29, 6k celeri, 150 investment pool, car n education loan done.... What a great way to start your 30s

My short answer to the question in title is: for investment property try to always opt for long tenure, solely because of cashflow. Better cashflow give you better opportunity to go into other investment. Better flexibility to manage investment portfolio too.. Kalau duduk sendiri, haaa, baru correct you pening with the amount of interest the bank is going to get from you for the next XX years..

Thanks for the advise on the long/short term loan. Agree on stretching it out and have low instalment. Helpful for current cashflow, and yes can settle earlier if got extra cash. It’s more controllable from consumer end.

Saw the Title and immediately thought though this must be referring my Questions haha Thank You again for sharing in deep insight, Will take into consideration your Suggestion when looking for the property My Worry is that it will be quite difficulte if to manage a rental Property in KL remotly as I am not there to manage it

a huge thanks for this. really great one. hav been considering bout long or short tenure for quite sometimes.

Good insights and interesting perspective on the loan tenure... Appreciate it your view on the subject matter! Stay safe during MCO 3.0!

Great insight, but even if I'm buying for own stay, I'd stretch out my loan tenure as well. My justification is that the mortgage rate is lower than the returns I get from ETF, equities or crypto investments so I'm better off paying less to the bank monthly and investing the excess elsewhere. Effectively, I'm using the bank's money to generate more returns for myself. But that's just my thought and not a financial advice.

The ending music is just so nice for a relax after tons of mind exercise to understand the logic 😂

Great sharing as always!

Great Insight! Thanks for the video

Hiyah, market is poor. Bank strategy to hook up potential client

My 2c. Hehe. Coz am 41 liao. Hee. Perhaps at my age is being more conservative. Its always good to have good debt. But though try to have a bit more downpayments. Too long loan 35yrs is a bit scary i feel. Maybe just me. But i reckon 20 25yrs should be fine. Been there b4. Realised its really good to have less long loan when u r my aged. Hee

is it wise to apply for fixed rate mortgage instead of floating during low OPR period like right now assuming not much different between the two rates? will fixed rate has the same flexi/semi-flexi benefit that you said in the video?

Thanks for this indepth personal discussion. I like the part when you highlighted that long term debt is good if one is able to generate income to cover the instalments. Being in debt is not bad if one is able to use it for positive investments.

Sound quality looks a bit different today 🤔 Hmm I guess the mic ran out of battery?🤣

Well, when you talk about property investment..generally, you would want to drag on the loan tenure as long as you can, and pay as low as you are able to (but to get a positive cash flow with the latter is really difficult to get). Since you already have a 150k inside your account, why not put then into good use? One may think, yeah its for compounding the interest...but to what extend? Would you rather let the bank to earn with your money or do it yourself(with due diligence, off course). Secondly, with inflation knocking around, the 150k will be much lower in terms of value within the next 10 years, if we are lucky la..

if got 100k toto, should put FD 2.3% In 30 years, you will have $197,819.46 100k in house loan 3% for 30 years = 151,777.45 nett of over 40k

If I am able to generate higher returns than the housing loan (~3%), why would one still want to settle the housing loan instead of generating higher return (ie. stocks, rental etc..) Essentially if my money is able to grow at a faster pace even with average return like 5-6%, I am still getting more value compared to throwing them into housing loan which is only 3%? My view is that, borrow more to earn even more.

Should have known iherng recommend him invest kl 😁😁

0:57问题 1，2，3 重点

why people buy car first instead of house? yolo, because its great to flash car to amoi, i dont understand these people mentality, they bought car then they ask why they are still living with parents.