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



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.

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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

Thursday 7 December 2017

Not Giving Discount Anymore!


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


 In the business world; giving discount is win-win. Buyers are happy with their discount and Sellers increase their revenue.

 Initially, Uncle8888 is also happy to give discount for win-win situation; but after sometime he realized that he is not chasing for more revenue why gives discount! 

 You want. You come. No discount! 

 Surprisingly some still don't mind! Strange!
Posted by Createwealth8888 at 08:47
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2 comments:

  1. Singapore Man of Leisure7 December 2017 at 09:05:00 GMT+8

    CW,

    Giving tips is a sign of "I have enough" mentality. You have met those staying in landed and private condos but have a mentality of "lack" right? Not even offer a glass of water... (They see you as menial labour)


    Not giving discounts is a position of strength. Like those hawkers who yell at their customers, "Cannot wait; don't wait!"

    Customers who are willing to pay full price to get good service are "tipping" ;)


    ReplyDelete
    Replies
    1. Createwealth88887 December 2017 at 09:20:00 GMT+8

      May be these customers are thinking why let platform's owner takes the cut/commission. Yes. They are indeed "tipping" with the cut/commission.

      Delete

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