Personal Finance
A new flat on the way and $200K in spare cash.
By A Singaporean Stockmarket Investor (ASSI)  •  July 9, 2014
She and her husband have some $200K in spare cash. She is in her 20s and they have a new flat on the way. This is my reply to questions posed by her:
Hi YX, Firstly, please remember that I am not giving advice. However, I can share what I would do given the same set of circumstances. :) 1. I would take a 30 year housing loan instead of 10 years even though I might have the ability to pay it off at one go. It is less of a burden in case bad things should happen. If I had more spare cash over time, there is the option to pay down the loan, doing partial capital repayments. 2. I would invest some of my spare cash for higher returns. This would make sense as long as the returns are higher than the interest payments on the housing loans,......
Read the full article
By A Singaporean Stockmarket Investor (ASSI)
Have a more secure financial future in an uncertain world by creating a stream of reliable passive income with high yields.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance