900K cash + cpf, 800K+550K loan, shall I clear my loan first?

[lucky new new]

even if u come back in 2 years we all still be here...but Hmmmmm...what will
property prices be like THEN...thats the MILLION $$ question

I C I C....how is your house hunting? seems that we are at same boat with Mr B hahaha

[lucky new new]

ALL THE ABOVE LOSE to CIMB 0.8%p.a. compounded daily Starsaver (Normal Savings / Current Account)

No min balance, no fall below fee, no restrictions etc. Free unlimited cheque books (not just the first)

thanks! will call now.

[lucky new new]

ALL THE ABOVE LOSE to CIMB 0.8%p.a. compounded daily Starsaver (Normal Savings / Current Account)

No min balance, no fall below fee, no restrictions etc. Free unlimited cheque books (not just the first)

OK CIMB said 0.8% for flexibility, 0.95% for 1 year locking.
maybank 1.+% if lock for 2 years.

how???

[DC33_2008]

You did not go in the eastspring MIP? Much better return of 5%.

i lock in abit on 1.48% 18mths FD from maybank 12mths i tink 1.18%

very pathetic i noe.....but i am paying less den tat for my mortgages and can even lock in 1.38% for 3yrs!!

wakakaka

[DC33_2008]

What do you think two years later?

even if u come back in 2 years we all still be here...but Hmmmmm...what will
property prices be like THEN...thats the MILLION $$ question

[devilplate]

You did not go in the eastspring MIP? Much better return of 5%.

Jim rogers said high yield bond risky leh

Eastspring all bbb- rating bonds.....scary

Its like high risk low return to me....5% yield aso not guaranteed one lor

Fundsupermart only charge 0.5% though.....seriously considering and might dump abit of spare cash when px drop to about 0.99

[DC33_2008]

Have been getting it since 3 years ago. Price is usually very stable except for lethman time which went down to $0.70.

Jim rogers said high yield bond risky leh

Eastspring all bbb- rating bonds.....scary

Its like high risk low return to me....5% yield aso not guaranteed one lor

Fundsupermart only charge 0.5% though.....seriously considering and might dump abit of spare cash when px drop to about 0.99

[radha08]

I C I C....how is your house hunting? seems that we are at same boat with Mr B hahaha

i prefer to call it house BROWSING...

[radha08]

What do you think two years later?

some say up some say down...

i say i dunno...

[latour]

some say up some say down...

i say i dunno...

I oso say dunno, until someone told me the other day that with the current potential inflation of about 5% p.a. over the next 5years property prices must move up between 20% to 30% to stay inline, now I puzzle?
What you guys think?

[Arcachon]

I oso say dunno, until someone told me the other day that with the current potential inflation of about 5% p.a. over the next 5years property prices must move up between 20% to 30% to stay inline, now I puzzle?
What you guys think?

Property price to raise 20 to 30%, interest must remain low, FED must introduce QE3, population must increase, wage must increase.

GOVT have already start with wages and infrastructure, interest rate determine by FED and the next thing the GOVT will do is increase the population.

Don't sell your HDB flat, Mr Lee tells resident

http://www.straitstimes.com/Breaking...ry_731351.html

Prices for new HDB flat launches are typically linked to prevailing resale prices

http://www.iproperty.com.sg/news/395...ins-HDB-Prices

[devilplate]

I oso say dunno, until someone told me the other day that with the current potential inflation of about 5% p.a. over the next 5years property prices must move up between 20% to 30% to stay inline, now I puzzle?
What you guys think?

Worstest fear is stagflation....there r no winners

There r oredi some early signs....moi no economist guru.....read it smwhr one

[radha08]

Worstest fear is stagflation....there r no winners

There r oredi some early signs....moi no economist guru.....read it smwhr one

what is stagflation...is it buyer no buy seller no sell...

[radha08]

i don't feel it's the right time to buy, and don't know when will be the right time to buy....

same feeling here...

[devilplate]

what is stagflation...is it buyer no buy seller no sell...

Google it

[Arcachon]

In economics, stagflation is a situation in which the inflation rate is high (4.6% @ Feb 2012)and the economic growth rate slows down (4.9% @ 2011) and unemployment remains steadily high(2% @ 2011 can sent back PR, FT, etc about 1.2 million). It raises a dilemma for economic policy since actions designed to lower inflation or reduce unemployment may actually worsen economic growth. The portmanteau stagflation is generally attributed to British politician Iain Macleod, who coined the phrase in his speech to Parliament in 1965.

http://www.mom.gov.sg/statistics-pub...bourforce.aspx

[devilplate]

high oil/energy px and low growth is the key ingredient to stagflation

[Arcachon]

high oil/energy px and low growth is the key ingredient to stagflation

Oil price high because of QE1, QE2. Oil price in USD. QE3 oil price even higher.

[teddybear]

Main reason for stagflation is usually due to pursuit of austerity in economic policy when the economy is going into recession! Pursuit of Keynes theory which is now popular in US, China, & even ECB (but only Germany not supportive) will always help to push growth faster than inflation & hence avoid stagflation. That is why doomsayers & hopers hate Keynes!

In economics, stagflation is a situation in which the inflation rate is high (4.6% @ Feb 2012)and the economic growth rate slows down (4.9% @ 2011) and unemployment remains steadily high(2% @ 2011 can sent back PR, FT, etc about 1.2 million). It raises a dilemma for economic policy since actions designed to lower inflation or reduce unemployment may actually worsen economic growth. The portmanteau stagflation is generally attributed to British politician Iain Macleod, who coined the phrase in his speech to Parliament in 1965.

http://www.mom.gov.sg/statistics-pub...bourforce.aspx

[radha08]

what is stagflation...is it buyer no buy seller no sell...

wohoo thats why i failed economics...