Saving & Spending
Saving money with good deals is common sense but…
By A Singaporean Stockmarket Investor (ASSI)  •  July 20, 2016
As investors, we know that businesses that take cash from customers and enjoy credit terms from their suppliers are in a very good place. Get paid now but pay vendors much later? Wow! This is one reason why Walmart is a good business, right? When we go to a supermarket, we don't get to leave the place with the stuff we want unless we pay for it. Of course, we can pay with a credit card to enjoy some shopping benefits but it is essentially a case of "no pay, no take". When we see a very good deal on something that we consume often, we could buy a lot more to save money. Instead of buying one, we buy more. That makes many of us happy! Question: If the supermarket told you that you could buy more of a special deal item but you could only collect one now and the rest on a monthly basis ......
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By A Singaporean Stockmarket Investor (ASSI)
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