🔥 Upcoming property webinar "How to TRIPLE the returns of CPF special account by buying the right property?” 🎬 Register now! 📌 bit.ly/savvyrich3 ⏩ Fast Track 1-1 consultation program info --- bit.ly/savvywa

Most young working adults will benefit from watching your channel.

@savvyericchiew

4 ай бұрын

Welcome to team huat kueh! 🥳

very true !! lastly ! is not gov playing around too, they have to make adjustments for all circumstances that change ! is our role to balance the portfolio , dun throw all money into one pot :)

You're right, CPF SA is not really "risk free" since there is actually policy change risk! Haizzz. But I think, property purchase can also be even more risky. So, good to balance both type of investment lah hor. My personal opinion! Btw, the CPF SA is closed for only members above 55. Those under 55 will still have their SA, which earns 4% p.a. "risk free" until age 55. You invest in REITs and blue chip also get dividend around 4-5% only, ditto T-bills. Important to diversify in this day and age.

@savvyericchiew

4 ай бұрын

👍👍

@user-mu7sh2gu4h

4 ай бұрын

There are investment options other than property that generate higher than 4-5% pa, for example, investing in S&P500 long term will generate 8% pa. Just an example.

@kelvynchin1968

4 ай бұрын

@@user-mu7sh2gu4h oh, you can also earn a lot from property (capital appreciation + rental). Frankly, I prefer property compared to investing in the S&P500. It's more stable investment over the long term. (I'm talking about Singapore property, not Malaysia property).

@savvyericchiew

4 ай бұрын

@@user-mu7sh2gu4h definitely a better way than to get money stuck at 4% 😊

@phoenixkoo591

4 ай бұрын

Using oa for property will incur accrued interest that we hv to return upon selling the property ... which can b a lot ... n was told unless I dun sell the property, then no nd to pay bck the accrued interest but tat will mean till the day I pass on, I can't sell the property to buy a "better one" using cpf oa hence all these money used for property can only be passed on to my kids since they dun hv to pay back the accrued interest to my cpf account when they sell the property inherited since I m gone and no more cpf account. I was told as a result of this accrued interest payback, it is better to not use too much cpf oa to buy property. Yr view?

Eric, whats your view on the latest budget for property. Tot garment will increase ceiling cap for ec but nah~~

@savvyericchiew

4 ай бұрын

I can do another video on property 👍

Loo 1M65 is just a one trick pony.. CPF maxing out contribution.. his financial advices are generally quite misleading and terrible for newbies.. just one of those 'gurus'.

@savvyericchiew

4 ай бұрын

I hope younger gen to be more wise and follow the right way and method to build assets 👍

Thanks a lot for your video!! Can I ask for your advise? Today, I checked Lumina grand, 1.48 for 936 sdft 3b2b = 1590psf. Shall I go or wait for plantation close1? I felt now price is not good for lumina anymore as I m too late and might as well wait for plantation close 1 coz got princess Elizabeth primary (I need a good sch but ACS in 2030 p1 is too late for my son) .

@savvyericchiew

4 ай бұрын

Plantation close may sell at same price as Lumina Grand. If you like to have your PEP then you wait for the launch 👍

Exciting!!

Thanks Eric for this informative video 🥇

@savvyericchiew

4 ай бұрын

Welcome! Focus on property! ✌️

Eric do you recommend using OA or cash for mortgage (20% of monthly income) for a young 30 year old couple buying their first private property?

@savvyericchiew

4 ай бұрын

Yes that’s the use of CPF, to buy property 👍

Steady! I like the simple explanation Sia!

@savvyericchiew

4 ай бұрын

Thanks man cos it’s really confusing 😆

@endor8witch

4 ай бұрын

that's not Sia, that's Eric Chiew

@savvyericchiew

4 ай бұрын

@@endor8witch 🙏🏼🙏🏼

Don’t expect free lunch from CPF. If SA can be close; OA and RA can also be adjusted so to keep you from reaching your own money. Leave everything in OA. Period.

