Invest
Smart Thought Of The Week: Parabolic
By The Smart Investor  •  March 8, 2022
I was reminded the other day – not that I ever need reminding – about why I need to invest. The thing that caught my attention was a small sign that was taped onto a cash register at a drinks stall in Chinatown…. …. The stall holder informed customers that dessert prices would rise by S$0.20, and that canned drinks would go up by S$0.10. There was no apology. Just a statement of fact. I doubt if the drinks-stall owner is alone in feeling the pinch from higher prices. I wonder how long it will take before bakers, dim-sum restaurants, pizzerias, and mee pok sellers are forced to raise prices, too, because of rising wheat costs. And as I write, the price of nickel has risen parabolically to over US$55,000 a ton in just a matter of hours. Thank goodness I bought some spare calculator batteries when I did. Otherwise, I could be trying to relearn how to use my slide-rule again....
Read the full article
By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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Your email address will not be published.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Your Email Address will not be published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