The condo I am staying in - fully paid up
The other two investment properties: combined value $1.6M, combined loan remaining $0.8M
Not worried about interest rates rising at all. The income from the rent already covers the loan repayment+tax+maintenance+agent fee etc etc for both properties. Even if one or both of the properties have a tenancy problem, my monthly
cpf contribution more than covers one monthly payment, and my salary is more than double of the other loan.
I have not much cash because - I invested it in the properties lah !
My question is - in the eyes of other people, what type of car does someone with my financial profile ought to drive?
Admittedly its a very personal question, with no right or wrong answer. But I am curious to see the views of other people.