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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Tuesday, 20 April 2010

Personal Inflation Rate and Market Inflation Rate - Revisit

Inflation Risk and Sing Dollar Currency Risks - Part 2

Personal and family inflation rate may be higher or lower than the Market inflation depending on your lifestyle and life stage.

For examples, any inflation related to the following will not impact me much:

  • Cars - I don't drive
  • HDB flat - I already bought and fully paid up
  • Cigarette, cigars - I don't smoke
  • Liquor - I don't drink liquor
  • etc
Parents with children will have higher inflation rate than parents with grown up kids who are not staying with them.

So don't worry too much about market inflation as it may impact you less than expected  if you can adjust your lifestyle.
Posted by Createwealth8888 at 22:51
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1 comments:

  1. CAR -- I drive

    House -- Going to buy one.

    Haha....i am so dead. So there i am trying to beat inflation by trying to earn more money

    ReplyDelete

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