Zeng Jun
Zeng Jun
debt
As long as you have a debt from the bank, you are working for them, not for yourself.
business economic good might opportunity spot
An economic slowdown might be a good opportunity to spot some good business take overs...
cheaper credit equity fund good investment property types using
It may be a good idea to get some equity out from your property for some renovation or to fund that investment idea. Using equity from your property is much cheaper than other types of credit facilities...
best debt economic good high home interest loan low sensible
It would be in your best interest to refinance your home loan right now, making good use of the low interest rates. You would not want to be making high installment payments during an economic slowdown. It is just not sensible to do so.
leaving money none poor rich worries
The rich actually worries about leaving too much money to their children. The poor worries about leaving none for their children.
correction goes housing might peak price prices reaching singapore
There may be a correction in Singapore housing prices. The housing price index is reaching the peak and prices might stabilizes for a while before it goes down again.
bank lends money
A bank only lends you money when you do not need it.
area growth hottest investing singapore
Foreclosure investing is going to be one of the hottest growth area in Singapore in times to come.
economic extra finance happen home possible pull shave soon together wait
Think positively! Pull your finance together as soon as possible during the economic slowdown. Don't wait for things to happen to you. Shave off some extra expenses, refinance that home loan, restructure some of your debts...
compared consumers drop educated interest last low plus prices property rates
Property prices may drop, but I do not think it will drop that fast. The consumers are more financially educated as compared to the last crisis, plus the interest rates are very low now...
acquiring best investing method property
Property investing is one of the best method for acquiring wealth.
banks home loan mean protect ten
Ten out of ten banks will underwrite their home loan in the same way, to protect themselves, but does that mean as a consumer, you can do nothing about it?
bank chance financial interest lean money pay percent reinvest returning save zero
The money you pay to the bank as interest has zero percent chance of it returning back to you. Save on that and reinvest that on any other things. Now that is lean financial management.
business compared crucial depressed economic extremely feeling fingers move period pointing pull somebody stand together
I feel it is an extremely crucial period for Singaporeans to stand together during this economic slowdown so we can pull through it together. This is a better move compared to pointing fingers at somebody or even feeling depressed about it.