to be displayed. Trophies of: "been there, done that..."

The need to have trophies is an evergreen human need. My trophy is the return on my investments.. alas, it cannot be displayed.

Yup. Cars are visible trophies. Likewise with properties.
Its easier to tell friends at the coffee shop that you own units at Ardmore and River gate than to tell friends you own $1m worth of shares in StarhillReit.

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