21-12-2014, 03:11 AM
(19-12-2014, 08:38 PM)Temperament Wrote: [ -> ](19-12-2014, 08:01 PM)yewkim Wrote: [ -> ]From car to any kinds of thing if you are willing to pay, of course go for everything "original" from parts to services.(19-12-2014, 11:03 AM)Temperament Wrote: [ -> ](19-12-2014, 10:32 AM)orangetea Wrote: [ -> ]Spot on.Temperament Wrote:Your story may be true 100 %. So far there are 100s to thousand of motor workshops in this "Little Red Dot" and no such case surfaces. Touch wood. Still your advice is not out of the "commonsense". Of course if i can afford to own an "exotic car", will i send to any Tom and Dick's" work-shop for servicing? Nevertheless, in Singapore, there are non-agent workshops who specialise in servicing BMW, MERCE and what not Exotic cars. Other cars please go to other workshop hoh! Little RED DOT is very small, we can choose a "Reputable Workshop" accredited by "AA" after doing a little homework. So not necessary every time send car to agent like Borneo Motor for small little repair. You know how much agent charges compare to non-agent workshops. And if you own a car it's better to know something about your car and service and maintenance. Just like if you want to be in the Stock Market, you better keep learning and gather as much knowledge as as possible about Stock and Market or about Market 1st then stocks. i think i learn Market 1st then Stock. i still do. YMMV.
I concur.
I usually go for second hand cars because it is considerably within my budget. Though these days used cars carry external workshop warranties, but the repair and service is not up to par...and they gain back their cost of warranty by "carrot chopping" owners with higher charge of non covered parts and fluids.
As i have been irked by the quality of repair works and costs by "conglomerate" repair shops and mechanics, i have taken to educate myself and acquiring tools from amazon and direct spare parts buying from local dealers.
Henceforth the driving of my car now is an experience of both fun and joy - to track the car operation as well as my handling and foot to pedal. Much like investing.
Similarly, the quality of repair knowledge and equipment here vs the US is similarly comparable with SG and US stock market. There is more depth in know-how with mechanics there compared to here. In sg, it is stuffed mostly by malaysians who once know jow the repair is done, they leave. The turnover rate is high and the depth of skill retained here hits a ceiling. Local sg don't take up learning nor graduates do these repairs because of surpressed potential wage in jap, korean cars. Dang, we don't even plumb our pipes at home.
My car maintenance sharing is at orangehonda.tumblr.com
Just for the auto enthusiasts....
When i did minimum maintenance of changing belts drive & associates, i purchased complete set from Borneo motor. When i changed my front disc brakes, brake oils, in fact any things that i want to change or need to change, i always buy the originals. Even then you have to make sure who sell the originals as originals. This concerned the safety of your life man. No copy cat spare parts.
And i learn all these from my brother-in-law (he is a ship's engine technician). And of course some knowledge from the Internet.
Finally you have to find a reliable W/S who is willing to charged you for labour only.
If part are not original, it causes problem later, and it is not lasting too. Always go for original part. Imitation part are rampant in the market. Imitation brake pad are not effective, and it is safety in concern. Why save and risk your life and that of your loved one?
So when you bring your car to workshop which you do not know them so well, they could cheat you, calling you to pay for imitation part as original.
It is cumbersome that we has to know everything in life. How is that possible? So I always go to agent , no worry anymore. Yes, it is expensive, but it is reliable. I don't means one cannot save money, yes, provided you know the workshop well enough. There must sure be some honest one around. But just like a good stock, they are gem, hard to find. LOL
After some lesson learn then I decided that enough is enough. Maybe you guy are so far lucky. Wish you guy all the best. Let get back to stock. When we make enough, our nett worth will increase multi fold, so we need not be so calculative anymore.
I don't means to be little other, if cannot afford, then settle for a cheaper one and so of course the part and service will be cheaper, thus we need not worry about going to agent, better than get cheat by bengkia, like your local call them.
In Singapore, if one want to live it up, then you got to pay more. That is unavoidable. Food, or anything.
The only way to increase your nett worth is by gg to NYSE and oversea market, SGX is tank. Look today, 90% over of the market are dead. Look at my counter in US, 30%, 50% and one got me 200% over. Why should invester put their money here, when they are spoilt for choice the world over. SGX is a big yawn. Sometimes I thought my computer hang up, because most of the counter are not flickering at all. hahaha. But u look US and HS, non stop flickering still market close.
Make hay while the sun is still shining, soon it will be all over, winter coming. Good luck.
As for market the more volatile the market the better for active traders. And not necessary for "long-term" investor. Err... i meant long-term traders.
It is not a willingness to pay mentality, but rather what it is worth. Fake good and imitation good is worth ZERO, like your empty shell penny stock. British people call this..."Penny wise, but Pound foolish"...i think it is something like this, correct me if i quote this wrongly. This one is for all who think they can increase their nett worth.
In a bear market, every stock will be sold down, even the best of blue chip will not be spare. You follow it down and then up later, what profit you? In a bear, sell first, then buy back later will be a better option to profit even more. Yes, we may not buy at the rock bottom, but definitely we will buy at one of the low. And when it reverse, we will double our return. And when it bottom, it stay there for a long time. But you say it fundamental no change. But market don't care, it still go down all the same. To follow a stock down then up later is not value investing. It is unwise, you feel stupid.
Value investing does not means buy and hold till cow come home or the fundamental has change and we have to sell. We should sell when over all market and economy is gg to be bad. And buy back later at rock bottom price to profit even more so to increase your nett worth many fold.
If one buy now and then follow it down and then back up just to be even, what is his nett worth??? Isn't it better he sell , then buy back later to profit even more will add on to his nett worth?
Please do yourself a favor by not standing in front of a moving train. It does not pay to be a stubborn value invester
Calling oneself invester or long term invester or long term trader or what, is all the same. We buy low and sell high to make a profit, isn't it? Call me by any name is fine with me. Call yourself anything is fine, so long you don't lose money, and losing one life or your loved one by buying imitation good is stupidity at best. Think long term worth, not the affordability. Don't miss the forest for the tree.
This tread here should be rename how to improve our nett worth and not how much is our nett worth. We cannot profit from other people nett worth, so why bother??? WB is worth 33B so??? Peter Lim is worth 2B so??? Would not it be better that we improve out nett worth?