VituVingiSana wrote:the deal wrote:VituVingiSana wrote:the deal wrote:You think at Stockmaster made money in the 1Q...think again...@stockmaster 3% return adjusted to inflation of 12% is what?
Was inflation 12% for 4 months OR was it 12% for 1Q or was it annualized?
Since you are better informed than I why dont u give us inflation figures for 1Q 2011..lets see if they will be 3%?
I wouldn't be asking the question if I knew... I am using the number you quoted. Don't get prickly... I am trying to figure it out as well... ;-)
Inflation rate is yoy thus annualized:
1. Jan. - 5.42%
2. Feb. - 6.53%
3. March - 9.19%
The bureau of statistics broadened its base scope which now looks at food prices as we as transportation.
Basically using simple maths the inflation rate for the first qtr using Dec-2010 as a base can't be over 5% nor lower than 3%. Getting a precise rate as of now is hard coz i don't know the base year they are using as of now due to the changes made.
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary