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Know your Net Worth

I’m probably having what you may call the “mid-life crisis”. Screw that, probably this really is it — it is when you often sit down at the coffee shop with a cup of Kopi-O and think about all the things… Continue Reading →

BMW Buyer vs Public Transport Fan?

I read this article and couldn’t resist my urge to bang wall. http://ride.asiaone.com/features/opinion/story/bmw-buyer-versus-public-transport-fan Comparison of extremes First, the example of an expensive $220K BMW 3-series is a little way off the charts as a basis for comparison against public transport…. Continue Reading →

On car loans again

I just read this article. I found this statement by Tan Huey Min, general manager of Credit Counselling Singapore a little misleading: Over the long run, if you pay off the loan in eight years, the amount you have paid… Continue Reading →

Writing reinforces knowledge

I haven’t been blogging for a while. A lot of blogging activities actually shifted to Facebook. The same goes for many of my friends who used to blog; their blogs have been deserted and their last posts date way back… Continue Reading →

Budget 2013 and what it means to the Singapore Car Buyer, part 2

This is a continuum to my earlier post: Budget 2013 and what it means to the Singapore Car Buyer. Bank interests up So one of the predictions have already come true: Bank interests are up across the board. Here’s the… Continue Reading →

The truth about offsetting loans with investments

I’ve often heard people say it is easy to overcome the low car loan interest rates. While it may be 1.88%, the effective interest rate is much higher than that, about 4%. And people will tell me that it is… Continue Reading →

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