@savvyericchiew

4 ай бұрын

I agree! ☝️

@ngym20s

4 ай бұрын

Cpf may changes rules to disallow ppl from using oa to buy properties...ho se

@savvyericchiew

4 ай бұрын

@@ngym20s anything is possible so use first 😆

SA can only top up to current FRS. I dont think 1M65 have 1MM in SA... So the calculated returns are optimistic inflated. The 1.5% diff is a lot lesser than what it seemed. So I am pretty confused why people get "angry".. 😅

Thank you for this informative video

@savvyericchiew

4 ай бұрын

Welcome to team huat kueh 🥳

Eric, correct me if I am wrong, but wouldn’t OA and SA combine at 55 to become RA and get 4% interest too?

@savvyericchiew

4 ай бұрын

No more SA after 55

house always wins. Locking away hard earned money, never to be seen again, in return for trickle monthly.. better ensure one lives past 120yrs to make it worthwhile..

@savvyericchiew

4 ай бұрын

Totally agree 💯

Good video!!!

@savvyericchiew

4 ай бұрын

🥂🥂

Huat Kua Gang !!! I love it !!!

@savvyericchiew

4 ай бұрын

HKG ftw! 🥳🥳

Huuuuuat ah Eric, again another great video!

@savvyericchiew

4 ай бұрын

Xie Xie! 👍

Haha. Have been looking forward to your video since govt announcements. We are part of the huat kuey gang.

@savvyericchiew

4 ай бұрын

I’m still in CNY mode 😆 HKG FTW! 🥳🥳

Thank you

@savvyericchiew

4 ай бұрын

🥂🥂

Next year confirm property price will rocket super high. Most if not all OA$ confirm will be withdrawn to invest on property. Huat Ah! 👍👏

@savvyericchiew

4 ай бұрын

Huat kueh growing for everyone 🥳🥳

great to be part of the huat kueh gang!

@savvyericchiew

4 ай бұрын

Welcome to HKG!

Should I do volunteer housing refund to OA so that I can buy a second property ? Currently owning an EC with my wife name.

@savvyericchiew

4 ай бұрын

Depends on case to case basis, usually loan will take care of that 🥂

totally agree with you sir. nothing is risk free...moreover...we all already should know that garment always can change the tnc for cpf...not the first and wont be last in this case. They change your minimum sum how many times liao?Wa lao...this SA change...frankly no surprise. but thanks for the sharing...just need to remember to be prudent since you are playing ball in 'other people's' court...though knn that is still your money! LOL the irony of things

@sadako2009

4 ай бұрын

also...ya..dont blame people for your own fault..very right..these youtuber never force u or point gun at you to follow them what...u kids meh?milk spill liao want to cry foul..walao ehhh

@savvyericchiew

4 ай бұрын

Let’s hope more ppl stop doing this method 🥂

@savvyericchiew

4 ай бұрын

Welcome to team huat kueh! 🥳

Using oa for property will incur accrued interest that we hv to return upon selling the property ... which can b a lot ... n was told unless I dun sell the property, then no nd to pay bck the accrued interest but tat will mean till the day I pass on, I can't sell the property to buy a "better one" using cpf oa hence all these money used for property can only be passed on to my kids since they dun hv to pay back the accrued interest to my cpf account when they sell the property inherited since I m gone and no more cpf account. I was told as a result of this accrued interest payback, it is better to not use too much cpf oa to buy property. Yr view?

@savvyericchiew

4 ай бұрын

Best is to use cash but not everyone has enough. Capital gains will outweigh cpf accrued interest too so it’s ok to use 👍

do you recommend do a cash top up to CPF SA up to 8k each year as there is a tax relief for doing that?

