Full front page of the Herald today N.Z. has 352 deaths on the roads this year - highest in 7 years. In the blink of an eye http://www.nzherald.co.nz/nz/news/ar...ectid=11955958
Food for thought - Suppose one of your kids or your partner is one of the many thousands of people seriously injured on the roads next year.
What good is your share portfolio to you as you visit them in hospital and look at them suffering serious injuries, knowing that you could have done something about it and ensured they were driving a safer vehicle and that probably the effects of their injuries may have been materially less severe with a safer vehicle ? How do you live with yourself if your partner of child is maimed for life or killed ? In the print edition of the N.Z. herald it is reported that the pastor that was killed in this accident was going to preach a message the following Sunday. Her partner had to do it. The Message was about being grateful for what God has given us.
Maybe at this time of year after a great strong year in the sharemarket it might be time to pause and reflect from the game and do a stock take on the bigger picture.
If as my Uni professor suggested "Investment is simply deferred consumption" perhaps it makes more sense not to live life so frugally we take untoward risks with our loved ones lives ?
Percy brought up the Mercedes thing because he knows I used to own one but the reply seems like such a trite rebuttal.
The fact is Mercedes-Benz invented a lot of the safety systems we take for granted in cars today like ABS brakes, (ABS) Dynamic stability control (DSC) crumple zones e.t.c e.t.c. but also without wishing to overstate the completely obvious you don't need to buy a Mercedes-Benz to enjoy the peace of mind that these modern safety systems confer.
Apologies for dragging the tread off on a tangent and I will leave it at that other than to note that sadly I see Trade Me no longer seems to feature the ANCAP rating for vehicles in the rating section for each listing but lists the fuel economy rating, apparently this is more important, go figure ? Good to see Turners on their website still features ancap ratings where available for their listings. Good on them for making such valuable information available.
If you would like more information on ANCAP ratings please refer to this link. http://rightcar.govt.nz/
Useful information about how modern safety systems protect their occupants in the tab here http://rightcar.govt.nz/protection-during-a-crash.html
Information about how modern safety control assistance systems assist drivers to stay in control and avoid an accident in the first place is in this tab http://rightcar.govt.nz/staying-in-control.html
My hope is that those investors on here who are in the fortunate position to be able to afford one of the safest cars available would at least read the links in this thread to gain an understanding of how modern safety systems work so that they can make an informed decision next time they replace one of their loved ones vehicles.
Best wishes for safe motoring this festive season.