Tuesday, September 30, 2008

Electricty Tariffs - Biggest hike in 8 years


My email update to clients:

Dear Clients,

I believe most of you have read the article on TODAY (Sept 30), the article reported another increase in electricty tariffs.

Our convenient MRT and buses fees have increased recently too.

Year after year, this (hikes) will increase, what we are not sure of is the percentage% that it will increase.

The world population growth coupled with the dimishing resources will steadily bring about higher costs to everyone.

What this means is that the hikes are also compounding their interest. Ensure that your money is growing at a compound rate too

Protect your wealth, don't let it diminish in value, then grow it