FurionLfg October 6, 2017 Share October 6, 2017 gg ↡ Advertisement 3 Link to post Share on other sites More sharing options...
Sdf4786k Twincharged October 12, 2017 Share October 12, 2017 Many do not understanding this.. I do. No Loan liability is the best feeling. If you have a million cash and at the same time have a 800k housing loan and 100k car loan.. too invest with the 1m cash to make sure the return exceeds the loan interest and make some additional return will be too stressful. Might as well pay off the liability in all and have a 100k spare cash and start savings. If one has 2m cash and a 800k home Loan and a 100k car Lian then that's a different story as he can investment $1m cash with lesser pressure and keep another 1m as buffer for re entry into market as liquidity, or simply pay off liability when all fails. I think many falls into the category of the sample A of nett asset = (cash+investment+property)-loans (property+car) If the Loan amount is still significant, maybe should consider reducing it before taking more loans, especially car Loan where there are zero investment return value and has high interest cost. Lose job in market then jialat jialat I recall the euphoria during the price appreciation of HDB. Book a condo. Sell HDB, use the gain the Valuation cash to buy car, renovate condo. Song song kao jurong. The so call "free" money even created the cash out and stay at Changi beach syndrome. Sadly, it came to a terrible end because prices never became sane. Link to post Share on other sites More sharing options...
Martinmach Clutched November 9, 2017 Share November 9, 2017 Now even property price seems to be going up.. young people will get into longer loan period... Link to post Share on other sites More sharing options...
kdash Supersonic November 11, 2017 Share November 11, 2017 That's the only car model that has the same car model after decades.. unlike other cars having so many different numbers until so difficult to recognise what model are the cars. Most boys will know a 911 porky and they grow up it's still a 911 porky but just wondering which year.. but will know it's 911.. so classic Same like owning a classic or new mini.. still a Mini all the best bro! I'm looking to buy a Honda Civic (registered in 2007) with 5 yr coe renewed becoz my current car is close to 10 years and looking to change it. Will the euro 6 emission rules affect the car I'm buying ?? Do I lost any rebate or have to pay any surcharge?? I tried to google all this info but cannot find it. Thanks in advanceno effect. as another MCFer mentioned, you should look to renew your current car as it has been with you for so many years and you know it inside out. less risk as compared to another car of the same age. ↡ Advertisement Link to post Share on other sites More sharing options...
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