Gosh it has been a long while since I update my blog!
Anyway just an update...
FINALLY we consulted Long Tian Xiang Shifu today for wedding dates!! (A geomancer which is recomended in SG brides)
Yes..Yes..finally after sooo looongg! (Sigh..Long story..)
Got to know a little more about both of our Ba Zi and happy to hear good things about it. =)
Also learnt about the procedures and things to buy and do for An Chuan, Guo Da Li and on the Wedding day. Glad everything is kinda simplified and only a few that we need to adhere strictly.
So now we need to quickly pick a date and get things going....
Also insider info from our lovely neighbours that we might be able to get our keys in early 2013 (if the info is reliable)...Yeah!!
Saturday, October 22, 2011
Tuesday, June 21, 2011
6 Reasons Why You Should NOT Repay Your Housing Loan Early
I think this is a very insightful read especially for those who are getting a flat soon.
It was surfaced in Yahoo before and I chanced upon it again so I must make it a point to share so that you can ponder over it.
An extract below:
Click here for more:
http://www.bigfatpurse.com/2009/01/6-reasons-why-you-should-not-repay-your-housing-loan-early/
1) It is the cheapest loan
Housing loan is the cheapest loan you can ever get from banks. The interest is about 3-4% and you compare it to car loan (7%), unsecured personal loan (14%) and credit card loan (24%). You can see the contrasting difference! Don’t you think you should leverage on the cheapest loan available to you?
2) Your networth remains the same
Repaying your housing loan early does not increase your net worth. This is because you are just taking your cash from your bank and putting it into the house. Worse, you are actually freezing your cash.
3) Losing your life and money
Having a mortgage insurance can help you in the event of death or total disability, where your loan will be paid off by the insurance. The cash or CPF monies can be left for your beneficiaries. If you have repaid the loan using your cash and CPF, you would have lost this advantage.
4) Opportunity Cost
With the cash in hand, you can invest and generate better returns. Rather than being cash strapped, you have the purchasing power to pick up real bargain stocks when the market crashes. Again, it will not be possible if you have your money locked in the house.
5) Use Interest Offset Loan
With an interest offset loan, you can earn interest on your cash to offset 100% of your housing loan interest you pay on your loan. This equates to repaying your loan, but with the liquidity of your cash where you can deploy when good investment opportunity arises.
6) Buy Single Premium Endowment
If you do not know how to invest and would want to avoid all ‘risky’ products, you can buy a single premium endowment, maybe for 20 years at 3.5% annual return. This would be able to offset your housing loan interest.
It was surfaced in Yahoo before and I chanced upon it again so I must make it a point to share so that you can ponder over it.
An extract below:
Click here for more:
http://www.bigfatpurse.com/2009/01/6-reasons-why-you-should-not-repay-your-housing-loan-early/
1) It is the cheapest loan
Housing loan is the cheapest loan you can ever get from banks. The interest is about 3-4% and you compare it to car loan (7%), unsecured personal loan (14%) and credit card loan (24%). You can see the contrasting difference! Don’t you think you should leverage on the cheapest loan available to you?
2) Your networth remains the same
Repaying your housing loan early does not increase your net worth. This is because you are just taking your cash from your bank and putting it into the house. Worse, you are actually freezing your cash.
3) Losing your life and money
Having a mortgage insurance can help you in the event of death or total disability, where your loan will be paid off by the insurance. The cash or CPF monies can be left for your beneficiaries. If you have repaid the loan using your cash and CPF, you would have lost this advantage.
4) Opportunity Cost
With the cash in hand, you can invest and generate better returns. Rather than being cash strapped, you have the purchasing power to pick up real bargain stocks when the market crashes. Again, it will not be possible if you have your money locked in the house.
5) Use Interest Offset Loan
With an interest offset loan, you can earn interest on your cash to offset 100% of your housing loan interest you pay on your loan. This equates to repaying your loan, but with the liquidity of your cash where you can deploy when good investment opportunity arises.
6) Buy Single Premium Endowment
If you do not know how to invest and would want to avoid all ‘risky’ products, you can buy a single premium endowment, maybe for 20 years at 3.5% annual return. This would be able to offset your housing loan interest.
