Wednesday, May 25, 2005

Everything goes up

All prices go up. Price of things that provides our basic needs like petrol, the bus fare, the taxi fare, the food for lunch, etc. Today I eat a bowl of mee and to my surprise, it has gone up by 50 sen. The reason because the price of noodles has gone up RM2 for 1 kilogram. So the seller has increase the price to cover the cost. My reasoning is 50 sen more for a bowl seems a bit too much to cover the cost. Why the price of noodles increase? Blame it on the increase in transport cost. Why the transport cost increase, blame it on the increase in petrol. All this increases form a chain of reaction from one thing to another. Is there anything that has not increased?

Yes, there is one thing that has not increased, that is my miserable pay. It is still the same. Yeap, everything goes up but not my salary. So my spending increases and my savings decrease.

If the price of clothing goes up, I will not buy. But food is essential to living. So when the price of noodles in all shops in my working area goes up at the same time, I have no choice because there is nothing to choose from. I cannot go to a cheaper one.

There is one thing that goes down. The shares prices of majority of the companies listed at the Kuala Lumpur Stock Exchange. It is just a tumble from the top of the hill to the bottom. Has it reach its bottom? I doubted. For the days to come, it will just be another drop. Any sign of going up. I don't think so, not in the near future. Any regret? Yes, should have load off some shares early of the year.

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