Saving & Spending
Economics of my motorbiking ownership experience in Singapore
By 35 is the defining age  •  July 13, 2020
I recently sold off my 8 year old KTM Duke 200 motorbike and thought it'll be good to do a reflective post on this, in a bid to explore quantify the economics of my motorcycling experience. I purchased my motorbike in 2015 for a cool S$9,000 or so and held it for just over five years. It was a 3rd hand bike that had seen probably only 7,000 km or so of mileage over the first three years of its lifespan, given the profiles of its previous owners - an expatriate and another professional who used it mainly for weekend riding. At that time, the purchase price was a real bargain for me, given the seller was a friend who was looking to move on the motorbike as he was looking to relocate. If I recall correctly, a brand new KTM Duke was around $14 to 15k or so at that point in time....
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By 35 is the defining age
Picked up "The Intelligent Investor" by Benjamin Graham back when I was serving my national service when I was 18 years of age - that chapter on Mr Market was mind-blowing and opened up a whole new paradigm of investing that that shaped my investment thought process since.
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