Invest
do we have choices?
By Patrick Lim  •  February 4, 2011
i do not know whether other consumers have had our experience when eating out during the current holiday season but this is our experience today. while in-between the traditional visitation to our relatives' homes, we stopped by to have our lunch at the neighbourhood coffee shop. perhaps or perhaps not surprisingly, we had to pay a 'surcharge' levied on our drinks and fish ball noodles (not many stalls were opened for business). what was the surchage? for our drinks: a. kopi-o kosong for myself: $1.00 with a surchage of $0.30 b. kopi-o for my wife: $1.10 with a similar surchage of $0.30 c. coke for our son: $1.60 with a surchage of $0.30 so, on a 'normal' day, we would have paid just $2.70 but because it was during the lunar new year holidays, we coughed out $3.70. for our 3 bowls ......
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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.
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