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Old 07-06-2016, 12:35 PM
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Quote:
Originally Posted by lazyplane View Post
Normal ? Super -ve networth (if you just consider your HDB debt) vs your free cashflow. My rationale is that HDB "value" is not an asset that can be monetise to free cash flow. Even if u sell, you need to find another place to stay and hence still cash negative.

However, the HDB is a real liability as it has to be paid and will hit CPF savings and free cashflow and will impact networth building.

From now til you achieve a real free cashflow (ie excess cash above your HDB debt), there are many paths to building your networth.

Most conservative - Repay HDB debt aggressively and build CPF to earn interest.

Aggressive - Invest in equities etc.

Super aggressive - Buy another home for rental . Not for the faint hearted especially in these days. May also not be best option now.

The good thing is everyone is on the same track unless they have inheritance.
hdb loan at 250k. cpf 30k. so we are -210k nett savings
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