Tuesday, April 19, 2011
Finally....
my health gave way...I am on MC today..
Somehow I felt pretty happy to be away from work. =P
But I felt terrible last night running a fever..=(
Knocked off early to go home rest as I had been unwell since yesterday morning. Missed my first lesson of hatha yoga which I have been looking forward to...haiz...
Anw Matt reservist is ending soon..yeah!! Haven't been in contact with him since Sat night as he is outfield since Sun morning..I miss him...
Somehow I felt pretty happy to be away from work. =P
But I felt terrible last night running a fever..=(
Knocked off early to go home rest as I had been unwell since yesterday morning. Missed my first lesson of hatha yoga which I have been looking forward to...haiz...
Anw Matt reservist is ending soon..yeah!! Haven't been in contact with him since Sat night as he is outfield since Sun morning..I miss him...
Tuesday, March 8, 2011
A few nice places to try....
Me and Matt don't really shop unless we have things to buy, so we seldom frequent malls especially on Friday and Weekends!! =P But what we can't really resist is FOOD!! We are suckers for Sashimi, that explain why we love JAPAN!! heeeeee...oh did I mention we actually try RAW HORSE MEAT over at Tokyo. Honestly it tasted like fish and was delicious, however psychologically I wouldn't want a second piece.
Anyway I have found some interesting places that I have lined up to go for our pak tou..
Shin Minori @ UE Square
http://www.shinminori.com.sg/
Mixed reviews at Hungry Go Where
Wonder if it is good..guess gotta try for ourselves.
@ Punggol
Read Sunday Papers and discover that there is this ulu place newly opened at Punggol with a few restaurants. Looks like a very nice chill place to me. Not very accessible by train or bus. Matt mention we can go there explore someday. Yeah!! :) Another place to hang out in our future neighbourhood besides Jalan Kayu. Can jio the gals there in future when we all move!
Box n Sticks
Opening Hours
Mon–Thu: 11.30am – 11pm
Fri: 11.30am – 2.30pm
Sat: 6pm – 2.30am
(Closed on Sun)
Anyway I have found some interesting places that I have lined up to go for our pak tou..
Shin Minori @ UE Square
http://www.shinminori.com.sg/
Mixed reviews at Hungry Go Where
Wonder if it is good..guess gotta try for ourselves.
@ Punggol
Read Sunday Papers and discover that there is this ulu place newly opened at Punggol with a few restaurants. Looks like a very nice chill place to me. Not very accessible by train or bus. Matt mention we can go there explore someday. Yeah!! :) Another place to hang out in our future neighbourhood besides Jalan Kayu. Can jio the gals there in future when we all move!
Box n Sticks
Opening Hours
Mon–Thu: 11.30am – 11pm
Fri: 11.30am – 2.30pm
Sat: 6pm – 2.30am
(Closed on Sun)
Saturday, March 5, 2011
Tired....
And almost brain dead....
Haven't had a real good rest since I am back from Tokyo..
Got back to work the very next day..clear the piled up docs and emails..and still loads of docs waiting for me to file..the sacrifices that I made for my trip. PRE and POST trip sacrifices..
Now that I have received my bonus and increment....so is it the right TIME??
I always have that emotional issue that held me back...as in it is not right to leave just like that esp the guilt towards my boss, like leaving her to fend for herself and will she be able to cope..etc...
C'mon gal..Never have such emotional attachment towards work..it's your future that matters the most..time to think for yourself and not others and esp not the company..
Target: I want to get into a big bank or oil company!! =)
Haven't had a real good rest since I am back from Tokyo..
Got back to work the very next day..clear the piled up docs and emails..and still loads of docs waiting for me to file..the sacrifices that I made for my trip. PRE and POST trip sacrifices..
Now that I have received my bonus and increment....so is it the right TIME??
I always have that emotional issue that held me back...as in it is not right to leave just like that esp the guilt towards my boss, like leaving her to fend for herself and will she be able to cope..etc...
C'mon gal..Never have such emotional attachment towards work..it's your future that matters the most..time to think for yourself and not others and esp not the company..
