Among Singapore citizens in full-time employment, the (gross) median monthly income from work rose by 6.3 per cent over the year to $3,070 in June 2011. This came after growth of 5.1 per cent in 2010. After adjusting for inflation, the real income growth was 1 per cent in 2011, following the 2.2 per cent growth in 2010.
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May be worth having a look at this asset class now – from Howard Marks memo
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Howard Marks is a veteran investor and co-chairman of Oaktree Capital
Management. He published his memo about his observations and thoughts on
the mark...
2 hours ago
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