tag:blogger.com,1999:blog-1602023866179666640.post1522066310020350906..comments2024-03-29T16:13:18.422+08:00Comments on Create Wealth Through Long-Term Investing and Short-Term Trading: Warren Buffet Has Huge War ChestCreatewealth8888http://www.blogger.com/profile/08563834016250153049noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1602023866179666640.post-5243934902426637632018-12-18T16:44:43.314+08:002018-12-18T16:44:43.314+08:00Hi Temperament,
Short answer is $305,400/-
Long ...Hi Temperament,<br /><br />Short answer is $305,400/-<br /><br />Long answer:<br />From Singstat, 1987 CPI is 58.69 while 2017 CPI is 99.5, giving an inflation CAGR of 1.72% per annum over 31 years. (Must be the cheap stuff from China & globalization)<br /><br />2018 full CPI not known yet, but from the figures as of Oct 2018, so far is much lower than the average. CPI went from 99.5 to 99.9 ..... 0.4% increase.<br /><br /><a href="https://drive.google.com/file/d/1f2gXRQqAZXOHxtqdJ03g4FkR1tTp429A/view?usp=sharing" rel="nofollow">S'pore CPI 1987-2017</a><br /><br />Notice the steep rise from 2008-2013 ... people were not happy with govt then! :)<br /><br />If you can super-impose the median wage increase onto the CPI graph, you can easily predict the incumbent's performance during elections Hohoho!Spurhttps://www.blogger.com/profile/11824813457786462446noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-90023073668677254252018-12-13T19:17:38.630+08:002018-12-13T19:17:38.630+08:00$1.5M is in today dollar value$1.5M is in today dollar valueCreatewealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.com