All of us aspire to see perfection in our lives especially in areas where we often fail. Some people exhibit this by acquiring status symbols to demonstrate their arrival at various stages. Just this afternoon, I was with a client who specializes in insuring luxury cars in Singapore and he was telling me how some of his clients were buying extremely expensive cars (those valued at SGD 500,000 and above) and would not bat an eyelid to pay annual insurance premiums of SGD 40,000. What compounds the 'stench' is that these clients would pay cash to acquire these assets.
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