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Mee Siam 17% Inflationary Rate Over Mee Rubus
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  June 21, 2021
Hmm .. coffeeshop mee siam stall up its price from $3 to $3.50 and that is 17% increase while mee rubus stall still remains at $3. Let see for how long mee rubus stall will maintain at $3. Don't monkey sees. Monkey does! Mee siam and mee rubus. What are the major difference in raw costs? Mee rubus - yellow noodle cost more than white bee hoon? Hard-boiled egg and tau pok. Same! Mee siam sauce costs more than mee rubus? Okay! Onwards more mee rubus to fight inflation. LOL! Inflation rate at hawker stalls, food courts and coffeeshops more scary than official inflation rate!...
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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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