• Home
  • Blog
  • General Tips
    • Road map
    • Retirement calculator
    • Align your help
  • Savings Tips
    • Pay yourself first
    • Understand your spend
    • Spend the same
    • Pay for value
  • Income Tips
    • Rent your room
  • Investment Tips
    • Amateur missteps
    • Stock instrument glossary
    • Get educated
    • Understanding risk
    • Plan your allocation
    • Selecting a broker
    • Investment criteria
    • Fundamental analysis >
      • Automated extraction
      • Analyze the data
    • Technical analysis
    • Targeted averaging in
  • Meet & Greet
Journey Investments
  • Home
  • Blog
  • General Tips
    • Road map
    • Retirement calculator
    • Align your help
  • Savings Tips
    • Pay yourself first
    • Understand your spend
    • Spend the same
    • Pay for value
  • Income Tips
    • Rent your room
  • Investment Tips
    • Amateur missteps
    • Stock instrument glossary
    • Get educated
    • Understanding risk
    • Plan your allocation
    • Selecting a broker
    • Investment criteria
    • Fundamental analysis >
      • Automated extraction
      • Analyze the data
    • Technical analysis
    • Targeted averaging in
  • Meet & Greet

Financial freedom blog

Buying value

4/11/2018

0 Comments

 
​Many years ago, I wanted to buy a watch. I enjoyed the process of searching through watch catalogues, reading about the history of the brands, learning about the quality of the craftsmanship, the impact of the different materials. I eventually settled on a SG$25,000 watch and was really looking forward to buying it.

Just before I made the purchase, I imagined myself putting on the watch, walking around with it, working at my desk with it, taking it off at the end of the day. This made me realise that one thing.... I don't actually like wearing watches. You see, I am right handed and my dad is left handed. I learned how to wear a watch from my dad, so I wore it on my right hand. Every time I settled down to write or type for a long time, I had to take off the watch, because I was wearing it on my dominant hand and it got in the way.

I snapped myself out of it and realized that I was falling into the marketing gimmicks of the watch sellers. Instead of buying a $25,000 watch, I stopped wearing watches altogether. 

I almost fell into the trap of buying something that I totally did not need or even want to use. Want to know how to prevent this from happening to you? Try this new tip on getting value for the price you paid.
0 Comments



Leave a Reply.

    Categories

    All
    1. Musings
    2. General Tips
    3. Savings Tips
    4. Income Tips
    5. Investment Tips

    RSS Feed

All content in this website is formed from my personal opinion based on my personal experience in saving, generating income and investing. None of the content should be read as a recommendation for any particular investment, these are my personal opinions only. Please do your own due diligence before embarking on any investment.
Journey Investments
​dru@journeyinvestments.co
  • Home
  • Blog
  • General Tips
    • Road map
    • Retirement calculator
    • Align your help
  • Savings Tips
    • Pay yourself first
    • Understand your spend
    • Spend the same
    • Pay for value
  • Income Tips
    • Rent your room
  • Investment Tips
    • Amateur missteps
    • Stock instrument glossary
    • Get educated
    • Understanding risk
    • Plan your allocation
    • Selecting a broker
    • Investment criteria
    • Fundamental analysis >
      • Automated extraction
      • Analyze the data
    • Technical analysis
    • Targeted averaging in
  • Meet & Greet