tag:blogger.com,1999:blog-37872616.post2923697596349010665..comments2024-03-29T15:43:16.837+08:00Comments on BULLy the BEAR: The price and value of deprivationla papillionhttp://www.blogger.com/profile/01372278083694506953noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-37872616.post-41727621187092637902015-05-10T23:39:28.173+08:002015-05-10T23:39:28.173+08:00Hi Rolf,
Haha, thanks for sharing your story with...Hi Rolf,<br /><br />Haha, thanks for sharing your story with us!<br /><br />I used to be like those pple where they buy new things and use it once a while. That's such a scarcity mindset! These days I follow your style - use it often and frequently. I seldom buy things but if I like it, I'll do it :)<br /><br />I feel more balanced this way :)la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-69926684877851232182015-05-10T13:03:39.891+08:002015-05-10T13:03:39.891+08:00Hi LP,
Money is elusive when I am young. Very poo...Hi LP,<br /><br />Money is elusive when I am young. Very poor! Strangely, I already started to go for value. I remember I have a table tennis bat that cost $50 and a badminton racket that cost $100 in late 80s to 90. I bought those with my own savings over some time/Ang pow and a money award that my principal give to me, for rep the school. <br /><br />It has not changed thru out 20 over yrs as I still look at value more than price. Not that I am rich thru out, but I am a fussy guy. It's not easy for me to find things I really like, but once I found it, I really want to own it! <br /><br />Once I own it, I want to use it immediately and as frequently as possible, Depreciation per day is Lower which means better value. <br /><br />Eg if a Rolex watch. I prefer to wear it everyday. But I know many people prefer to keep it in closet and only use it on special occasions! <br /><br />People who do not noe me always say I anyhow spend on expensive things, but in fact my wife noe that I am so spendthrift and only seldom buy a lot of unnecessary things. once I buy it, I make sure I really like it and use it often for a long long time! <br /><br />:-) Rolf Sueyhttps://www.blogger.com/profile/10723925075715114650noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-31616745869264756052015-05-07T11:17:50.291+08:002015-05-07T11:17:50.291+08:00Hi SMOL,
Yes, those are the days :)
The funny th...Hi SMOL,<br /><br />Yes, those are the days :)<br /><br />The funny thing is that now I'm also saving 50k, but the quality of that savings is so different. $1 saved can have so different value when we have different mindsets!<br /><br />These days, I spend accordingly to what brings me the most joy. In the past, I save money indiscriminately, and that's why it's not sustainable! Everything also cut cut cut, regardless of whether I really need it or not. <br /><br />So you're right. Only when we know the limits can we walk the moderate middle way :)la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-27016368251158862332015-05-07T11:15:17.919+08:002015-05-07T11:15:17.919+08:00Hi bro8888,
It's really an experience eating ...Hi bro8888,<br /><br />It's really an experience eating our favourite food eh? I'm take your advice and remind myself not to deprive myself from food :)la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-39840335553889836002015-05-07T11:14:25.607+08:002015-05-07T11:14:25.607+08:00Hi SI,
Price is objective, value is not - couldn&...Hi SI,<br /><br />Price is objective, value is not - couldn't have said it better :)<br /><br />I had not been to a food court for ages, though I always eat at the wet market/coffee shops near my place. Food court pricing is crazy and is not value for money. Not value lost in saving the money from not eating there. I usually eat at restaurants when I go out with my wife. But we always share portions. 1 portion, share between us. It's sweet - she's on diet perpetually and I don't want to eat so much anyway. I find this a good balance, because the value from sharing a meal at a pricey restaurant is much much more than the price I paid.<br /><br />Hmm, overseas trip...we are not travel bugs. So occasionally going overseas is very fine for me. If it's every half a year to a trip to Europe? Nah...see until sian hahala papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-83166462726318609342015-05-07T10:17:03.568+08:002015-05-07T10:17:03.568+08:00LP,
I remember when you were blogging about your ...LP,<br /><br />I remember when you were blogging about your 50K challenge and thinking this is not sustainable...<br /><br />At best you die a rich man with lots of money; but a poor man when it comes to life experiences.<br /><br />I guess we have to experience the swings of the pendulum both ways to know what's our equilibrium and middle way :)<br /><br />Know ourselves instead!Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-33503265906119683332015-05-07T07:45:16.701+08:002015-05-07T07:45:16.701+08:00Definitely good one on food.
Most of us don'...Definitely good one on food. <br /><br />Most of us don't bother to think about our taste on food we like to enjoy. Ask those who have lost their taste on food during their Radiotherapy treatment and how they think about food now?<br /><br />How many of them are still thinking on saving a few $ to avoid eating their favorite meals?<br /><br /><br />Now, when I smell of oats, I want to "vomit". Those days when everyday meal was just oat. :-(<br />Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-83531321702395222032015-05-07T07:19:18.115+08:002015-05-07T07:19:18.115+08:00LP,
The law of opportunity costs and trade-offs.
...LP,<br /><br />The law of opportunity costs and trade-offs.<br /><br />Price is objective, value is not. 150 dollars is 150 dollars but how to determine worth it? Usually it is by "shiok" factor. <br /><br />If the shiok factor last very long, maybe it is quite worth it. If after that 120 dollars meal, you start thinking of the opportinity cost of compounding loss. Then ...<br /><br />Food, if not regularly Indulged, doesn't really hurt. Regularly is again a value statement. Is weekly regular? <br /><br />But I do feel the pinch every time my family ask for overseas trip. It is usually one Lot of OcBC. LolSillyinvestorhttps://www.blogger.com/profile/03228581533460899084noreply@blogger.com