Personal Finance
How I Reduce The Impact From Inflation As Retiree With Plenty Of Spare Time And On B.M.W (Monthly Concessionary Pass)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  June 12, 2022
mysecretinvestment11 June 2022 at 18:33:00 GMT+8 Nice one Spur! "There is inflation in COEs, hawker centres and electricity bills Deflation in stock markets Confusion in investors" What is a person to do? Those who are working still can hope for salary adjustment but, but retirees? Read? Inflation Rate At Kopitiam Is More Scary Than Headline Inflationary Rate Hmm .. not all stalls at Kopitiam and Hawker centres raise their food price at the same inflation rate! Uncle8888 as retiree with plenty spare time and on B.M.W monthly concessionary pass; he hunts around his area to check on food inflation rate and found out that inflation rate is not uniform across the board. Mee siam : 1 bus stop West from his block and 7 mins walk from main street to less convenient? coffeshop. Price is $3.20 (Reduce inflation by $0.30)...
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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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