As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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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

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Value Investing
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Monday, 25 November 2013

Singapore's inflation rises to 2% in Oct

Services inflation eased to 2.5 per cent in October from 2.7 per cent in the preceding month, led by slower increases in the costs of recreation & entertainment, and holiday travel - PHOTO: SPH

Consumer price inflation rose to 2 per cent in October from 1.6 per cent in September, largely due to an increase in food and car prices.

Economists polled by Bloomberg had been expecting a marginally higher 2.1 per cent rise in the consumer price index (CPI) in October from a year ago.

Because of a pick-up in COE premiums, private road transport costs rose 2.7 per cent last month from a year earlier, rebounding from September's 2 per cent decline.

Food inflation was 2.5 per cent in October compared to 2.4 per cent a month ago, reflecting slightly steeper price increases for both non-cooked food and prepared meals.


  1. My KopitThiam's Wanton noodle last month up the price from $3 to $3.30.

    That is 10% inflation!

  2. if one needs meal suggestion to beat inflation and staying healthy at the same time then just look to AK71 :-


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