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 i got 1 million of debt, what shall i do?, debt& financial planning

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Artus
post Nov 12 2014, 01:29 PM

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QUOTE(bcteh @ Nov 11 2014, 02:49 PM)
Settle your personal loan first. At least you still have extra Rm1.8k monthly to enjoy your life and less worried.

Your property still can appreciate slowly. But try to rent it out or sell off your property.
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Houses say only good price but damn difficult to sell. Have to depend more and more bigger fools to buy in order to boost the price upwards. Want to rent out also lousy rate when compared to condos. Also not very popular with people looking for places to rent.


Artus
post Nov 13 2014, 06:04 PM

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QUOTE(rcr @ Nov 13 2014, 10:26 AM)
TS is just trolling la. I bet in real life, he is not in any financial crisis.
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TS is one job loss (either wife or TS) to financial disaster.
Artus
post Jan 22 2015, 12:22 AM

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If the properties are condos, then can easily rent out lah to cover the monthly payment. Houses? Good luck renting out to cover your monthly payment. Also "high valuation" of landed properties all mostly bullshit one. You have to depend on another greater idiot to take over from you then only you can exit.
Artus
post Jan 22 2015, 12:25 AM

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QUOTE(holybo @ Jan 20 2015, 08:25 AM)
are you sure your personal loan is 3.13% p.a? need to judge on your personal loan interest before paying it off. DO NOT finish 50k as you need it as emergency fund if anything happens. Rent out 1 of your unit cheaper, sure got people want to rent 1.
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TS is one job termination letter away to financial disaster.

 

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