As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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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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Value Investing
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Wednesday, 29 January 2014

Income growth strengthened


Income growth strengthened
       

Income growth strengthened in 2013, amid the tight labour market. The nominal median monthly income from work of full-time employed citizens (including employer CPF contributions) increased over the year by 7.1% to $3,480 in June 2013, up from gains of 5.8% in the preceding year.

As inflation eased1, the growth in real median income, deflated by Consumer Price Index (CPI) for all items, accelerated from 1.2% in 2012 to 4.6% in 2013.


 

Read? Employment Situation, 2013



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