I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


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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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Monday 23 December 2013

Singapore November inflation rises to 2.6 per cent


By Elena Torrijos | Yahoo Finance Singapore

Singapore's inflation rate rose to 2.6 per cent in November from 2 per cent in October, largely reflecting higher accommodation costs.
 
That was according to a joint statement by the Monetary Authority of Singapore and the Ministry of Trade and Industry released Monday.

The agencies noted that accommodation costs rose by 3.3 per cent in November, higher than the 1.9 per cent increase in the month before, when rebates to HDB households helped to lower the cost of "minor repairs and maintenance".

Private road and transport costs rose by 3.4 per cent in November from 2.7 per cent the month before, mainly due to the rise in Certificate of Entitlement premiums, they added.

Petrol pump prices also went up in November from the level in the same month the year before.

Food inflation inched up to 2.6 per cent in November from 2.5 per cent in October amid higher prices for non-cooked food items, the government reported.

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