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!


Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

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.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Monday 24 January 2011

Inflation in S'pore continued rise in December

SINGAPORE: Data released on Monday by the Department of Statistics (DOS) showed that the consumer price index (CPI) rose by 4.6 per cent on-year.


Higher costs in transport, housing and food led to the price hike.

DOS said that excluding housing, the consumer price index went up by a lower 4.3 per cent.

Meanwhile, compared to the previous month, CPI in December rose by 0.2 per cent due to higher costs of transport, food and recreation.

DOS said the increase more than offset the decline in housing cost.

It added that excluding housing, the consumer price index was 0.5 per cent higher.

And for the full year of 2010, the consumer price index rose by 2.8 per cent compared with 2009.

Excluding housing costs, the consumer price index for 2010 grew by 3.3 per cent.



-CNA/ac

No comments:

Post a Comment

Related Posts with Thumbnails