Market Review and Trends
Hey, investors in Singapore. Inflation has shrunk your money!
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  March 6, 2011
The inflation rate in Singapore was last reported at 5.5 percent in January of 2011. From 1962 until 2010, the average inflation rate in Singapore was 2.73 percent reaching an historical high of 34.00 percent in March of 1974 and a record low of -3.10 percent in September of 1976. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy.
If the inflation rate in Singapore continues to remain high e.g. 5.5%, for the rest of 2011, it is going to be a huge investing challenge for me to beat it as not all my money are into inflation-fighting capable type of returns.
Assuming inflation rate in 2011 is 5.5%
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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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