Can You Really Sell HDB Buy 2 Condo? 🤦‍♂️ ("Asset Progression" Explained)

Описание: Sell Your HDB to Buy 2 Condo? Yes if you have the financial capability. That's called upgrading.
BUT NO if you are below a certain income range, THIS IS WHY... 🧐

I did this video to warn anyone who is borderline or can't comfortably afford big mortgages.
Selling your HDB now when you are comfortable to buy condo can be a costly financial mistake because property investment is a very long term game.
And bad choices on affordability can cost long term financial damage.

There are EXACT DETAILS of this concept and you decide if it suits you!
Share this video with anyone who can benefit

1:10 Start of case study of a couple
3:01 Affording a $1.073m 3 bedder condo
3:31 Real examples for you with pricing
4:04 Real calculations at point of buying
5:55 How agents present the "opportunity"
6:40 Actual financial planning questions
9:20 Scenario planning, total expenses without rental income
10:52 Two key financial planning tips

Tools for mortgage calculation: https://www.propertyguru.com.sg/mortg...

Finance and investment books I'd recommend you to become a better investor.
1) One Up On Wall Street: Why? One of the best books on why anyone can pick a right stock!
Click here - https://amzn.to/2yegHT8
2) Think like the great investors: Why? The part on investor over-confidence is a must read!
Click here - https://amzn.to/2K8afzC 👍
3) 100 Baggers: Why? The section on great depression is a must read gem!
Click here - https://amzn.to/3baFohN
4) Rich dad poor dad: Why? One of the best books I read on asset and liabilities that shaped my financial understanding at age20.
Click here - https://amzn.to/2XH6Rnk 👍

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About Josh:
Josh holds a degree in Accounting.

In 2016, he co-founded the financial education website TheAstuteParent to provide detailed insurance plan analysis and financial planning tips to help you kickstart your journey towards financial freedom.

As a ChFC charterholder, Josh has agreed to be bound by the ChFC®️/S Code of Ethics. This includes, among others, acting in a professional manner when it comes to conducting due diligence on primary and secondary sources of investment-related data, and articulating his investment opinions based on his research and beliefs. Based on his research and analysis, he highlighted his beliefs and opinions, and illustrated the concept of time value of money, as of the time of the video. No products were advertised.

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