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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Wednesday 25 January 2012

Singapore's CPI up 5.5% on-year in Dec

SINGAPORE: Singapore's consumer price index (CPI) rose 5.5 per cent on-year in December.


That's down from 5.7 per cent in November.

This is according to data from the Department of Statistics (DOS) released on Wednesday.

DOS said the lower CPI reading was largely due to a smaller increase in the cost of private road transport - which moderated at 12 per cent year-on-year compared to 14 per cent in the previous month.

But housing costs - which was 11 per cent higher during the month - kept inflation elevated.

For the whole of 2011, inflation averaged at 5.2 per cent.

This year, inflation is expected to hover between 2.5 and 3.5 per cent, according to the Monetary Authority of Singapore and the Ministry of Trade and Industry.

- CNA/cc

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