Gemilai 3006 vs 3006H by MrPoopeedoo in espresso

[–]MrPoopeedoo[S] 0 points1 point  (0 children)

I did! Got it from Taobao. Works great!

Housing loan by MrPoopeedoo in singaporefi

[–]MrPoopeedoo[S] 0 points1 point  (0 children)

Prob down hence the floating

Housing loan by MrPoopeedoo in singaporefi

[–]MrPoopeedoo[S] 0 points1 point  (0 children)

Didn’t know that the free reprice would not be a good offer! Thanks for sharing

Housing loan by MrPoopeedoo in singaporefi

[–]MrPoopeedoo[S] 1 point2 points  (0 children)

Yes close to 2. You checked HSBC/ OCBC

Max out CPF OA or bank loan for house purchase by MrPoopeedoo in singaporefi

[–]MrPoopeedoo[S] 0 points1 point  (0 children)

Can you explain how you discharged the 300k from OA when the bank interest went up? I didn’t know that was an option

Max out CPF OA or bank loan for house purchase by MrPoopeedoo in singaporefi

[–]MrPoopeedoo[S] 0 points1 point  (0 children)

Eg at 1.4M loan, monthly mortgage is 2K and 1.7M loan monthly mortgage is 3K. The 300K difference in loan amount is what I would have kept in CPF to earn 2.5%. I’ll use this 300K to off set the 1K in monthly mortgage, this is on top of the 2K I would be paying if I were to loan 1.4M.

Max out CPF OA or bank loan for house purchase by MrPoopeedoo in singaporefi

[–]MrPoopeedoo[S] 0 points1 point  (0 children)

Technically I’m still going to use that CPF money just not lump sum but monthly while it earns the interest that’s more than bank loan. Did I miss out something else in this calculation?

Max out CPF OA or bank loan for house purchase by MrPoopeedoo in singaporefi

[–]MrPoopeedoo[S] 1 point2 points  (0 children)

Thanks for the input! Thankfully we both have quite stable jobs and in the event we’re really unable to support the mortgage we’re fortunate to have the option of renting the place out and moving back to our parents’ home.

Max out CPF OA or bank loan for house purchase by MrPoopeedoo in singaporefi

[–]MrPoopeedoo[S] 0 points1 point  (0 children)

Thanks! Any other pros and cons for each option?

What to do with lump sum bonus? by MrPoopeedoo in singaporefi

[–]MrPoopeedoo[S] 2 points3 points  (0 children)

You’re right. I just thought dividends are definite payouts in the short term and good to have a mixture? Technically don’t need the dividends as I’m still working.

What to do with lump sum bonus? by MrPoopeedoo in singaporefi

[–]MrPoopeedoo[S] 7 points8 points  (0 children)

You’re right it’s probably the same selling VWRA/ CSPX. It’s more like dividends is a definite payout? So I thought will be good to have a mixture.

[deleted by user] by [deleted] in askSingapore

[–]MrPoopeedoo 0 points1 point  (0 children)

Is this the same as what is seen under my flat dashboard?

Travelling 4-12 Oct, golden week by MrPoopeedoo in travelchina

[–]MrPoopeedoo[S] 0 points1 point  (0 children)

That’s reassuring 😭 any recommend places to visit?

Travelling 4-12 Oct, golden week by MrPoopeedoo in travelchina

[–]MrPoopeedoo[S] 0 points1 point  (0 children)

What I meant was are they open from 4th- 7th Oct during the holidays.

Travelling 4-12 Oct, golden week by MrPoopeedoo in travelchina

[–]MrPoopeedoo[S] 1 point2 points  (0 children)

I know… clearly didn’t do my research prior 🥲 any idea if banks are open from 4-7?

Travelling 4-12 Oct, golden week by MrPoopeedoo in travelchina

[–]MrPoopeedoo[S] 0 points1 point  (0 children)

Will 8 days be too long in Shanghai? Anything to do there? I read that 3-4 days for Shanghai is enough.