To drive or not to drive? Owni-To The Moon - Tiger Brokers Online Investing Community - To The Moon

To drive or not to drive? Owning a car very much depends on several factors such as job requirement for sales position to meet clients, sending the children for classes, bringing a bigger family out with more than 5 pax with infants and/or aged parents.

Certainly there are car rental companies and Grab cars available with a lower cost but less convenient. Public transportation is accessible to most if one is healthy and mobile.

Personally, I believe the COE prices will continue to slide gradually into 2024 and 2025 as the "general election is approaching", if you know what I mean 🤫

There are different seasons in life to own various kinds of products and services required. It's important to simply live according to our earning capacity and avoid spending beyond our means.

COE Prices Rebound: Are You a Car Owner or Not?

On January 17th, Singapore's second round of COE (car certificate) prices surged past 100,000 Singapore dollars. Its volitility is comparable to the stock market. After reaching a peak in October 2023, prices declined from November to January. In 2024, there was a substantial drop in COE prices, some even returning to levels from two years ago. Some suggests Singapore has the world's highest car purchase costs. ---------- How do you view? Are you a car owner or ready to be? Or owning a car is not your plan？

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

keke006
01-25
keke006
Agreed, live within means! 🚗💰
koolgal
01-23
koolgal
Well said 😍😍😍
jinxie
01-25
jinxie
I agree! 💸😄

Leave a comment

3

73

5

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":264698758987904,"tweetId":"264698758987904","gmtCreate":1705647759834,"gmtModify":1705923628861,"author":{"id":3566532164444643,"idStr":"3566532164444643","authorId":3566532164444643,"authorIdStr":"3566532164444643","name":"ZEROHERO","avatar":"https://static.tigerbbs.com/62813b6df1c4722e559d112fadd5486a","vip":2,"userType":2,"introduction":"BA in Media Art. Entrepreneur, Educator, Entertainer","boolIsFan":false,"boolIsHead":false,"crmLevel":8,"crmLevelSwitch":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.02.05","exceedPercentage":"93.41%","individualDisplayEnabled":0},"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.23","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"}}],"fanSize":16340,"starInvestorFlag":true,"starInvestorFollowerNum":5422,"starInvestorOrderShareNum":945,"userFollowInvestorFlag":false,"orderNotificationFlag":false,"ror":7.97,"showRor":true,"investmentPhilosophy":"Dream Big, Start Small, Build Deep.","winRationPercentage":69.686411,"tradeVolumeEst":0},"themes":[{"themeId":"e462c30e40894f358365a4ad181a7805","categoryId":"d3c66e9d6c224ba082ca76ee654847ca","name":"COE Prices Rebound: Are You a Car Owner or Not?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":e462c30e40894f358365a4ad181a7805}&rnconfig={\"headerBarHidden\": true}","description":"On January 17th, Singapore's second round of COE (car certificate) prices surged past 100,000 Singapore dollars.\nIts volitility is comparable to the stock market. \nAfter reaching a peak in October 2023, prices declined from November to January. \nIn 2024, there was a substantial drop in COE prices, some even returning to levels from two years ago. \nSome suggests Singapore has the world's highest car purchase costs.\n----------\nHow do you view?\nAre you a car owner or ready to be?\nOr owning a car is not your plan？","image":"https://community-static.tradeup.com/news/6f9d48390da12b84870ab45ede538ecd"}],"images":[],"coverImages":[],"html":"<html><head></head><body><p>To drive or not to drive? Owning a car very much depends on several factors such as job requirement for sales position to meet clients, sending&nbsp;the children for classes, bringing a bigger family out with more than 5 pax with infants and/or aged parents.</p>\n<p>Certainly there are car rental companies and Grab cars available with a lower cost but less convenient. Public transportation is accessible to most if one is healthy and mobile.</p>\n<p>Personally, I believe the COE prices will continue to slide gradually into 2024 and 2025 as the \"general election is approaching\", if you know what I mean 🤫</p>\n<p>There are different seasons in life to own various kinds of products and services required. It's important to simply live according to our earning capacity and avoid&nbsp;spending beyond our means.</p></body></html>","htmlText":"<html><head></head><body><p>To drive or not to drive? Owning a car very much depends on several factors such as job requirement for sales position to meet clients, sending&nbsp;the children for classes, bringing a bigger family out with more than 5 pax with infants and/or aged parents.</p>\n<p>Certainly there are car rental companies and Grab cars available with a lower cost but less convenient. Public transportation is accessible to most if one is healthy and mobile.</p>\n<p>Personally, I believe the COE prices will continue to slide gradually into 2024 and 2025 as the \"general election is approaching\", if you know what I mean 🤫</p>\n<p>There are different seasons in life to own various kinds of products and services required. It's important to simply live according to our earning capacity and avoid&nbsp;spending beyond our means.</p></body></html>","text":"To drive or not to drive? Owning a car very much depends on several factors such as job requirement for sales position to meet clients, sending the children for classes, bringing a bigger family out with more than 5 pax with infants and/or aged parents. Certainly there are car rental companies and Grab cars available with a lower cost but less convenient. Public transportation is accessible to most if one is healthy and mobile. Personally, I believe the COE prices will continue to slide gradually into 2024 and 2025 as the \"general election is approaching\", if you know what I mean 🤫 There are different seasons in life to own various kinds of products and services required. It's important to simply live according to our earning capacity and avoid spending beyond our means.","highlighted":1,"essential":2,"paper":1,"likeSize":73,"commentSize":3,"repostSize":5,"favoriteSize":0,"link":"https://ttm.financial/post/264698758987904","repostId":0,"isVote":1,"tweetType":1,"viewCount":491,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":650,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":266940050997336,"commentId":"266940050997336","gmtCreate":1706180970387,"gmtModify":1706257957855,"authorId":3479274814931736,"author":{"id":3479274814931736,"idStr":"3479274814931736","authorId":3479274814931736,"name":"keke006","avatar":"https://static.tigerbbs.com/07c96db55686042cdad8d7a5bde041d7","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":264698758987904,"objectIdStr":"264698758987904","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Agreed, live within means! 🚗💰","text":"Agreed, live within means! 🚗💰","html":"Agreed, live within means! 🚗💰","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":266124928995488,"commentId":"266124928995488","gmtCreate":1705992341800,"gmtModify":1705992348963,"authorId":3559581955535845,"author":{"id":3559581955535845,"idStr":"3559581955535845","authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"currentWearingBadge":{"badgeId":"c4ee29b388ff41cc8462b3b7ea00d1e2-1","templateUuid":"c4ee29b388ff41cc8462b3b7ea00d1e2","name":"Monthly Top Contributor","description":"Top 3 Contributors with the most and best Editor's Picks every month","bigImgUrl":"https://static.tigerbbs.com/b0cad6192443c33dca826a001250fbd4","smallImgUrl":"https://static.tigerbbs.com/5ccd98c646815ce7610b0df338e060cc","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.04.02","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2003},"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.23","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":264698758987904,"objectIdStr":"264698758987904","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Well said 😍😍😍","text":"Well said 😍😍😍","html":"Well said 😍😍😍","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":266940638322872,"commentId":"266940638322872","gmtCreate":1706180970623,"gmtModify":1706257958622,"authorId":3479274790156223,"author":{"id":3479274790156223,"idStr":"3479274790156223","authorId":3479274790156223,"name":"jinxie","avatar":"https://static.tigerbbs.com/a2d9acb0d80becf75c62d31ded80527d","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":264698758987904,"objectIdStr":"264698758987904","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"I agree! 💸😄","text":"I agree! 💸😄","html":"I agree! 💸😄","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/264698758987904"}