Me Time!
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MyPillow\" post_id=\"2083220\" time=\"1663921616\" user_id=\"70594:
No cpf for this one. Interest is going up. Earning interest should be nice feeling I think right. If 'brave' can sell then rent a place..keep changing not bad also as kids don't know where they going also..if very near mrt I don't even need a car..can save money. I don't need to worry kiddo after school going home. But if sway prop prices keep going up then ended up cannot afford to buy next time.. I read seems int rate will peak sometime like 1st qtr next yr start going down is 2024 but very slowly.
u had answered your own question.
, also must pay back to own CPF acct for the interest accrued
on the principal amt that was taken to pay the housing loan ... in the end there is also possibility hard cash back may not
be alot alot..
u mean after sell one property , u going to get another 2nd ppty ? then cash back to the stamp duty leh -
Funz\" post_id=\"2083214\" time=\"1663919659\" user_id=\"6230:
ya ya...the atmosphere there very tension leh!
Came here to unravel what I have just read in the IP, IB, A levels thread. Impressed and intimidated by the discussions there. Haha.
My place here not sunny. Humid though.
Killed a couple of my Zebra succulents. Read that when watering them, the right way should be to dunk the whole pot into a pail of water then let the water drain out, repeat only when soil is dry. I did that once and they ended up with root rot. They were growing so well before this.
Should have stuck with my occasional spritzing of water when the soil dries out. Note to self, don't fix what is not broken or don't challenge a tried and tested method. :razz: -
Funz\" post_id=\"2083214\" time=\"1663919659\" user_id=\"6230:
I stay away fr contentious opinion topics. Just stick to factual discussion best. I try not to be overly anxious abt life too & my kids don’t want to chase papers & don’t need me as info readily out there. They’re so resourceful where they want to head & what resources they can tap on whether study locally or overseas & the types of scholarships available.
Came here to unravel what I have just read in the IP, IB, A levels thread. Impressed and intimidated by the discussions there. Haha.
Anyway, I’ve full respect for educators who are subj matter experts, which I am not, but I just don’t need to straddle myself nick-picking on entry grades. OK lah, he hv the years of research to bavk what he shares.
Education for me is abt the one taking the journey & as long as they’ve found a happy route, they’ll learn & thrive. If a top sch curriculum does not suit my child but offers an overly competitive & stressful environment, I do not wish for my child to sink in that big ocean. -
MrsKiasu\" post_id=\"2083213\" time=\"1663919376\" user_id=\"43981:
Rentals hv gone up sky high & hit the roof now. If u hv 2 properties, good to collect rent now. If only 1 property, after selling high, will hv to buy high too but if rent, money flow out of yr pocket & u hv to contend with hopefully good landlord that will not take adv of tenants hv to pay expenses too (stamp duty, movers, etc). If good landlord can renew but if lousy LL, end up moving like nomads lor. Own home still beat lah.
Is holding property the best at this time?
This morning I was thinking probably sell our place can put cash in bank earn interest, then rent a place with walking distance/very near mrt to school..look at the 17% stamp duty for 2nd prop plus the work involved in finding a suitable/good value place to rent deflated my plan. -
If property loan interest rates are rising too much, consider paying down your loans if you have excess cash instead of investing that cash in FDs or bonds that give returns lower than loan interest rates.
From my limited view, if you have a property already, hold on to it. I think it will just get more and more difficult to own any properties with the way prices are moving. -
MrsKiasu\" post_id=\"2083224\" time=\"1663922701\" user_id=\"43981:
Calculate the maths ba…the cash u get from the sale, sufficient to rent near mrt for how many years? Until they finish schooling? If got balance to pay for intl school fees even better lol.
No cpf for this one. Interest is going up. Earning interest should be nice feeling I think right. If 'brave' can sell then rent a place..keep changing not bad also as kids don't know where they going also..if very near mrt I don't even need a car..can save money. I don't need to worry kiddo after school going home. But if sway prop prices keep going up then ended up cannot afford to buy next time.. I read seems int rate will peak sometime like 1st qtr next yr start going down is 2024 but very slowly. -
Actually we cannot 小看interest…the interest earned if sell off plus interest to be paid if no sell off can rent a place already.
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We are very lucky to be in a low interest environment for so long.
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MrsKiasu\" post_id=\"2083244\" time=\"1663928390\" user_id=\"43981:
It depends, we have paid up our HDB instalment since Year 2011 and we don't have car...no car loan and we hope higher interest earned for our savings.
We are very lucky to be in a low interest environment for so long. -
Liew Nga Wing\" post_id=\"2083246\" time=\"1663930800\" user_id=\"195250:[quote=\"Liew Nga Wing\" post_id=2083246 time=1663930800 user_id=195250]
Debt-free = fewer worries
It depends, we have paid up our HDB instalment since Year 2011 and we don't have car...no car loan and we hope higher interest earned for our savings.[/quote]
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