Quote:
Originally Posted by Unregistered
Average Joe,
You are in deep sh.it. Who is your stupid financial advisor?
You are super overleveraged. You must sell what ever you have to reduce your debt.
If you are living in a condo, you better sell and buy a 4 room HDB flat.
When interest rates rise, you will be in big trouble.
Don't listen to foolish people. |
How did you arrive at the conclusion? You don't even know what and how much are his assets? His assets are probably worth more than $2m. If he could generate $80K passive income pa, that is more than enough to sustain any spike in interest.