Page 2 of 2 FirstFirst 12
Results 31 to 41 of 41

Thread: Can you afford your dream home after taking the 3-3-5 test?

  1. #31
    teddybear's Avatar
    teddybear is offline Global recession is coming....
    Join Date
    Mar 2009
    Posts
    10,800

    Default

    No lah, don't import FT, Singapore SURE DIE because economy sunk to bottomless pit! Many citizens would be out of jobs! Mark my words!

    If import many many FTs, the most is too crowded, but economy fly to the roof, most people with property get richer, why would die?

    Which scenario would most citizens choose? DIE or too crowded but rich?

    Quote Originally Posted by 4wheels View Post
    Sure DIE?

    I think if Government keep importing, then we DIE!

  2. #32
    teddybear's Avatar
    teddybear is offline Global recession is coming....
    Join Date
    Mar 2009
    Posts
    10,800

    Default

    A person may be confident but policy stop him from taking more risks, can't make more money.........

    Quote Originally Posted by henryhk View Post
    Cannot blame the garment, they are taking care of the whole population, ...but u yourself know ur own strengthen and weakness, u are in control or our of control..... If u are confident, wat is the problem?

  3. #33
    Join Date
    Feb 2011
    Posts
    8,926

    Default

    property is expensive? Does property price growth outpaces CPI growth? By how much?

    does property price outpace gold price? in terms of gold I think property price is deflating

    how about CPF (assume 4%)?

    Ride at your own risk !!!

  4. #34
    teddybear's Avatar
    teddybear is offline Global recession is coming....
    Join Date
    Mar 2009
    Posts
    10,800

    Default

    You set me thinking:
    - Property and the land it sits on can't grow.
    - Gold: dig dig dig, more gold come out of the earth.

    Really, gold is not better than the paper currency that has been kept printing, only its growing at a slower pace.........
    So properties better bet going forward than gold in next 10 years?

    CPF 4% only for $60k right? How many people have >$60k in their medisave+SA? Above $60k only 2.5% return - Pathetic!


    Quote Originally Posted by phantom_opera View Post
    property is expensive? Does property price growth outpaces CPI growth? By how much?

    does property price outpace gold price? in terms of gold I think property price is deflating

    how about CPF (assume 4%)?


  5. #35
    Join Date
    Feb 2011
    Posts
    8,926

    Default

    if property dat u buy with CPF does not continue to appreciate at 2.5% to 4%pa, then

    1. what will happen to the property pledge for half of min sum? once u pledge, interest charge on your for 4%, one day your parents sell pledged HDB cannot even serve the interest?
    2. what will happen to your CPF OA after selling off your property?
    3. does it mean better put money in CPF than buy property (I start to hear MPs/Ministers screaming return on CPF is a dream as it outperforms even my precious property) ... a new scheme called reverse asset enhancement
    Ride at your own risk !!!

  6. #36
    Join Date
    Feb 2011
    Posts
    8,926

    Default

    can u afford to consume that energy after 3-3-5 test?

    https://sg.finance.yahoo.com/q/ta?s=XLE&t=my

    or

    Vanguard Energy ETF, 2004 Oct <50, now 145
    Ride at your own risk !!!

  7. #37
    Join Date
    Jul 2013
    Posts
    543

    Default

    Quote Originally Posted by teddybear View Post
    No lah, don't import FT, Singapore SURE DIE because economy sunk to bottomless pit! Many citizens would be out of jobs! Mark my words!

    If import many many FTs, the most is too crowded, but economy fly to the roof, most people with property get richer, why would die?

    Which scenario would most citizens choose? DIE or too crowded but rich?
    Equilibrium is the target, therefore local Singaporean has never been forgotten.
    A bottle of Lafite '82 for all my coffeeshop friends yesterday...many don't know what is it....haha...

  8. #38
    Join Date
    Jun 2009
    Location
    Southbank
    Posts
    9,531

  9. #39
    Join Date
    Jun 2009
    Location
    Southbank
    Posts
    9,531

    Default

    https://www.youtube.com/watch?v=oICTRlyj6Jk

    郎咸平说95真金白银,美国如何保卫美元 01

  10. #40
    Join Date
    Mar 2009
    Posts
    6,134

    Default

    The article forgot that the saving need to generate more min inflationary growth. If not it's also difficult to get in later.
    “Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”
    ― Martin Luther King, Jr.

    OUT WITH THE SHIT TRASH

    https://www.facebook.com/shutdowntrs

  11. #41
    Join Date
    Mar 2012
    Posts
    7,827

    Default

    VIP is featured on Sunday Times today.
    "Never argue with an idiot, or he will drag you down to his level and beat you with experience."

Similar Threads

  1. Not Being Able to Afford a Home
    By Arcachon in forum Coffeeshop Talk
    Replies: 24
    -: 03-08-15, 17:32
  2. Can You Afford Your Home? A Simple Affordability Test
    By princess_morbucks in forum Finance and Legal
    Replies: 21
    -: 20-06-14, 15:42
  3. Can you afford to purchase that dream home?
    By mr funny in forum Finance and Legal
    Replies: 1
    -: 07-03-11, 17:42
  4. Dream home? Dream on..
    By mr funny in forum Singapore Private Condominium Property Discussion and News
    Replies: 11
    -: 21-09-09, 13:57
  5. Can you afford that second home loan?
    By mr funny in forum Finance and Legal
    Replies: 4
    -: 30-05-07, 16:51

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •