Accrued Interest More than Profits from Selling of House

For an updated version, refer to the article HERE. Today's post is to answer if you need to top up cash to cover your housing loan's accrued interest should a shortfall occurs. The answer is, NO. Illustrations are below MORE LINKS Difference using Cash or CPF to pay Housing Loan? What to Own during Rate Hikes? Fine Print of CPF Money Withdrawal 5 Financial Things to do in your 20s Singapore...

Read More

What we know about risk is all wrong

As you can search in Google, Investopedia defines clearly what risk is. Schools preach on what risk is, how it is calculated and how it is quantified. But after reading this book, I am questioning the method that we were taught. MORE LINKS CPF Voluntary Contribution Rates What to Own during Rate Hikes? Fine...

Read More

Difference Using Cash or CPF to Pay Off Housing Mortgage

This post is dedicated to another reader of ours who posts us the following question: Is there any difference if I use cash to pay off my mortgage and not use the CPF vs I use my CPF and then add in the equivalent in cash into my CPF account. MORE LINKS CPF Voluntary Contribution Rates What to Own during Rate Hikes? Fine Print of CPF Money Withdrawal 5 Financial Things to do in your 20s Singapore...

Read More