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

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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 comment:

  1. Dou20 April 2010 at 23:05:00 GMT+8

    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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