@savvyericchiew

4 ай бұрын

I don’t do that also 😆

Hi, Some curious questions to ask. I'm quite new to your channel and is still are trying to catch up your old videos. For people who are single and wants to buy condo. 1) how much cash and cpf OA should we have separately to afford one? 2) what is the recommended salary range to get afford or get loan? Your reply to my questions is appreciated. Thank yoy Mr Huat kueh

@savvyericchiew

4 ай бұрын

Welcome to Huat channel 1. Both to add up to min of $310k to buy 2br and $350k to buy 3br 2. The higher the better. There’s way to get more loan

Investing in property does NOT guarantee a return in excess of 4% and it is also exposed to policy risk. The advantage of property investment is the ability to leverage to enhance return. But leverage can work both ways.

Properties also carry the same policy risk as CPF, no? OA money amount used for property can be limited also.

@savvyericchiew

4 ай бұрын

You can use all OA for property before 55 and the returns is many times more than CPF SA 👍

@wynn8888

4 ай бұрын

I wonder where have you heard this info “OA money amount used for property can be limited also” from? Property risk usually are external risk and if that really happens, everything else is affected too.

@savvyericchiew

4 ай бұрын

@@wynn8888 well said man!! 🥂🥂

@thureinoo

4 ай бұрын

@@wynn8888 I didn't hear it for anywhere. It's just an example of how Govt can tweak their policy. The have limits set for CPF OA usage on Stocks & Gold. They could set the same for Private properties if they wanted to. We never know.

@david888a

4 ай бұрын

@@thureinoo that’s why u don’t let the government control your money…invest outside CPF to get better returns , forget the top up just to save taxes. Treat CPF strictly as a retirement fund…nothing else.

If one lives overseas, and is planning to renunciate their singapore citizenship, can we get back our SA money bwfore the age of 55?

@savvyericchiew

4 ай бұрын

I think so

can you share your views on Lentoria or Lentor Mansion? thank you!

@savvyericchiew

4 ай бұрын

Will review Lentoria in few days time 🥂

sad to say, the moment i graduated i started working in the U.S, so i don't have any CPF.. :( is it stupid if i paid my downpayment for a property in full cash (25%)? looking to buy a 3BR new launch...budget around 450k-500k for downpayment in cash. My friends tell me i'm dumb and i should just buy a resale HDB to invest the rest in stock market

@savvyericchiew

4 ай бұрын

I have SG clients living overseas who engaged me to build their portfolio. They feedback to me that SG props returns are much higher. I hope you can buy SG and use the returns to enjoy your overseas lifestyle 🥂🥂

Eric when are you going to announce what’s the anniversary giveaway? I think I might have better chance being the lucky winner for the giveaway than for the $12mil hong bao draw this Friday.

@savvyericchiew

4 ай бұрын

Thanks for your patience! I will share this month end 👍

If one is buying property via cash , do you recommend commercial or residential property?

@savvyericchiew

4 ай бұрын

Aiyo this one still need to ask meh? 😆

@david888a

4 ай бұрын

Obviously residential,more people looking to rent house/condos , stable passive income than commercial property…

@savvyericchiew

4 ай бұрын

@@david888a well said 🥂🥂

Critical thinking for young adults: This guy is a property agent. So every property you buy from him, he earns a commission, so transferring OA to SA affects his ricebowl because he has less income. SA closing at 55 years old does not affect the use of SA as a 4% savings account till 55 years old. In fact, by transferring OA to SA from 35 - 55 years old. You have 20 years to save 1.5% compounded interest more so you can withdraw much more money out at 55 years old. Compared that to buying property and locking your OA monies AND accrued interest up in the property, praying in 20 years you can sell your property for a profit after covering the CPF refunds/accrued interest/levies/ABSD. So please think carefully!

@savvyericchiew

4 ай бұрын

Hello bro, how many times must I say I’m not an agent 😂 don’t be sad if you have put money into SA instead 😆 Your theories are indeed interesting 🤣

@interestingtheories1101

4 ай бұрын

@@savvyericchiew I transfer my OA to SA because I fully paid up my property already. I intend to withdraw out the extra cash, less FRS, at 55 years old, so SA closure does not affect me. I'm not pumping my additional cash to CPF, better investments out there to grow but I think OA sitting in OA is waste of opportunity since it can be grown at 4%. If I go buy a 2nd property, I need to pay 20% ABSD which is in current environment means I probably can't buy any condos, even those super small and pointless studio shoeboxes.

