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Why debts are a necessity for you and me

Can companies grow without debts? That’s an interesting question I believe. Actually, every company would have to take on debts. You may ask what about those companies where the funds came from the parents? Haha. Debts which you do NOT need to pay back is still a form of debt. The term gearing ratio is … Read moreWhy debts are a necessity for you and me

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I worry about retirement because….

How many of us are worried about retirement? Many would be worried even if we have a good job paying a healthy salary today The reason is because by the time we retire, we would not have a full time job and thus our day to day expenses have to come from whatever we earn … Read moreI worry about retirement because….

Are you buying for VALUE or GLAMOUR?

Gen-Yers are said to be less tolerant, want to be promoted fast and most of the time, spend their money as it there’s no tomorrow. As a Gen-X, I beg to differ. Thus far I have had pleasant working relationship with many of them and some are really above average likely to be very successful in … Read moreAre you buying for VALUE or GLAMOUR?

Well meant advice or it’s just tough to get a perfect property?

I remember the first time I told my parents that I was going to buy a property. Their first question was, can you afford one? I was only a junior executive then, can’t blame them. Second question was the location that I was buying. They stay in a very good area in Ipoh. Third question … Read moreWell meant advice or it’s just tough to get a perfect property?

The LAST of the LAST, buy quickly?

My auntie showed me a SMS message by a developer. In the message, the developer said that it was time to buy because the development is the final piece in that particular area. Actually I do not even agree that it is the last piece within that area. I told my aunty, the developer is … Read moreThe LAST of the LAST, buy quickly?

I could not afford a house, yet.

In an article by quite a famous online news site, it gave many reasons why many middle and low income earners could not afford a property. One major reason was because of the fast price increases in Malaysia for the past few years. In fact, many are postponing their house buying plans and save money … Read moreI could not afford a house, yet.

RM800 per month, enough to live on?

The answer is a pretty certain, NO. Not even a single person whom you ask today would say yes but if you do not have much expenses and house is fully paid for plus you do not fall sick all the time, RM800 can still allow you to live a very frugal life in a … Read moreRM800 per month, enough to live on?

Selling property with ambassadors, does it work?

Maybe six months ago, I got to know of a local developer with a project in a secondary town in Malaysia using ambassadors to sell its high-rise properties. The result was not good because even when my friend told me about the ambassador, I had to ask, ‘who is she?’ Can ambassador really sell a … Read moreSelling property with ambassadors, does it work?

Buy property now or buy later, which is riskier?

This article was first published in Property Insight magazine February 2015 issue.  When I bought my first property 12 years ago, it was the toughest, both financially and mentally. Financially because both my wife and I have only worked for 5 years and our savings are not high plus both of us have never read … Read moreBuy property now or buy later, which is riskier?

Honestly, is ONE property enough today?

The first time I told my parents that I was buying my second property, their first remark was, ‘is there any problem with your current home?’ That was many years ago. Their understanding of a property is that of a home sweet home. Simple right. You save, you buy, you stay and if can, let … Read moreHonestly, is ONE property enough today?

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