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Over gearing is not a path to wealth creation. Ability to borrow doesn't mean ability to repay.

This post has been edited by icemanfx: Jan 31 2019, 05:40 PM

I remember during his preview he mentioned started doing it dunno how many years already still surviving

Property bull run is OK, now not bull run, have to be cautious. Somehow properties are the most secured collateral type compare with the rest. The value is always there but you need to have holding power, else sure get burned

In view of the current new projects are mostly selling future price, loan compression is difficult to work

the way he calculate is somehow make sense one.
the most important is the property you buy have to be really appreciate in future.

hold on there, consulting crystal ball

Ya, the calculations seems valid.

I am just wondering why he is so confidence on his students' refinancing capability a decade later. Yes, a 300k property will end up around 500-600k 10 years later, but how about the borrower dsr?

When he start? If he started from 2003 till 2008, he is very rich. If he started in 2012 until 2017. Different story, probably bankrupt, or near bankruptcy.

Wah pay 4k to attend course that teach you how to go holland. Why so impatient leh. Why not play the long but safe guaranteed game?

But i thought the customer said he bought for his children????

Appreciation got use meh????

Become a slave for his children for life????

I can tell you terang terang my real case.

Property is in puchong landed....

Bought in 1997 for 235k
Sold in 2007 for 320k.......

Pls dun assume all property will double or tripple in price..
..one way to hollandland....

Not bad, at least you're not selling at loss

When u buy landed at built up areas, it rarely made losses....if you hold it lonv term.

Cant say if you buy at ulu places

Anywhere just want to pointed out that not all popety will increase one fold or two.......tis kind of thinking or expectation really need to reviist........

CAGR 3.1%. This case validates Aunty icy’s Fd/inflation statement 😂

That's true, no guarantee....

Bro you sell at 2007 for 320k, how about market value?

This post has been edited by freedom8901: Jan 31 2019, 07:12 PM

about there...….highest 350-360k but different and newer phases.

sifu even tell u which property to buy, coz he can earn commission also.

sifu dont calculate the risk like that, he is risk taker , his course is for believer


appreciate jor can sell ma, sell 2 den can fund his children education already, another 2 give each children one.

This was right before the 1998 crash. Do u think it would be different if u had bought at 1999? Anyway i dont agree with this holland guru.

would really not mind paying him a big percentage of future hypothetical profit if he agrees to take a big percentage of potential loss😏