Personal Finance
How Do We Know Or Feel The Financial Impact/Burden Of Yearly Inflation After Two Decades Of Inflation??? (3)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  September 5, 2020
Read? How Do We Know Or Feel The Financial Impact/Burden Of Yearly Inflation After Two Decades Of Inflation??? (2) It is more important to track our own personal and household expenses to have on the ground true feeling of year-on-year inflationary impact as we don't spend based on nation's statistical inflation numbers. We all spend differently based on our lifestyle inflation! 19 years of data points for projecting future household expenses It is unlikely to be travelling to overseas for vacation so the next four monthly household expenses should not change much. Our practical concerns should be on health care inflation where it is difficult to find other cheaper alternatives....
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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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