Market Review and Trends
cashing in on the lunar new year?
By Patrick Lim  •  January 26, 2012
during the first 2 days of the lunar new year, many consumers (including myself and my family) would have discovered that stalls levied a 'premium' for food and drinks purchased during this festive period. just to cite an example, hot drinks like coffee and tea has been hiked to $0.90 to $1.20 instead of the usual $0.70 to $0.90. and simple meals like a bowl of noodles cost $3.50, or $0.50 more than the usual $3.00 during the non-festive period. however, in an article by the free local tabloid, today, it was reported that even though the lunar new year (public holidays) are over, prices have remained high when prices are expected to return to normal when stalls resume business after the holidays. one example is ltn food village at east coast road where 3 of the 10 stalls put up signs to ......
Read the full article
By Patrick Lim
Patrick is an Associate Director with Promiseland. He has more than 20 years of personal investment experience both in stock and shares and unit trusts. In his early years as an investor, he got burnt really bad in the infamous 1987 crash and again during the clob incident. With 2 decades of so-called battle scars behind him, the last few years (since 2003) have been good to him especially with his single country funds doing exceptionally well. On his investing style, he is both a technical analyst and fundamentalist. Patrick view wealth accumulation as part and parcel of the wealth management process but only if one has already executed his/her wealth protection planning on an on-going basis.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance