“When I told some colleagues that I dumped all available CPF money to pay up and took up only 5-year housing loan. I believe some of them might think that I was stupid not to take advantage of the cheapest loan available.” – Createwealth8888
I know that the housing loan is the cheapest loan in town and I also heard many times from Mr Property Guru and Mr Banker that housing loan is GOOD DEBT if you are a savvy investor. Really ah?
The Past is not the Present. The Present is not the Future.
When will we know that we have made the right decision and bear the consequences and opportunities from this decision?
The next Crisis is of the equivalent magnitude of GFC or AFC will teach us great lesson for the rest …