tag:blogger.com,1999:blog-3276688108456391559.post4191951838469279600..comments2024-02-27T13:41:46.698+08:00Comments on SG Young Investment: The history of 9.5% Post Office Savings Bank (POSB) interest rates and the effects of inflationSGYIhttp://www.blogger.com/profile/09445517891969740960noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-3276688108456391559.post-56827759884741690232013-11-24T23:21:45.701+08:002013-11-24T23:21:45.701+08:00I was looking for something like this.. good oneI was looking for something like this.. good one0% APRhttp://www.zeroaprcreditcards.net/about.htmlnoreply@blogger.comtag:blogger.com,1999:blog-3276688108456391559.post-62270069268588775142013-08-06T21:01:23.308+08:002013-08-06T21:01:23.308+08:00Hi Greatsage,
You're right. We should never p...Hi Greatsage,<br /><br />You're right. We should never put all our eggs('money') in one basket. SGYIhttps://www.blogger.com/profile/09445517891969740960noreply@blogger.comtag:blogger.com,1999:blog-3276688108456391559.post-89137300181989358522013-08-03T22:56:01.097+08:002013-08-03T22:56:01.097+08:00Always good to diversify.
Regards,
SG Web Reviews...Always good to diversify.<br /><br />Regards,<br />SG Web Reviews<br />(www.sgwebreviews.blogspot.com)Anonymoushttps://www.blogger.com/profile/08620224118938839739noreply@blogger.comtag:blogger.com,1999:blog-3276688108456391559.post-54654915226087976192013-08-01T14:07:09.555+08:002013-08-01T14:07:09.555+08:00Do not put all your $$ into gold bullions. Need to...Do not put all your $$ into gold bullions. Need to know who are the special human beings who control the banks (including IMF, WB, IBS) in the world. They will not tolerate the rise of gold to become a base for defining currencies, as it did before 1971. Whichever nations that dare to defy this New World Order is deemed to be declaring war against the status quo and it will be ravaged by war for some reasons. Gold was taken off currencies standards and replaced by debt so that papers can be printed non stop to keep the world spinning.<br /><br />Use only small amount of your savings, like 20% max, to buy bullions or gold coins, for just in case WW3 happens.......... Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3276688108456391559.post-47306217370874191952013-07-31T08:15:49.035+08:002013-07-31T08:15:49.035+08:00Hi Greatsage,
Thanks for your advice. If inflatio...Hi Greatsage,<br /><br />Thanks for your advice. If inflation rises, people who do not invest will be worse off. US dollar has been declining since they started the QE a few years back. SGD on the other hand is still strong as our MAS has been gradually appreciating the S$ due to high inflation we currently have. Gold is more of a hedge against inflation than an investment. You're right to say to buy gold to preserve wealth. SGYIhttps://www.blogger.com/profile/09445517891969740960noreply@blogger.comtag:blogger.com,1999:blog-3276688108456391559.post-87956927325420966792013-07-30T23:23:54.314+08:002013-07-30T23:23:54.314+08:00When governments all over the world adopted the fi...When governments all over the world adopted the fiat money system in 1971, it effectively removed all restriction on how much money every money can print. Now with USA and Japan going all out to print money 24/7, inflation will surely rise throughout the world. This will eventually leads to runway inflation worldwide.<br />Best thing is to buy gold bullion to preserve your wealth.<br /><br />Check out my blog, SG Web Reviews for gold investments!Anonymoushttps://www.blogger.com/profile/08620224118938839739noreply@blogger.comtag:blogger.com,1999:blog-3276688108456391559.post-81960727487389297772013-07-30T11:33:49.895+08:002013-07-30T11:33:49.895+08:00Hi AK71,
You're right. Spent a few hours writ...Hi AK71,<br /><br />You're right. Spent a few hours writing it without me realising. It was fun to write this post. I wanted to find more pictures evidence on price increase of more products but I realise its hard to find. <br /><br />Indeed the portion of fishball noodles is smaller now. Always not enough for me :(<br />Must order big bowl at $4!!<br /><br />Wanted to show others about the effects of inflation and the need to invest in a fun and simple way. Took me a few days to conceptualise this idea. Glad that you appreciate it. :)SGYIhttps://www.blogger.com/profile/09445517891969740960noreply@blogger.comtag:blogger.com,1999:blog-3276688108456391559.post-55818479512115994262013-07-30T11:14:53.515+08:002013-07-30T11:14:53.515+08:00Hi SG Young Investment,
I get the feeling that yo...Hi SG Young Investment,<br /><br />I get the feeling that you must have spent hours writing this. Appreciate it. :)<br /><br />You forgot to mention that a bowl of fishball noodles cost more now AND the portion is smaller too. :(<br /><br />Thanks for the blog post. It brought back some memories. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.com