As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

Welcome to Ministry of Wealth!

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

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

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. 




Posted by Createwealth8888 at 17:59
Labels:

4 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

  3. Giving from the heart not giving to show off or to boost one's esteem.

    Some peple i suspect started with giving to boost one's self esteem but becomes a habit of generosity.

    At the same time makes oneself feel important.

    And why not?

    i think i understand my sister-in-law better now why she so generous to service staffs.
    i mean real generous by any standard.

    And we all enjoy the special services from service staffs due to her presence.

    ReplyDelete

Subscribe to: Post Comments (Atom)
Related Posts with Thumbnails