@savvyericchiew

4 ай бұрын

@@interestingtheories1101 happy to know you have a fully paid property! Well done! 🥂

wa, this video numbers of comments like will break record. last time got ppl say pty is KKQ asset, now SA also KKQ.

@savvyericchiew

4 ай бұрын

Divide by 2, cos I replied everyone 🥂🥂

Lol anything that is within SG (SG property, CPF etc.) has policy risk lah....what if next time gov says married couple cannot decouple even to buy 2 separate private properties leh? then u are screwed also....Anyway, this is an opportunity for ppl after 55 to invest in property (if they want) since with the SA closure, all excess monies above FRS will be transferred to OA which they can use for property investment...& don't forget, if someone had hit FRS when he /she was 30 & let it compound for 25 years with 4.08%, then there is a sizeable amount of excess funds above FRS that will transfer to OA for property use once he / she turns 55 So stop with the divisiveness of Team Huat Kueh vs Team 1M65; instead let us all HUAT TOGETHER!!! Thanks

@savvyericchiew

4 ай бұрын

There can only be 1 HKG! 😆😆

Using OA to buy property is the best choice.

SA has a cap of full retirement sum. How do someone get it top up to 1mil?

@savvyericchiew

4 ай бұрын

I assume the balance goes into OA 😆

These people damn waste their time and brain cells 😂😂😂 …. Thanks Eric for the update … only hear of it this week …

@savvyericchiew

4 ай бұрын

It’s good not to know about this method 😆

Spread the risk on different reliable investments and lead a humble life

@savvyericchiew

4 ай бұрын

Contented is good 👍

Yes. Good one 😂!

@savvyericchiew

4 ай бұрын

Xie Xie! 🥂

Wah! Govt so smart ...close SA acct at 55 and this just happen overnight!

@savvyericchiew

4 ай бұрын

Just like property cooling measures! 😆

Sometimes it is always to be wise to be more prudent. We should spread our risks instead of putting all eggs into the basket. Although I watch the two chap channels, they seems nice to share. Like what you say, guys be responsible for your own actions. I also invest my OA in both property and shares. All doing great. Looking forward Eric to share more great content. Huat more....

@savvyericchiew

4 ай бұрын

Welcome to team huat kueh! 🥳🥳

Heng ah. i did not transfer😊 . I wanted to tsf a few years back. God bless me!! In the end i buy property instead. Heng ah. Sometimes have to use brain and think and not just hear govt say😂Gov will of coz 卖花赞花香😅 Aniway be responsible in ur own decision. 🎉

@savvyericchiew

4 ай бұрын

I’m so glad you go for property! Welcome to Huat kueh gang! 🥳

I only do cash top up to SA for income tax relief.

@savvyericchiew

4 ай бұрын

I don’t do it also 😆

For the younger generation,, use CPF strictly for retirement, I understand top up CPF with $8k is to lower yr taxes, absorb that n invest outside CPF, , you can get better interest n it’s liquid n you control your money in the end,why let the government control it?

@savvyericchiew

4 ай бұрын

I totally agree 💯 Invest outside of CPF and have the control to get higher returns 🥳

Unless you believe you have a long life . If not , lock money is dead money

@savvyericchiew

4 ай бұрын

I agree totally 💯

Sound very soft lei. cant hear clearly

Hubby n I are 50yo, with 700k cash on hand. What investment property shld we buy in Sg at this age😅? We are staying in HDB 4R flat now for 10yrs, fully paid. TQ!

