Quote:
Originally Posted by retirebatam
Inflation Rate
If we refer to the past twenty years inflation rate history in singapore, most of the years have inflation rate of less than 3%, only with the exception of year 2008, 2011, 2012 and this year 2022 which exceeded 3%.
However, some of the years do also have deflation like in year 2015, 2016 and 2020. (things become cheaper to buy)
In spore, most years are having less than 3% inflation, some years more than 3% and some years have negative inflation (deflation), so the average inflation will be about 3% plus minus. 
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Haha inflation rate 3%...you still trust the gahmen who massage the data to show 3% inflation...
Example - Eggs in Fairprice used to be selling $5.15 for 30 eggs in 2020...now Fairprice selling $6.85 for 30 eggs which is 33% increase.
Chicken (L) back in 2020 Fairprice selling $7 and now selling $12.30...which is 75% increase.
Rice Jasmine 5kg - back 2020 selling $5.50 and now selling $7.30 which is 32%.
Kopi O - used to sell 80cts - $1 and now selling $1 - $1.20 which is 25%
Many examples fuel cost, electricity, water, gas...all were basic necessities for household and had increased by 30% to 70%...
If you still trust the 3% inflation rate then be it...
I agreed that any ROI higher than 10% is principal not guaranteed...but have to wait for opportunities...otherwise just leave the money in cpf which is real compound interest....