waiting for property bubble to burst before going on a spending spree... 

I've decided.

I'll raise my property loan repayment so i can save on interest

currently, the best of ASN or ASM or any AS is around 6%, which is lower than the current BLR

is it advisable to make fullsettlemet for my car loan???

currenty the money inside my ASB....

or shud i pay as i am paying it now???every month...

outstanding

RM28,099.80

Remaining Tenure(months) :  53

My cousin had an existing house loan of RM70k which he would like to refinance as the market price of the house would be around RM150k. However, he is 50+ years old and bank does not approve higher loan. Can he add in a 3rd party into the existing bank loan to get higher loan? Even though this 3rd party is not the owner?

This is to avoid the selling and buying cost.

Personally, IF i had a lump sum of $200K and not financial expert (cannot be mar, U & hubby doing well - savvy enough mar right?), i'd:
a. Plonk $ 50% into FD,
split into 2 * (2 or 3 mths term) ie. put in 25% now, put in another 25% next month, thus any month, i can access 25% for cash investments
b. Plonk $ 50% into a bond fund
(a) + (b) is to hold the $ while I do the below

c. Learn about Asset Allocation and re-allocation/re-distribution
Simple big picture control over my total assets across several classes, thus i invest always with the big picture in mind, not just which REITs/Stocks/Funds/Gold/Silver

d. Learn about KLSE REITs & Stocks
+Real Estate Investment Trust (REITs) is similar to being a landlord WITHOUT the headache of being a landlord + more liquid than buying properties BUT not much leverage game. Knowing this enables me to evaluate & invest
+Stocks - REITs are a type of stocks U can buy, thus knowing this enables me to transact properly

e. Learn about Gold/Silver & Precious Metals
It looks more of trading than investing UNLESS I know the underlying trend OR value points
Some % into this is possible but i wouldnt bet the farm on it (again, Asset Allocation big pix while investing or even trading)

f. After learning the above asset allocation (big pix guidelines to investing how much in each type of asset classes) equities, i'd then learn about methodologies (entries & exits) of investments, like value investing (buy during lelong / cheap sale) and/or value cost averaging, dollar cost averaging, trend (mid to long term), etc.

Once all the above knowned, planned Asset Allocation & execution (entries & exits reasonings/logic/triggers), i'd execute the plan, track it and tweak the plan as necessary.

Whew... just a thought 

If u can consistently make 30% return p.a. I think u can be the richest man in the wolrd ady. Even WB annualised return only 24.5% p.a. at most. 

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Added on September 19, 2012, 7:39 pmI just noticed i have been blocked by wongmunkeong to this forum. He want to dominate this forum, i thought forum is a democracy site to share our thought. lol