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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 →

Budget 2013 and what it means to the Singapore Car Buyer

Many interesting debates sparked off when the Singapore Budget 2013 was released, but it seems the change in regulation related to the local automotive industry made the biggest impact, especially to those who have been waiting and waiting to buy… Continue Reading →

2013: Resolutions

I like my resolutions being a bit open ended. Some people like a fixed achievement, e.g. lose 5kg, save $10,000. Those I would call goals; multiple goals can be derived from a single resolution. To me, resolutions are meant to… Continue Reading →

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