Salary.sg Forums - View Single Post - How much are you earning per annum?
View Single Post
  #5902 (permalink)  
Old 13-11-2014, 11:19 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
The smartest investors don't change car unnecessarily, even though they have made lots of money from stock and property markets.

I sold my landed last year and downgraded to a penthouse condo. I used my cash to buy a brand new car. My previous car was 9 years old.
You are a very smart investor. Landed properties prices are falling fast from last year. You sold at the peak. Many landed property owners and developers now facing difficulty selling their landed properties as buyers know prices are still falling. Prices of landed properties will only reach the bottom of the landed property cycle in 2020. Those who own landed properties now are fools and those who cash out of their landed properties last year are the real property gurus.

Reply With Quote