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Investment YOUNGSTERS, PLEASE RENT FIRST BEFORE BUYING..., Dont rush accumulating unaffordable debt

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SpeechLess11
post Aug 2 2013, 04:38 PM

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QUOTE(mytaffeta @ Aug 2 2013, 04:13 PM)
buy within mean.. if those 4-5k income earner should buy prop at what range of price? with standard commitment..
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IMHO, 50% - 60% of the net income go to all the loan then i guess one can live without worrying much. : smile.gif

roughly RM400k property and RM50k car... rolleyes.gif

This post has been edited by SpeechLess11: Aug 2 2013, 04:39 PM
SpeechLess11
post Aug 2 2013, 08:05 PM

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QUOTE(bababanana @ Aug 2 2013, 07:09 PM)
i'll rent since so many choice available
save the money
and for sure market will burst one that
then that time i'll buy with cash lol
many choice available as wel
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nice strategy u have...

there is another strategy: buy now, rent upon completion with positive cash flow, sell become market boom, keep cash or change to gold, buy when burst... thumbup.gif thumbup.gif thumbup.gif

conclusion: most important is you urself happy and satisfy with the situation. Cheer~ cheers.gif
SpeechLess11
post Aug 3 2013, 12:16 PM

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QUOTE(Seremban_2 @ Aug 3 2013, 04:15 AM)
I was a runner at layer office and saw workmate clicking MYEG button. With simple thinking and not intelligent in real life,I was thinking the future will be internet world, government link some more,cheap, afforable and blue chip.

I take the risk Interest rate vs Appreciation Capital. Long Run so it is not a gamble.

Buy 30 sen++ become sell 90 sen onwards. Appreciation more than tiga kali ganda. (Good Investment for me than investing property)

For own stay property buy what I can afford.
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hmm, the question is how much u earn? and how much u earn from 2000 - 2013?
hmm.gif hmm.gif hmm.gif hmm.gif hmm.gif
SpeechLess11
post Aug 5 2013, 05:28 PM

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QUOTE(Mambasm @ Aug 3 2013, 05:26 PM)
hmm..my turn to give my opinion also...haha

in every thing in life, we need different ppl with different roles to play...
in a competition, you need a winner and a loser else it's not called a competition...
in a trade agreement you need a seller and a buyer, else no trade can happen...
in nature, there is predator and a prey, then it's a cycle of life...
ying and yang, smart and stupid, the list goes on....

so in this case (property market), we need people who are seller, buyer, tenant, motivated/desperate seller, desperate tenant, etc the list goes on.....
so if young ppl BBB like buy vege, i would say pls go ahead don't stop, if that makes you happy....
if young ppl want to rent, also go ahead, the market also need ppl to rent else no one can find tenant...

my point is there's no should or should not.... right or wrong... is just different people playing their different roles in the same game.

Cheers.... icon_rolleyes.gif  icon_rolleyes.gif
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+1 well said!

 

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