Originally shared by The EconomistDaily chart: The Economist Intelligence Unit’s cost of living index reveals that Tokyo, Osaka and Sydney top the list of the most expensive cities in the world and New Delhi, Mumbai and Karachi are among the least expensive. View today’s chart to discover the cost of living around the world http://econ.st/XSInzh#mostexpensivecities
What a pity that Australian stock market couldn't match the big Australian cities' living cost index during last decade. If living cost index could be traded, I'll definitely LONG it.
AU Stock market has been doing well lately. I'd say I've made about 15% in the past 6-12 months (after not making much at all for several years). I should have put more $$ in earlier last year.