Showster Ā Ā 27,633 Twincharged November 13, 2020 2 hours ago, Throttle2 said: šš add on to the list NotĀ buying more propertiesĀ is not a crime Not being in debt is not a crime Not born into poverty is not a crime Not havingĀ low income is not a crime Ā Ā True. Then we decide for ourselves. Not being born into poverty is not a crime, but do be appreciative of where the majority of theĀ income came from. 鄮갓ęęŗć ā” Advertisement Share this post Link to post Share on other sites
Ginyu Ā Ā 146 2nd Gear November 13, 2020 (edited) Heard rumours whereĀ you are now also depends what has been done in the past life. Some work hard all their life but still canāt achieve it.Ā Some donāt even have toĀ work for it but still haveĀ access to so much liquidity. This is what someĀ may call it, your destiny or ba ziš¤£ Edited November 13, 2020 by Ginyu Share this post Link to post Share on other sites
Showster Ā Ā 27,633 Twincharged November 15, 2020 It will transit to greater and greater liquidity as one pays it down. Too much immediate liquidity in hand means that it can be blown easily on something not quite required. The other "loss" is one can get complacent seeing so much liquidity. Affects national and personal productivity. Share this post Link to post Share on other sites
Wt_know Ā Ā 53,427 Supersonic November 15, 2020 (edited) 30 minutes ago, Showster said: It will transit to greļ»æater and greater liquidity as one pays it down. Too much immediate liquidity in hand means that it can be blown easily on something not quite requireļ»æd. The other "loss" is one can get complacent seeing so much liquidity. Affects national and personal ļ»æproductivity. if 5M people pump all their savings $$$ into property ... singapore national and personal productivity surely screw up ...Ā property is nothing more than block of bricksĀ to stayĀ and speculate (more so) ... there is no productivity whatsoever, no? because property price is sky high ... working sinkie also asking high salary .. then sinkie is labelled asking too much ... become not competitive ... Ā Edited November 15, 2020 by Wt_know Share this post Link to post Share on other sites
Throttle2 Ā Ā 31,865 Supersonic November 15, 2020 (edited) 2 hours ago, Wt_know said: if 5M people pump all their savings $$$ into property ... singapore national and personal productivity surely screw up ...Ā property is nothing more than block of bricksĀ to stayĀ and speculate (more so) ... there is no productivity whatsoever, no? because property price is sky high ... working sinkie also asking high salary .. then sinkie is labelled asking too much ... become not competitive ... Ā A nation of landlords we will become. Yes i personally know quite a few ah sia kias.Ā Poor in studies, play afool whole day, but inherited some fully paid properties so they just live life easy. Ā Drive super cars Play women, drink a lot. šš¤£ well i guess at least they throw money back into the economy, muayhahaha property property song ah. Ā huat ah ask all the young people and they think owning a property and collecting rent shake leg is the singapore dream. Ā š Ā Edited November 15, 2020 by Throttle2 Share this post Link to post Share on other sites
Yeshe Ā Ā 10,666 Turbocharged November 15, 2020 On 11/11/2020 at 8:56 PM, Wt_know said: sounds good to be true? yes, it is true ... little money down = 90% loan, no money down = 120% loan ... huat ah! a $488K unit can rent out for $3,450 per month meh? = 8.48% gross yield? where toĀ purchase a $488K unit in 2017, good location and good size to rent out at $3,450, is this even possible? Ā Ā They super weak, limpeh buy a $300k unit can rent out $10k a month, limpeh more guru?? Share this post Link to post Share on other sites
Starry Ā Ā 484 3rd Gear November 15, 2020 On 11/13/2020 at 10:42 PM, Ginyu said: Heard rumours whereĀ you are now also depends what has been done in the past life. Some work hard all their life but still canāt achieve it.Ā Some donāt even have toĀ work for it but still haveĀ access to so much liquidity. This is what someĀ may call it, your destiny or ba ziš¤£ Not rumours la bro....it is a fact of life. Everyone has a different destiny, purpose and talent so that they can overall contribute goodness to the world mah.... And I believe in karma. If you are having a good life now, be humble, be respectful, do charity, be kindĀ andĀ do not belittle or laugh at others.Ā The power of karmaĀ is unfathomable.. Poor people can become rich overnight and theĀ Ā rich can alsoĀ become broke overnight.Ā Ā Ā 3 Share this post Link to post Share on other sites
Wt_know Ā Ā 53,427 Supersonic November 15, 2020 (edited) turbo kick in yo ...Ā at age 30 ... if no $20k per month and 2 properties on hand ... you are doomed! https://fb.watch/1Mtydt0xtG/ Edited November 15, 2020 by Wt_know Share this post Link to post Share on other sites
Throttle2 Ā Ā 31,865 Supersonic November 15, 2020 (edited) 4 hours ago, Wt_know said: turbo kick in yo ...Ā at age 30 ... if no $20k per month and 2 properties on hand ... you are doomed! https://fb.watch/1Mtydt0xtG/ Wah this fella got do research leh, all the pricing he say very zhun hor? Ā Muayhahaha But to be serious, at 30 dont need $20kpm and 2 properties lah. just $15kpm and one fully paid hdb is very very good already dont be so greedy lah Edited November 15, 2020 by Throttle2 2 Share this post Link to post Share on other sites
