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Old 09-10-2013, 07:00 PM
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I cant believe he would go all this trouble to "keep" face. It is not like he has committed a crime. They already know he lost his job, so what is there to hide? People lose their job, their health all the time. What is important is that he is open and honest.

People will still talk (behind your back) like it or not. No need to try to explain that he is now investing in OCR with better growth potential. People can see through this especially when they know he already lost his job, and that he has to sell off his bigger CCR condo just to be able to buy an OCR condo. It would be a different story if he buys the OCR condo and rent out his CCR condo.


Quote:
Originally Posted by Unregistered View Post
My brother loves the idea, he is really excited. Thanks to fellow forumers here who contributed with the idea.

What he likes most of the idea is the fact that he is still able to own a condo which is paid up and yet have the means to invest. He can tell his family and friends that he is exiting from his investment in his current old condo, which is located in CCR, which has not much upside potential and now invest in a very new condo in a growing OCR with lots of upside potential. Hence, by doing this, they will see him as an astute investor and he gains their full respect despite him being jobless.
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