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 Singapore REITS, S-REITS

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topearn
post Oct 10 2013, 08:46 AM

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QUOTE(gark @ Sep 24 2013, 08:53 PM)
Today 1 RM - 3600 already...
You manyak $$$ go holiday lar... tongue.gif
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IDR drop, but probably everything is now much higher price. Could be a bowl of mee cost IDR36,000. Have U heard the story of a European country around WW2 when a man wanted to buy bread and put his money in a wheelbarrow cost inflation is so high that he needs a wheelbarrow filled with money to buy just plain bread. But B4 he can buy bread, he has to go inside the shop to enquire whether the price of bread has not risen yet (so he has enuf money in his wheelbarrow to buy it) and when he comes out, the wheelbarrow is gone - stolen, but all his money still on the floor cos the wheelbarrow is woth a lot more than the money.
topearn
post Oct 10 2013, 09:52 AM

Look at all my stars!!
*******
Senior Member
3,459 posts

Joined: Jan 2009
QUOTE(gark @ Oct 10 2013, 09:42 AM)
Ok lah manageable.. so far inflation is about 8-9% p.a. not the hyperinflation you mentioned.

P/S can get nice bowl of mee for Rp20,000 and below lar..  tongue.gif

FD rate is also around 9%.. so ok lar match inflation.  tongue.gif
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RP20,000 is about RM5.60 - ok, around same price as K here. In Macau, I heard, need to spend about 3X to get a bowl of mee - RM15 or so. Food is damn expensive over there.


 

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