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 How much is your net worth?, gauging your financial performance.

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snorlax
post Mar 1 2011, 09:52 AM

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QUOTE(edyek @ Feb 28 2011, 08:11 PM)
Pay off your darn japanese car to lower the installment or better still pay it all off, so that you can have extra savings to save and invest.
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Wouldn't he gain the advantage of reducing interest payments if he put that into his property instead of his car?
snorlax
post Mar 1 2011, 01:36 PM

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QUOTE(johnrck99 @ Mar 1 2011, 12:24 PM)
Currently no other investment plan due to history, lost too much in stock so no more guts..
So all money keep in FD only.
My car interest is only 2.7% while my FD is about 3+%  (depending on tenure etc) so I rather put in the bank than to pay off the car.

Do you see my point?
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What's the interest rate on your housing loans?

 

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