So as I wrote my previous post. And it slowly came to light that my HDB isn't really an asset. It doesn't grow in value. It's always depreciating due to the lease. If I want to extend the lease by moving to another area of Singapore, I will have to give up size and location. Eventually as time passes, assuming I can live forever and keep trying to extend my lease by downgrading, I will end up in a super small place maybe just enough for a bed in the far ends of Singapore. If it's a house for self stay, it's hard on convince myself that it's an asset that grows in value. So this got me thinking. In that case, what is value? What can I consider an asset? And this really brought me down to a very simple line... It's something bag creates value. It needs to provide a service or product. This is something close ......