@savvyericchiew

4 ай бұрын

Do this up tinyurl.com/savvyasset and send to bit.ly/savvywa

@paulinlim5465

4 ай бұрын

Thank you very much! I will submit soon.

lol your channel cracks me up

@savvyericchiew

4 ай бұрын

Wahaha 🤣

Oh. U spelled out 1m65 fans the reason they upset about gone of SA 4%.. U are the only one in 3 days time mentioned total of 2% of cpf members 4.5m in 2023 = 90k peoples were tx from sa to cpfis before age 55 and then tx back to sa after 6 months. If 90k members with avg of $100k in sa, then ,govt will save the 1.5% about $135 millions yearly without compounding yet Very informative ...😊

@savvyericchiew

4 ай бұрын

Wow that’s a lot of money! 😱😱

Hi eric,if single with cpf OA $150k n cash $280k,in current market still can get good 2 bedder property?

@savvyericchiew

4 ай бұрын

$430k can buy $1.5mil worth of property. 3br is very possible 🥂🥂

@CJfoo2017

4 ай бұрын

Your reply gives us 3 sibling hope🫶 hope to inspire my 2 other sibling.i still believe in property.

@savvyericchiew

4 ай бұрын

@@CJfoo2017 just like how I influence all my siblings to buy private 🥂🥂

U have not witness the scenario of 1997 financial crisis when property prices drip by 30-40 %

@savvyericchiew

4 ай бұрын

Means you also witnessed 34% growth in 1 year after that. There are 2 types of people. One who only look at the drop. The other one looks for opportunities. Change your wealth by changing your mindset. Peace out ✌️

Actually it is good if we transfer part of OA (not all) to SA and meet FRS as early as possible.

@savvyericchiew

4 ай бұрын

No no no 😢😢😢

Invest in Vietnam property already thing of the past liao.....now people "invest" in movie leh. movie profitable but dunno divide by how many thousand people 🤣

@cy8107

4 ай бұрын

😂

@savvyericchiew

4 ай бұрын

Super high level sia 😆 knowledge gap 😂😂

I want to be the next giant huat kueh also leh!!!

@savvyericchiew

4 ай бұрын

Sure huat! 👍

Don’t care about SA or 4.08% or Shielding. Interest rate will rise above 5%! Move your OA to FD or T-Bill. Property investment will BBQ liao. Check back this post in 2025.

@savvyericchiew

4 ай бұрын

Some updates for you. Fed is cutting interest this year onwards.

Jin funny those with $0 OA but $500,000 SA.

@savvyericchiew

4 ай бұрын

Fortunately I don’t have such people around me 😆

Yes , I am 55 years old in March 2024. I will use my 400k OA and SA to give to my son to buy his first property at 24 years old......and not enough, I will give him my 600k savings ..... to buy a 1.4 mil property .... it should be new launch because don't need take out full loan yet ... believe many people will take out their CPF MONEY TO BUY Singapore PROPERTIES too singapore properties won't drop one..... right?

@savvyericchiew

4 ай бұрын

Do you need God son? 😆

@hengkweetan4360

4 ай бұрын

@@savvyericchiew you are so much richer than us lol .... I can only help one son to realise his dreams to own a unit, ... I still have a doc daughter and another younger son to care for,

@savvyericchiew

4 ай бұрын

@@hengkweetan4360 you are a very good daddy! Your kids are blessed!

@hengkweetan4360

4 ай бұрын

@@savvyericchiew Not really, when I give my money away, I will have less and I will willing to work another10 years to earn 1 mil dollars for retirement... motivation factor to continue working.....and singapore property is a forced savings ....

@savvyericchiew

4 ай бұрын

@@hengkweetan4360 wish you to continue to huat 🥂

Buy property got ABSD hacks boh?

@savvyericchiew

4 ай бұрын

Same 2 properties loh Husband 1, wife 1. That’s all! ✌️

Only affected for those above 55 under 55 still can top up SA

@savvyericchiew

4 ай бұрын

Oh man please don’t 😱😱😱

Eric, you went for Taylor Swift concert?

@savvyericchiew

4 ай бұрын

Wife going without me 😭😭

haha enjoy your video.

@savvyericchiew

4 ай бұрын

Welcome to team huat kueh! 😆

Property is 100% gain?

