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Property investment not suitable for retirees. True?

Just read an interesting view about property investment for retirees. It said that property investment in terms of rental is not suitable for retirees. If we assume the property is not yet fully paid for, then the rental income is the remaining amount after deducting the maintenance expenses and mortgage repayment.  Assuming the property price … Read moreProperty investment not suitable for retirees. True?

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Managing ‘bad’ expenses and good debts, my way.

I think anyone who is reading this knows that even for debts, there are two kinds of debts. The good one and the bad one. Bad debts, everyone would immediately think of credit cards, car repayments (the bigger the worse) and whatever stuffs which you buy because you believe it gives you pleasure and ‘face’ … Read moreManaging ‘bad’ expenses and good debts, my way.

Using ‘bad debts’ to buy ‘good debts’?

Everyone tells us that we must always aim for good debts. Property mortgage is considered a good debt that everyone must have. This is very true. However, if you have to borrow ‘new’ money instead of own savings in order to buy a property, how can this be a good debt? You have no money … Read moreUsing ‘bad debts’ to buy ‘good debts’?

Perhaps marketing is getting more sophisticated.

Remember a few weeks ago during Chinese New Year, many developers were trying to outdo each other with their television advertisement? Read here: Emerging Trend or Desperation? Actually, 2015 is the first time I see so many developers advertising at the same period. To understand if this an emerging trend, we have to look at 2016 Chinese … Read morePerhaps marketing is getting more sophisticated.

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

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.

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