tag:blogger.com,1999:blog-7944902213075756335.post2047374654323262606..comments2024-03-28T23:00:40.055+08:00Comments on A Singaporean Stocks Investor (ASSI): They chose financial independence over home ownership.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-7944902213075756335.post-13165862018712639952019-02-22T11:56:28.921+08:002019-02-22T11:56:28.921+08:00Winshern Ho says...
We should choose a small roof ...Winshern Ho says...<br />We should choose a small roof over our heads and focus for financial independenceAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-13016842396715613052019-02-19T14:10:44.201+08:002019-02-19T14:10:44.201+08:00Reader says...
Your latest FB post makes me want t...Reader says...<br />Your latest FB post makes me want to rent and not buy lol<br /><br /><br />AK says...<br />I am sure there are many people who feel that way too. ;p<br />However, in Singapore, if we qualify for subsidised HDB flats, we should buy one.<br />No doubt about it. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-29249093687033737052018-06-18T14:32:35.692+08:002018-06-18T14:32:35.692+08:00Jackson Yang says...
Im also grateful that hdb pr...Jackson Yang says...<br /><br />Im also grateful that hdb price in singapore are at least somewhere "reachable" within our life, unlike taiwan (to be specific is actually taipei), hong kong and even big cities in japan.<br /><br />I just shared with one of my friend that if one not enough money to buy a private condo (she is pr and single), just rent! At least no need to worry about AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-75669987356314671802017-12-13T12:02:36.368+08:002017-12-13T12:02:36.368+08:00Hi Ben,
Many people would not feel secure unless ...Hi Ben,<br /><br />Many people would not feel secure unless they own their homes.<br /><br />You have achieved financial nirvana.<br /><br />Your mind is enjoying a state of ZEN and it is something precious. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-73497043336577594552017-12-12T23:39:16.677+08:002017-12-12T23:39:16.677+08:00Hi AK 71,
I totally agree with you that such appr...Hi AK 71,<br /><br />I totally agree with you that such approach will be entirely up to the mindset mentality. It depends on the willingness of one to be able to release the mental blockage which hinders him/her from pursuing the desired approach. <br /><br />I used to have a lot of concerns on how to go about sustaining a simple lifestyle with the passive income. This is made easier by willing WTKhttps://www.blogger.com/profile/11459028978258841179noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-11185487053531023262017-12-12T20:39:57.571+08:002017-12-12T20:39:57.571+08:00Ben said...
I am a simple peasant with no apartmen...Ben said...<br />I am a simple peasant with no apartment and car. I am content to have the passive income to last the rest of my life.<br /><br />AK said...<br />Many people are trapped by consumerism.<br /><br />If our homes do not generate income, they are consumption items.<br /><br />If our cars do not generate income, they are consumption items.<br /><br />A paradigm shift is needed for AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-54228832068353779522016-12-20T15:11:18.534+08:002016-12-20T15:11:18.534+08:00Also, see:
Buy that 2nd residential property and p...Also, see:<br /><a href="http://singaporeanstocksinvestor.blogspot.sg/2015/04/buy-that-second-residential-property.html" rel="nofollow">Buy that 2nd residential property and pay the ABSD.</a>AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-17338107165289049142016-12-20T14:34:18.027+08:002016-12-20T14:34:18.027+08:00Hi steady,
Investing in real estate is actually a...Hi steady,<br /><br />Investing in real estate is actually a lot more daunting than investing in stocks because of the amount of money involved, the relatively less liquid market and also the concentration risk. <br /><br />Some might say they would like to invest in properties because they think it is easier to understand and even execute. I would say it isn't. -.-"AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-20276878972615356782016-12-20T13:43:05.872+08:002016-12-20T13:43:05.872+08:00"However, this relative's family intends ..."However, this relative's family intends to buy a condo while retaining their HDB."<br /><br />Maybe the family wants to buy a condo and rent it out as part of their retiremment planning & investment strategy.<br />Some family are not savvy and good at stock investing hence they opt for property investing.<br />steadyhttps://www.blogger.com/profile/12450905246744818195noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-28333428721917174782016-12-16T15:06:51.301+08:002016-12-16T15:06:51.301+08:00See:
We need a home but a condo?See:<br /><a href="http://singaporeanstocksinvestor.blogspot.sg/2016/12/we-need-home-but-condo.html" rel="nofollow">We need a home but a condo?</a>AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-55447097660143570712016-12-16T09:39:57.836+08:002016-12-16T09:39:57.836+08:00Hi OS,
Unfortunately, many Singaporeans do not kn...Hi OS,<br /><br />Unfortunately, many Singaporeans do not know how fortunate we are and in more ways than one too. :(<br /><br />I have friends who moved overseas for a while and came back singing praises about Singapore. It is very ironic. Some of them were very unhappy with Singapore before they left. Truly, we do not know we had a good thing until we lose it.<br /><br />Oh, I downsized to a AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-32238554361735040112016-12-16T06:15:53.609+08:002016-12-16T06:15:53.609+08:00Ak71, thanks lol.
in Singapore, property tax is v...Ak71, thanks lol.<br /><br />in Singapore, property tax is very low especially for HDB flats. Overseas, housing tax can be a few thousand dollars a year for a regular sized apartment or house. In addition, there are numerous other fees to pay. <br /><br />If ever I have a property, it will be a tiny house or one of those mickey mouse apartment. Cheap and good. <br /><br />overseas sinkieRnhttps://www.blogger.com/profile/00312457790121345989noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-63352826907773467222016-12-15T21:47:25.827+08:002016-12-15T21:47:25.827+08:00Hi OS,
An asset light strategy with a focus on ca...Hi OS,<br /><br />An asset light strategy with a focus on cash flow. You've cracked the code. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-72653672212880286142016-12-15T20:08:31.329+08:002016-12-15T20:08:31.329+08:00I have gone the extreme. I am renting a room. I ca...I have gone the extreme. I am renting a room. I can stop working anytime. A friend of mine who was financially independent in his 40s lives in a 1 room flat.<br /><br />overseas sinkieRnhttps://www.blogger.com/profile/00312457790121345989noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-42283013781381292692016-12-15T09:00:40.753+08:002016-12-15T09:00:40.753+08:00Hi STE,
We are on the same page here. :)
This is...Hi STE,<br /><br />We are on the same page here. :)<br /><br />This is possibly why the tiny house movement is gaining momentum in the USA. A smaller mortgage and, in some cases, no mortgage allows people to do a lot more with their limited resources.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-23023741152312500892016-12-15T01:50:02.323+08:002016-12-15T01:50:02.323+08:00Hi AK,
Yah! This is very important point ,,,,as ma...Hi AK,<br />Yah! This is very important point ,,,,as matter of " life style inflation " and keeping up status from " peer pressure " , we keep upgrading our housing need,,, 1 room , 2 rooms, 3 rooms , 4 rooms, 5 rooms,5I , EC , Condominium (OCR,RCR,CCR), Detach , Semi-D, Bungalow, Good Class Bungalow, VGC Bungalow,,,,,,never ending ,,,, chasing and chasing ,,,, how to retire ?STEhttps://www.blogger.com/profile/03171270652249099828noreply@blogger.com