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 is it better to keep money in FD, or take the money out to buy property

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spacelion
post Dec 4 2019, 05:29 PM

Ada Liu
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Senior Member
1,692 posts

Joined: Mar 2009
From: Probation?
QUOTE(timidandslow @ Dec 4 2019, 05:23 PM)
today , i already have 300k in FD. now am thinking to buy a condo which costs 300k. is it better to buy the property with cash, or take a 90% flexi loan then move all my money from FD into the loan to reduce the interest payable ?
*
err u never buy property with cash unless u have some money trail to hide

 

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