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I have S$ 150,000. What should I do?

Poomer

Alfrescian
Loyal
No point paying. They all left only 60 percent of loan based at current valuation. If I divest these 2 properties now, i still can reap cash proceeds of 1m plus lor...

I dont think singapore property market will crash lor. PAP govt will not let it crash lah.. my monies in these properties earned greater returns than putting in the bank ...

if u think so, go downpayment a third property lo. current property market is driven by cheap money and investor/buyer confidence. cheap money will not last forever and when the shit hits the fan, all pinkys horse and all pinkys men will not put investor confidence back together again.

btw. after the latest cooling measures, private property transactions have plummeted and houses are starting to go below valuation. i seriously doubt you can get close to valuation if you sell now.
 
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palden

Alfrescian
Loyal
Ancestor_worship003.JPG
Have a good meal and
 

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singveld

Alfrescian (Inf)
Asset
fly to gangnam street, seoul , liposuction and facelift to fix your face. let sk surgeon to advise you.
 

lianbeng

Alfrescian (Inf)
Asset
My house is fully paid. So is my car. My other 2 investment properties are also self financing as the rental can cover the mortgage instalments. Other non liquid assets are some shares, plus of course unwithdrawalable rubbish CPF monies.

After all that, I have still S$150,000 savings sitting in the bank earning meagre interest rate.

Wat should I do with this idle cash???

lianbeng replies sadplumpgirl: give me lah! :biggrin: i will show u what i will do with it!
 

rotiprata

Alfrescian
Loyal
for someone who is relatively well off; with nothing much to worry when it concerns $$....and often feeling aimless = sign of depression
 

god_zeus

Alfrescian
Loyal
open a dance studio

<iframe width="420" height="315" src="//www.youtube.com/embed/kLG-uWqQVf4" frameborder="0" allowfullscreen></iframe>
 

Froggy

Alfrescian (InfP) + Mod
Moderator
Generous Asset
I heard BKK going to be underwater in a few yrs time .

It will first become Venice so property prices will skyrocket through the roof before fully sunk we would have been gone long time liao.
 

csi88

Alfrescian
Loyal
When you post such thread here,prepare to receive such reply.Nowadays,$150k is not alot of money compare to the late 70's.Either u use partial to do charity if u dun intend to have returns and have good Karma instead.
 

LauCheeBye

Alfrescian (Inf)
Asset
My house is fully paid. So is my car. My other 2 investment properties are also self financing as the rental can cover the mortgage instalments. Other non liquid assets are some shares, plus of course unwithdrawalable rubbish CPF monies.

After all that, I have still S$150,000 savings sitting in the bank earning meagre interest rate.

Wat should I do with this idle cash???

Are you a Lau Chee Bye? Or still Young Chee Bye?
 

Thick Face Black Heart

Alfrescian (InfP)
Generous Asset
My house is fully paid. So is my car. My other 2 investment properties are also self financing as the rental can cover the mortgage instalments. Other non liquid assets are some shares, plus of course unwithdrawalable rubbish CPF monies.

After all that, I have still S$150,000 savings sitting in the bank earning meagre interest rate.

Wat should I do with this idle cash???

You should invest in yourself. That is the best investment you can ever make
 

Kuailan

Alfrescian
Loyal
My house is fully paid. So is my car. My other 2 investment properties are also self financing as the rental can cover the mortgage instalments. Other non liquid assets are some shares, plus of course unwithdrawalable rubbish CPF monies.

After all that, I have still S$150,000 savings sitting in the bank earning meagre interest rate.

Wat should I do with this idle cash???

Instead earn miserable interest rate take your money
go CASINO triple your money there very easy!!
 
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