I wrote about my dilemma regarding whether to pay down my HDB loans or use the excess money for investment. That was back in Nov 2013 and more than a year had since passed. Back then, I really put in an extra 24k to do partial repayment for my HDB loans, and it shaved off 2.5 yrs off my 30 yrs loan.
One year later, I still don't know if I did the right decision. The dilemma is always the same: given a sum of money, is it better to use it pay down the 2.6% mortgage loan or invest in the market to get a yield of more than 2.6%? The decision is complicated by factors such as:
1. Certainty of interest payable on money borrowed vs uncertainty of returns in the market
2. Property insurance bought in the event that either owners hit death or ......