Target: I want to get into a big bank or oil company!! =)
Friday, February 18, 2011
Nice Chill Out Places....
Always had a hard time thinking of chill out places with nice ambience for beer, wine and dine! I am gona take this recommended places down in my blog to help myself remember! =P
White Rabbit
39C Harding Rd., 6473-9965.
The sprawling whimsical garden of Alice in Wonderland comes to mind when you set foot in Rabbit Hole, a bar behind the much-loved White Rabbit restaurant. With rustic swings, quirky ornaments and wooden benches plotted across the spacious garden, you and your partner can enjoy classy drinks in a charming environment.
Let DJ Has and his merrymakers complement your night with sexy and soothing house music while you sip on their signature martinis, margaritas and mojitos.
The Toucan Irish Pub
15 Duxton Hill, 6223-5950
This one is a favorite among expats and locals for both its authentic Irish delicacies and its location. Situated away from the bustling city, the pub evokes a folksy charm similar to actual watering-holes in Ireland. With its cozy indoor area fitted with wooden panels and furnished with faux-teak tables and chairs, the pub looks as quaintly Irish as it can get.
But the real draw is in its beer garden. Here, the lush lawn, bench seating, wooden barrows and a wishing well provide that laidback vibe ideal for large gatherings with friends and family - a perfect alternative to sweaty and suffocating confined spaces.
Red Dot Brewhouse at Dempsey
25A Dempsey Rd., 6475-0500.
In the heart of Dempsey Hill sits Red Dot Brewhouse, famed for its flavorful self-brewed beers.
Housed in century-old former military barracks, the building's rich history, coupled with the lush greenery of the adjoining beer garden is sure to keep you comfortably rooted.
Select from the microbrewery's long list of freshly brewed ice cold beers to start off your garden booze session on a perfect note.
White Rabbit
39C Harding Rd., 6473-9965.
The sprawling whimsical garden of Alice in Wonderland comes to mind when you set foot in Rabbit Hole, a bar behind the much-loved White Rabbit restaurant. With rustic swings, quirky ornaments and wooden benches plotted across the spacious garden, you and your partner can enjoy classy drinks in a charming environment.
Let DJ Has and his merrymakers complement your night with sexy and soothing house music while you sip on their signature martinis, margaritas and mojitos.
The Toucan Irish Pub
15 Duxton Hill, 6223-5950
This one is a favorite among expats and locals for both its authentic Irish delicacies and its location. Situated away from the bustling city, the pub evokes a folksy charm similar to actual watering-holes in Ireland. With its cozy indoor area fitted with wooden panels and furnished with faux-teak tables and chairs, the pub looks as quaintly Irish as it can get.
But the real draw is in its beer garden. Here, the lush lawn, bench seating, wooden barrows and a wishing well provide that laidback vibe ideal for large gatherings with friends and family - a perfect alternative to sweaty and suffocating confined spaces.
Red Dot Brewhouse at Dempsey
25A Dempsey Rd., 6475-0500.
In the heart of Dempsey Hill sits Red Dot Brewhouse, famed for its flavorful self-brewed beers.
Housed in century-old former military barracks, the building's rich history, coupled with the lush greenery of the adjoining beer garden is sure to keep you comfortably rooted.
Select from the microbrewery's long list of freshly brewed ice cold beers to start off your garden booze session on a perfect note.
Wednesday, January 5, 2011
6 to 14 Feb...Tokyo here I come..... =)
My 2nd trip to Japan....Super Duper Excited!!
Last min changes...Thanks to ANZ credit card promo!!
Supposed to go Bangkok but now we grab the opportunity to go Tokyo!! =P
We only got our SQ tickets to Tokyo at $544!! The normal price is abt $1K plus!!
Disneyland...Mount Fuji...woooooo....weeeeeee....Hope I can see some snow!!
Last min changes...Thanks to ANZ credit card promo!!
Supposed to go Bangkok but now we grab the opportunity to go Tokyo!! =P
We only got our SQ tickets to Tokyo at $544!! The normal price is abt $1K plus!!
Disneyland...Mount Fuji...woooooo....weeeeeee....Hope I can see some snow!!
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