Read? Will You Try To Pay Off Your Housing Loan ASAP If You Have One? (11)
50 Year Housing Loans In Singapore…
Are some of our next generation born into House Slaves for the Bankers!!!
"I was debt-free before 36 and live through few recessions without big worries and not losing sleep at nights." - Createwealth8888
Actually, he has dumped most of his saving available in CPF into my home and only took a 5-years HDB loan and that really surprised few people around him at that time.
Did Uncle8888 lose out by not having more money for early investment?
What is the verdict at his age at 56?
Sometime, we should rather listen to those who have arrived as they may have done something right to reach there safely and on time.
When comes to investing during market crash, the state of Mind is the most important. Only calm mind is able to spot opportunities at the most risky moments as they know will not die even though there is likelihood of great investment failure.
Are you ready for that Moment of the Greatest chance to become rich in stocks?
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For property investors, debt is used as a leverage to make more money. Yes, it is a double edge knife. A knife is a good invention but it can cause injuries if one is careless about its use. 30 year loan is good enough as most investors I believe clear the loan in a few years when they are investing right or maybe 10 years will see the investment bear fruit already.
ReplyDeleteQuote:
ReplyDelete"Are you ready for that Moment of the Greatest chance to become rich in stocks?"
Unquote:
You will neber, eber, be ready if you are in debt. i bet you!
Quote: "You will neber, eber, be ready if you are in debt. i bet you!"
DeleteDid you mean: You will never, ever, be ready if you are in debt. i bet you! :)
Ha! Ha!
ReplyDeleteYes! i did it on purpose.