You tell me!
Either from your very own personal experience, or from your anecdotal observations on friends, neighbours, school mates, colleagues, relatives; etc.
Thursday, 15 October 2020
Sunday, 11 October 2020
I've Capitulated
The first time I've ordered anything online was in Shanghai.
It was for a book that I can't find in Shanghai. So I got it from Amazon.
Quite amazing.
From a warehouse somewhere in US to my doorstep at Shanghai?
I was impressed.
As an old school brick and mortar IT dinosaur, that "virgin" experience stopped until I came back to Singapore. I still prefer the actual shopping experience of a proper store.
Anyways, 2 years back, mom damaged her "ancient" kopi pot. Searched everywhere can't find a replacement.
There's a shop in Chinatown that sells those canteen metal plates and coffee cups I remembered so well during my primary school days. Hopes up; hoped dashed.
Nope. They don't carry the kind my mom wanted...
So no choice have to search online.
Found something similar. Not the same but close enough!
Then beginning of this year, I shared I bought a cheapo shower water heater online to last me at least 1 year until I moved out to my new flat early next year.
Its so "cheap" that brick and mortar shops don't carry it. LOL!
Guess what?
Dad's 32 inch TV broke down Friday.
Just ordered one online. Its selling even cheaper than the staff price from my weekend sales gig.
OK, there's a catch.
If buy from authorised retailers, the warranty is 3 years.
This one only has 1 year warranty from the local seller.
Which is code or another way of saying this TV is parallel import.
Hey, for this price, I'll take the risk.
Its a good reminder nothing is "FREE"!
A lot of customers are easily "manipulated" by what they thought is "FREE"...
Its all in the price. (Sounds familiar? Maciam like trading and investing right?)
I've capitulated.
I think I'm moving to the dark side...
Monday, 5 October 2020
Stocks Only Go Up. Wait!?
Some of you may have heard about the exploits of Dave Portnoy in the US in recent months.
Yes, this modern day pipe piper is leading his horde of millennial day traders bored with the Wuhan virus lockdown, and making tons of money since the lows of March!?
Before you start to laugh or mock him, like the red-faced US media, do first make sure you do not call yourself:
1) A long term investor.
2) A buy-and-hold investor.
3) A passive indexing investor.
Isn't the key cornerstone of your investment thesis is stocks only go up too?
Awkward pause.
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