I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


Click to email CW8888 or Email ID : jacobng1@gmail.com



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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

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Saturday 22 July 2017

TIP - To Insure Performance? Not Really For One Time Effort Job


Read? TIP - To Insure Performance


Uncle8888 also into this uncommon tip receiving service.

TIP - To Insure Performance?

This is how he thinks.

For one time effort job and most unlikely to happen again to the same person to receive the service. Why do some people still choose to give tip either by keeping the change or pulling out that dollars from their wallet?

So far he has received tips from $1 to $20 and men are more likely to give tips!

These gentlemen are more generous by nature! Right?

Up to now he has observed that those staying in expensive house and estate may NOT be the one who are likely to give tips. 






3 comments:

  1. CW,

    When I take taxis or order pizza, I would tip even though I'm unlikely to see the same person again.

    That's why I like to pay in cash so I can say, "Keep the change."


    You can see the "same" behaviour in some men like in offering cigarettes to new friends in NS or buying drinks for kakis.

    We can also spot "similar" behaviour in small kids or when we were young - some share toys; some don't ;)



    ReplyDelete
  2. Does this mean most give tips due to their nature or their way of showing appreciation of services; especially on time & effort rather than exceptional level of service received?

    ReplyDelete
    Replies
    1. CW,

      Both.

      Just ask yourself how you felt when receiving a tip when you did not expect one?

      Sometimes a tip is to show appreciation for the common man who rides the SMRT bus. (There are people who give ang pao to the foreigner road sweepers keeping our HDB estate clean)

      Sometimes a tip is to reward exceptional level of service.

      Just don't over think it.

      Want to give, give.

      Don't feel like giving, don't.


      Sometimes its nice to see smiles on other people faces ;)


      Delete

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