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Welcome to Ministry of Wealth and Gifts for your loved ones!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Wednesday, 16 February 2011

Will You Try To Pay Off Your Housing Loan ASAP If You Have One? (9)

Read? Will You Try To Pay Off Your Housing Loan ASAP If You Have One? (8)

Besides one does get a feeling of freedom when one is debt free; it may actually make it easier for the wife to make a decision to quit working and becomes a stay-at-home mum to look after kids.

1 comments:

  1. Hi CW,
    But if you have cash but do not redeem your housing loan, that cash can be put to better investment yield. Also, the mortgage insurance helps to cover for any mishap. Just looking from a different perspective, especially now that interest rates are really low.

    ReplyDelete

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