From my observations, those who will have many wants are less happy than those with many needs.

You can tell that a person is wealthy when the person dressed very simple but neat with no visible labels. Only a poor person will show off their designer labels. <--- not for a truly rich, they just dont wear big DNKY logo

A wealthy person spends more on food than on electronics and fashion. Only a poor person would spend their food money on the latest gadgets and handbags. <--- wrong, they spend on both, cause they can afford it

There are tell tale signs when a person is financially secured - he/she still travels abroad even when the ringgit is tanking, he/she's wallet is stuff full of 100 ringgit notes and only pays with cash all the time. <--- super wrong, all use credit card

Other telltale signs include a mid tier car but with an expensive old number plate (single or double digit) which shows that the person is from an old rich family. <---- nope my boss has a fleet of RR

Does not like to show off. Very low profile about his life or where he lives. Also will try to not show off his watch and downplays it when friends notice his expensive watch. <--- Yes. This one correct. GOt one low key dinner, his wife was wearing $150k watch (USD ya)

Poor people would buy a car on 7-10 year loan and would usually buy entry level cars from Mercedes, BMW. A-class and 1-series are cars of choice for posers.

Poor people also wear designer labels on the outside and make sure people notice their fake watch or entry level watch. Rich people will go for the mid tier pricing for any luxury watch brands they buy into. The expensive upper tier of a luxury brand is reserved for posers whom saved up for a decade or more to afford it but after that, cannot afford to service the watch as it costs 4-5 digits to repair it every 3-5 years.

Poor people drink at bars and clubs where overpriced drinks are being sold. Rich people drink at home in their mini bar away from the noise and bar plebeians.

Anything else that I missed out? Looking at my list, I think I am more poor than rich.

this is agree... my uncle's friend wears neat and simple clothes and yes, not a single brand on them... has a camry and estima but wears an RM80k rose gold ceramic big bang and some seikos and gshocks
my uncle also same... simple man, but small time property developer

rich is subjective

and rich got different levels (millionaire, decamillionaire, pentamillionaire) and amongst these millionaires not all are cash rich, some on paper, some on asset , some mix of both . and high assets individual not all have high income revenue stream

different level of rich got different type of people

usually u see those humble rich, they are more likely to be millionaire next door type. usually inherit lands/property or purchase land/property when they were younger n by the time they are retired their assets multiplied so much yet they still have do not find the need to indulge in luxury or live atas lifestyle. Normally their children will end up as developer that drive flashy cars and also open alot businesses (most will close after few years)

and not everyone driving luxury cars are loaded. some are actually spending beyond their means some spending borderline of their means and of course some spend way below their means

I think another wealthy person criteria is that they are bloody stingy. Stingy in the sense that they will constantly ask for discount no matter what.

Well, I totally accept your statement being smart rather than "stingy" when one can pay less.

But, do you happen to see or hear any stories of them being rich and not stupid getting real deal at the end of it?

I'm really interested to listen to.

Well, that is definitely truth.

May I know what kind of stuff you buy with discount?

Kesian cannot accept criticisms to your poorly established opinions.

Yup.... TS poor fag with preconceived poor fag idea cannot accept others views

My sexual orientation has nothing to do with the topic on hand. If you have nothing to contribute to the topic, better to keep quiet and not post anything at all.

If you scroll though the posts, you will see that even posts that didn't agree with my views were being left alone and not deleted. You and your buddy, however, were posting stuff that were off topic and confrontational in nature in order to either get me to join your mini flame war or to stir up anger due to you two are having a bad day and needed a whipping boy to take it out on.

Well, sure you can post your disagreement to the topic at hand but please leave the anger and hate at the door.

Too much hate and racism exists in the world today and we definately do not need lowyat forums to be turned into a toxic place.

Nope and certainly great insight.

I presumed the free gift of you mentioned is actually from redemption point?

I like your post on SSPN on last year. Definitely a good information.

https://forum.lowyat.net/topic/3603912/all

I'm actually looking at Tax Relief stuff as my annual income tax started to cost me a huge bomb.

Now, I already max out "life insurance and EPF" and "Insurance premium for education and medical benefit". Your clause on SSPN saving scheme struck me but right now, I don't know whether it is still eligible for continuous years.