Jun 18 2025, 02:36 PM
QUOTE(scorgio @ Jun 15 2025, 03:20 PM)
We use 2.8%pa as HP interest rate for reference.
After 9 years of repayment, the effective interest rate is actually 5.15%pa.
So if one can constantly get 6% return pa from the cash he saved, that's only 0.85% of gain.
When EPF also cannot guarantee min 6% over a 9 year span.
SPY, QQQ, VOO all close 1 eye, no need to check also get free money.After 9 years of repayment, the effective interest rate is actually 5.15%pa.
So if one can constantly get 6% return pa from the cash he saved, that's only 0.85% of gain.
When EPF also cannot guarantee min 6% over a 9 year span.
Quote
0.0255sec
0.55
6 queries
GZIP Disabled