HDB Loan or Investment

Thanks all for the opinions. I did have something in mind before starting this thread and that is to divide the money according to certain percentage for loan and investing. Wanted to ask for opinions on this too see if my thinking is rational.

I'm 30, just got married and have just investing. But already Im thinking of other priorities and think I have become meeker as I grow older.

Wah liew. I'm just 30..

Ok. Talking about clear the housing loan.
Should I use the FD+investment link fund to settle the loan. And me n hubby OA ?

Or just hold on.

(01-04-2014, 06:47 PM)Art or Science Wrote: Thanks all for the opinions. I did have something in mind before starting this thread and that is to divide the money according to certain percentage for loan and investing. Wanted to ask for opinions on this too see if my thinking is rational.

I'm 30, just got married and have just investing. But already Im thinking of other priorities and think I have become meeker as I grow older.

Wah liew. I'm just 30..

30 not young liao. I slighly older than u
I started my investment in 26. Lost 30k. Hahaha.
Can start earlier. Just start earlier

Yeah not young le. Started investing late. Can't enjoy the wonders of compound interest as much as others who started early. Now just trying to devour as many books and gain knowledge and experience as I invest 1 lot by 1 lot. Haha. I'm timid lah.

(01-04-2014, 07:04 PM)Art or Science Wrote: Yeah not young le. Started investing late. Can't enjoy the wonders of compound interest as much as others who started early. Now just trying to devour as many books and gain knowledge and experience as I invest 1 lot by 1 lot. Haha. I'm timid lah.

No one is too late to learn and invest with the magic of compounding. I am also really coming back to stocks after the last CAO scandal which I just really follow the crowd to buy.

Frankly I believe the most important thing to achieve before getting into investment is to get a house for own stay and also at least a 6 - 12 months worth of household income for emergency funds set aside. Only then can we really focus fully onto investment and not being forced to sell one of our darling stocks to tide us through the tough period.

I am pro to going long for 5 - 10 yrs for good stocks to reap good profits.

yup have to set aside spare cash for emergency use. Part of the portfolio which i'm still fine tuning. No bonds yet though. Something which I will look into in the future.

Thanks.

(01-04-2014, 10:57 PM)Belg Wrote:

(01-04-2014, 07:04 PM)Art or Science Wrote: Yeah not young le. Started investing late. Can't enjoy the wonders of compound interest as much as others who started early. Now just trying to devour as many books and gain knowledge and experience as I invest 1 lot by 1 lot. Haha. I'm timid lah.

No one is too late to learn and invest with the magic of compounding. I am also really coming back to stocks after the last CAO scandal which I just really follow the crowd to buy.

Frankly I believe the most important thing to achieve before getting into investment is to get a house for own stay and also at least a 6 - 12 months worth of household income for emergency funds set aside. Only then can we really focus fully onto investment and not being forced to sell one of our darling stocks to tide us through the tough period.

I am pro to going long for 5 - 10 yrs for good stocks to reap good profits.

6-12 mths household income for emergency fund? so much meh?
i thought 6 to 12 mths household expenses?

like that, no need to invest liao.

(01-04-2014, 11:20 PM)Art or Science Wrote: yup have to set aside spare cash for emergency use. Part of the portfolio which i'm still fine tuning. No bonds yet though. Something which I will look into in the future.

Thanks.

i am now looking at preference share. i prefer private placement. heard 250k one time. hahaha. dunno. i not trying before. maybe have to ask my those rich friends then see how the things going on.

(01-04-2014, 06:50 PM)yeh Wrote:

(01-04-2014, 06:47 PM)Art or Science Wrote: Thanks all for the opinions. I did have something in mind before starting this thread and that is to divide the money according to certain percentage for loan and investing. Wanted to ask for opinions on this too see if my thinking is rational.

I'm 30, just got married and have just investing. But already Im thinking of other priorities and think I have become meeker as I grow older.

Wah liew. I'm just 30..

30 not young liao. I slighly older than u
I started my investment in 26. Lost 30k. Hahaha.
Can start earlier. Just start earlier

that like 5-7 years ago i.e. before the global crisis, lost 30k on paper was a good achievement going by then standard..congrats

(01-04-2014, 11:22 PM)pianist Wrote:

(01-04-2014, 06:50 PM)yeh Wrote:

(01-04-2014, 06:47 PM)Art or Science Wrote: Thanks all for the opinions. I did have something in mind before starting this thread and that is to divide the money according to certain percentage for loan and investing. Wanted to ask for opinions on this too see if my thinking is rational.

I'm 30, just got married and have just investing. But already Im thinking of other priorities and think I have become meeker as I grow older.

Wah liew. I'm just 30..

30 not young liao. I slighly older than u
I started my investment in 26. Lost 30k. Hahaha.
Can start earlier. Just start earlier

that like 5-7 years ago i.e. before the global crisis, lost 30k on paper was a good achievement going by then standard..congrats

yes, u r right. after losing that 30k. i spent a lot of time monitor market. study, learn little TA and FA. meanwhile i save and save.

then miss the boat in 2009 bottom, no guts to buy.

started small small 2010. then 2011, 2012 and 2013. so far, doing quite ok