Ginyu Ā Ā 146 2nd Gear November 15, 2020 (edited) 5 hours ago, Starry said: Not rumours la bro....it is a fact of life. Everyone has a different destiny, purpose and talent so that they can overall contribute goodness to the world mah.... And I believe in karma. If you are having a good life now, be humble, be respectful, do charity, be kindĀ andĀ do not belittle or laugh at others.Ā The power of karmaĀ is unfathomable.. Poor people can become rich overnight and theĀ Ā rich can alsoĀ become broke overnight.Ā Ā Ā Karma alsoĀ strike on those who sacrificeĀ othersĀ directly or indirectlyĀ to save their own ass or to their advantageĀ Edited November 15, 2020 by Ginyu Share this post Link to post Share on other sites
Throttle2 Ā Ā 31,865 Supersonic November 15, 2020 (edited) 1 hour ago, Ginyu said: Karma alsoĀ strike on those who sacrificeĀ othersĀ directly or indirectlyĀ to save their own ass or to their advantageĀ For sure. But most importantly, goonsĀ will be goons, karma or no karma... so its better to let them be Ā Edited November 15, 2020 by Throttle2 Share this post Link to post Share on other sites
Rskc Ā Ā 710 4th Gear November 15, 2020 2 hours ago, Throttle2 said: But to be serious, at 30 dont need $20kpm and 2 properties lah. just $15kpm and one fully paid hdb is very very good already dont be so greedy lah 30 with fully paid up hdb? By the current marrying age trend, apart from few gan chong spiders, most are still happily boozing, partying and spending to impress their dates. The new gen wants to be youtubers and influencers. š 1 1 Share this post Link to post Share on other sites
Wt_know Ā Ā 53,427 Supersonic November 15, 2020 (edited) 17 minutes ago, Rskc said: 30 with fully paid up hdb? By the current marrying age trend, apart from few gan chong spiders, most are still happily boozing, partying and spending to impress their dates. The new gen wants to be youtubers and influencers. š youtubers and influencers make millions leh look at NOC ryan&slyviaĀ $2M penthouse, jianhao bungalowĀ and naomi lambo ... huat ah! Edited November 15, 2020 by Wt_know 1 Share this post Link to post Share on other sites
Rskc Ā Ā 710 4th Gear November 15, 2020 10 minutes ago, Wt_know said: youtubers and influencers make millions leh look at NOC ryan&slyviaĀ $2M penthouse, jianhao bungalowĀ and naomi lambo ... huat ah! Ya man, hats off to them! šĀ But how many failed onesĀ behind these successful ones...š Share this post Link to post Share on other sites
Jellandross Ā Ā 25,127 Twincharged November 15, 2020 I don't want to hear anymore kpkb about cannot afford $1M before 30yr old ok. Bucket List Checked: Owning A Quaint Walk-Up Apartment by 30 https://www.propertyguru.com.sg/property-guides/pgf-walk-up-apartment-before-30-bucket-list-36683 Ā Share this post Link to post Share on other sites
Showster Ā Ā 27,633 Twincharged November 15, 2020 9 hours ago, Throttle2 said: A nation of landlords we will become. Yes i personally know quite a few ah sia kias.Ā Poor in studies, play afool whole day, but inherited some fully paid properties so they just live life easy. Ā Drive super cars Play women, drink a lot. šš¤£ well i guess at least they throw money back into the economy, muayhahaha property property song ah. Ā huat ah ask all the young people and they think owning a property and collecting rent shake leg is the singapore dream. Ā š Ā Not very accurate in the last 10 years. The ah sia kias I know only keep selling the properties their parents accumulated. Its real work managing property for long, not suitable for them and the very young in general. Only those who are willing to think very hard and work very hard to understand the tenants they are managing will thrive in the long run, I have realised. Ā Share this post Link to post Share on other sites
awhtc Ā Ā 1,822 5th Gear November 15, 2020 1 hour ago, Jellandross said: I don't want to hear anymore kpkb about cannot afford $1M before 30yr old ok. Bucket List Checked: Owning A Quaint Walk-Up Apartment by 30 https://www.propertyguru.com.sg/property-guides/pgf-walk-up-apartment-before-30-bucket-list-36683 Ā Ā This is the key: "While she had support from her mother for the cashĀ down paymentĀ of her home purchase, she needed to make sure she was able to afford the monthly repayments in the long run."Ā Majority of the readers here will be able to purchase their 1st private property before 30 years old if they have their 1st pot of gold given to them by their parents/grandparents. 1 1 Share this post Link to post Share on other sites
Spidey10 Ā Ā 1,357 5th Gear November 16, 2020 19 hours ago, Starry said: Not rumours la bro....it is a fact of life. Everyone has a different destiny, purpose and talent so that they can overall contribute goodness to the world mah.... And I believe in karma. If you are having a good life now, be humble, be respectful, do charity, be kindĀ andĀ do not belittle or laugh at others.Ā The power of karmaĀ is unfathomable.. Poor people can become rich overnight and theĀ Ā rich can alsoĀ become broke overnight.Ā Ā Ā my poor dad say one.....be humble, whatever you do, karma comes back to you......one way or the other! is the way of life,Ā lifecycle and you cannot do anything about it. Today someone is poor, but no one knows what tomorrow will bring! ā” Advertisement Share this post Link to post Share on other sites
