Price of food grains are going up > 8% year. The latest data show cereal prices rising by more than 8% a year. Both flour and rice are up more than 13%. Milk, cheese, bananas and even peanut butter: They're all up by more than 10%. Eggs have rocketed up 30% in a year.
And if you are hoping they will pass, here's the bad news: They may actually accelerate. The reason? The prices of many underlying raw materials have risen much more quickly still. Wheat prices, for example, have roughly tripled in the past three years.
You can't easily stock up on perishables like eggs or milk. But other products will keep. Among them: Dried pasta, rice, cereals, and cans of everything from tuna fish to fruit and vegetables. The kicker: You should also save money by buying them in bulk.
Stocking up on food may not replace your long-term investments, but it may make a sensible home for some of your shorter-term cash. Do the math. If you keep your standby cash in a money-market fund you'll be lucky to get a 2.5% interest rate. Even the best one-year certificate of deposit you can find is only going to pay you about 4%. And those yields are before tax.
Stuff Your Pantry to the Gills -- Your Wallet Will Thank You
Friday, April 25, 2008
Saturday, April 12, 2008
Cool features on iGoogle
iGoogle allows you to personalize your google home page. I found some of its feature very cool:
1) Very lightweight portals and lots of sources including stocks, weather, joke, gadgets, news etc.
2) Click on "Add A Tab" and just type a keyword. It will generate whole page with many portlets. For example click on "Add a Tab" and type "India" it will generate web page for you with many India based content.
3) Theme - select a theme for your page, it changes the color scheme of the page depending upon your theme.
1) Very lightweight portals and lots of sources including stocks, weather, joke, gadgets, news etc.
2) Click on "Add A Tab" and just type a keyword. It will generate whole page with many portlets. For example click on "Add a Tab" and type "India" it will generate web page for you with many India based content.
3) Theme - select a theme for your page, it changes the color scheme of the page depending upon your theme.
Monday, April 07, 2008
Subscribe to:
Posts (Atom)