Middle class Singaporean no more.....Sigh

[antimatter]

Originally Posted by MoJoe313

Supercalifragilisticexpialidocious

Herein, the other aspect of my social experiment. How different segments of society respond to a common problem.

There is a lot to learn and unlearn from discussions. One just needs a topic all is passionate about.

oh, Mr cry father cry mother talks again, yet avoiding giving answers.

[BMW69]

MoJoe, in the interest of transparency, you should probably come clean with your savings and all as per my template.

[abugga]

Originally Posted by antimatter

wa bro, your words very chim leh, but I know you agree with me, or is I agree with you cause I disagree with him later than you, haha.

I was a silent reader of this thread. to be frank, I agree with him starting.
But start to bouy song he rejects peoples advice & starts to tell lies after lies.

Anyone with simple maths will not say stupid lies of money the way he does.
All his spending & savings just don't tally.

So in one way or the other, his a liar.

Hahaha. I will sum it up for you,

All I am saying to TS is to be a man and take control of his own problems, to seek a solution, to be innovative. And not come in here and talk about how his wife is spending money on material how hyperinflation puts a finger in his butt, boohoo life is tough mommy help me pls.

[sean69]

Originally Posted by BMW69

Hope you pay it off soon. Most important thing is to have a roof over your head. If for some reasons your income is reduced at least you still have somewhere to stay. No harm paying it off early with your savings if you can. Because then you can start thinking of having an investment property as well.

Thanks bro, still hanging on to the loan as i'm thinking of getting a second property so that i can rent out my HDB, need to do my sums just to make sure i dont ending up screwing myself

accumulating cash, property market while "gloomy" has not really crashed yet.. planning to look at 2nd property in a couple of years...

as for car, COE is freaking high, ~65-70K for catA. Thinking of getting a 2nd hand car first while waiting for it to drop to around 20-30K .. hahahahahh .. any advice from you?

[abugga]

Originally Posted by MoJoe313

Supercalifragilisticexpialidocious

Herein, the other aspect of my social experiment. How different segments of society respond to a common problem.

There is a lot to learn and unlearn from discussions. One just needs a topic all is passionate about.

You mean you just figured that out now? I have figured all out about how society reacts and forms preconceptions based on what they see and perceive at age 5 dude. thereafter I have no concerns for anyone else. Why do you wish to seek the opinion of others so much if you have one to call your own.

[AAdam]

Originally Posted by BMW69

MoJoe, in the interest of transparency, you should probably come clean with your savings and all as per my template.

Hahahaha....do you sincerely think that he will do that???

[BMW69]

Originally Posted by sean69

Thanks bro, still hanging on to the loan as i'm thinking of getting a second property so that i can rent out my HDB, need to do my sums just to make sure i dont ending up screwing myself

accumulating cash, property market while "gloomy" has not really crashed yet.. planning to look at 2nd property in a couple of years...

as for car, COE is freaking high, ~65-70K for catA. Thinking of getting a 2nd hand car first while waiting for it to drop to around 20-30K .. hahahahahh .. any advice from you?

Yup. It's important to do the sums properly when deciding if you can afford a second property. However, do ensure that you have met the minimum occupation period for your flat (usually 5 years) before renting it out so that you don't run afoul of the law.

The property market does have some good deals out there now especially in the high end market. I do know of people who are really desperate to sell their properties because they can't rent the house out anymore and hence can't service their loans. But those have a rather high asking price $1+m minimum or are super high risk properties like shoe box condos. Bearing in mind that they're selling it because they can't rent it out, only buy if you can afford to rent it out at lower than market rate prices or if you're planning to stay there.

For the more affordable condos and stuff, it's wise to wait 2 or 3 years before looking again.

As for the car thing, PM me if you're really serious about buying and already have a budget in mind. Let me know of your expectations (eg type of car, kind of brand, how many years left) so that I can best advise you.

[antimatter]

Originally Posted by MoJoe313

Supercalifragilisticexpialidocious

Herein, the other aspect of my social experiment. How different segments of society respond to a common problem.

There is a lot to learn and unlearn from discussions. One just needs a topic all is passionate about.

learn & unlearn only applies to other, cause this Mr cry father cry mother never learn in the first place.

[antimatter]

Originally Posted by abugga

Hahaha. I will sum it up for you,

All I am saying to TS is to be a man and take control of his own problems, to seek a solution, to be innovative. And not come in here and talk about how his wife is spending money on material how hyperinflation puts a finger in his butt, boohoo life is tough mommy help me pls.

I understand now, he misses durian seed in his butt.

finger doesn't feel a thing now, that he is so getting used to durian seeds.

[antimatter]

Originally Posted by BMW69

MoJoe, in the interest of transparency, you should probably come clean with your savings and all as per my template.

bro, he is in a difficult position.

First, he claims he earns 10k.
Second, he claims life is hard, only $1,111 per head.
Lastly, he claims he have 15 years of savings.

If he says he got 700k, he slap himself, cause he deny me that he ever said he got 700k. (Even although another bro also said he saw in this cry father cry mother post)

If he says he got less, he slap himself again, cause 15yrs should be 1.8 million.

If he says he got less, but still can survive, meaning he doesn't spend 10k fully every month. (Note: even 900k for 15years means spend 5k monthly.)
Yes, you bros guessed it, he slap himself again.

Lastly, if he have over 700k, why he still cry father cry mother here?
Yes again, you brothers guessed it right, he slap himself again.

So, whats the moral of the story.
For every lie said, 10 more are needed to cover up.

[MoJoe313]

Edited out

[BMW69]

Please please please. We need figures here. It does seem like you have something to hide. We already know your combined income is about $10+k (or is it? Because $25000 a month is also >60th percentile if the current average stays as it is) and we know that you have 15 years of savings. The thing here is, what is 15 years of savings? Sean69 has 300k and antimatter has 3k. How much do you have?

[BMW69]

And does apartment mean condo? You stated in your first post that you want a bigger flat. It's not hard to get a bigger HDB from the sale of a condo.

[MoJoe313]

Originally Posted by BMW69

Please please please. We need figures here. It does seem like you have something to hide. We already know your combined income is about $10+k (or is it? Because $25000 a month is also >60th percentile if the current average stays as it is) and we know that you have 15 years of savings. The thing here is, what is 15 years of savings? Sean69 has 300k and antimatter has 3k. How much do you have?

Oh. You said follow your format so I followed your format. It is less than $1.5m like you. This is your format too, no?

[antimatter]

Originally Posted by MoJoe313

1. Very happy to be able to provide for my parents. My brother didn't want them when they were broke and homeless. I insisted they stay with me.

Originally Posted by MoJoe313

No. They made some foolish decisions and lost their 3 room flat. Just showed up one day at my place. Am I suay or what?

wow, this joker does it again.

Many posts ago, he said is he suay that his parents show up, now he says he insisted parents to stay with him.

Same as you commented your below intel BMT brothers whom you will stand by.

Haha, come on, the more you say, the more you wrong.