If you have 220k in FD why not pay back your loans to save on the interest? The miserly interest from FD won't be more than the interest you're incurring from the loans.

My exect sentiment..... or use big part of the $$$ to invest in higher yield vehicles. But the most logical move is to clear your existing liabilities 1st

pls, the world is bigger than u think, i have engineer friend who bought 300K house within 3yrs of working with CASH, 2nd house in another 2yrs later. another friend may not be that capable but owning 3houses with loan but more in FD/share.

for TS case, we do not know whether he was working part time b4 and for the past 5yrs if u invested well from 2004-2007, u might have make a sum from stocks, probably he cash out n put in FD. that was just my assumption based my friends' experience. 

afterall, if TS keep his expenses low, he doesn't have to earn 10K/m to get wat he has now.

@yewkhuay,

Thanks, I like polite people.
Ok, clarfication. Thats the total Insured sum. I think its very little right? But I dont quite trust insurance. What can I do next?

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Added on September 11, 2009, 6:11 pm
1) Correct

2) True.. and partially dont know how to invest and dont know when i want to stop working immediately.

3) Very pandai lah!
U can read my mind is it? yeeeeeeeeehhaaaa

car loan. the lesser the principal, the lesser the interest charged. go.