@savvyericchiew

4 ай бұрын

For me in the past 15 years. I’m blessed 🥂🥂

55 yrs and no changes meh - EXACTLY! lol ... omg

@savvyericchiew

4 ай бұрын

🥂🥂

WHAHAHHAA I love the part of buying Vietnam, UK, Bali properties.... WHAHHAHAHA laugh until faint... super! 🤣

@savvyericchiew

4 ай бұрын

I try to not laugh while talking about it 😂

I think 1M65 guy might engage your 1-1 session soon with all his OA money to spend 😂

@savvyericchiew

4 ай бұрын

I heard he sticking to his plan, his latest video say he will live to 100 to get more CPF returns 😢

I also never heard of cpf shield till last week. Lol

@savvyericchiew

4 ай бұрын

It’s good not to know at all 😆

@ewokmoses5909

4 ай бұрын

Lol. Tqvm Eric. Lol @@savvyericchiew

@savvyericchiew

4 ай бұрын

@@ewokmoses5909 😂😂

Vietnam , Bali , UK properties generate negative returns after currencies conversion due to depreciation! Properties value also drop ! Overseas properties are suitable for own stay than investment unless you have many millions to spare for the games😂

@BrandingHainan

4 ай бұрын

Many so Call Guru advocates to attend classes , set up investment companies and buy local and foreign properties or industrial properties and partition into offices and rent out secretly . They contravene the URA,/ SLA/JTC rules and risk fine $200,000 for illegal conversion used of 40%_60% rules usage ! 😅

@savvyericchiew

4 ай бұрын

😂😂

never knew that ppl used the SA like that. the only reason i do top ups to my SA is for tax relief.

@savvyericchiew

4 ай бұрын

I don’t do that too 😆

2.5% good enough loh

@savvyericchiew

4 ай бұрын

I want 25% 😆😆

1M65 founder got a house in JB for himself...lol!!

@savvyericchiew

4 ай бұрын

Buy 3.55 times more, then can buy 1 in Singapore 😆

@thepreciousstones4789

4 ай бұрын

lol all the wrong moves…

@savvyericchiew

4 ай бұрын

@@thepreciousstones4789 if he bought local private property last time and got giant guts, he confirm 5m45 SGD👍

After 55 , still have SA account for what? For that 4%? Arm chio. If one know how to invest using OA for property ,the returns far outweigh what CPF can give you once you turn 55. As a matter of fact, not only do you not want all OA to transfer to RA to be locked up, can use part of property to pledge to reduce BRS also good. Cos the capital gain from a good investment property far outweigh the 4% CPF give plus with the property can also get rental yield. Double benefit! No CPF returns can beat a good property investment done yrs earlier using the OA! Tio boh?😆😆😆

@savvyericchiew

4 ай бұрын

Exactly!! Spot on! 🥂🥂

Surprised the clown emoji never come out when you say UK property 😝 Thanks Eric!!

@savvyericchiew

4 ай бұрын

Wahaha you miss the clown ah 🤣🤣

@canonwhale

4 ай бұрын

@@savvyericchiew 🙊😂😂

The 1m65 guy even bought a property in JB. Hahahaha

@savvyericchiew

4 ай бұрын

Why always do wrong thing 🤦🏻‍♂️

Are you looking for a video editor?

@savvyericchiew

4 ай бұрын

I’m the editor 😆

@adityathosar

4 ай бұрын

@@savvyericchiew may be I can edit better. Bet?

@savvyericchiew

4 ай бұрын

@@adityathosar I do agree! 🥂

super charge SA at young age 20s 30s is super kum gong lol

@savvyericchiew

4 ай бұрын

Super charged to heaven 😆

We now have an official name. Huat kueh gang.

@savvyericchiew

4 ай бұрын

Welcome to HKG! 🥂

Can you dun ask ppl to buy property? wait it goes up more how? Keep secret lah.🙃

@savvyericchiew

4 ай бұрын

Opps 🤭

Buy property the best! Huatkueh!

@savvyericchiew

4 ай бұрын

Welcome to team huat kueh 🥳

Hahaha.. There is nothing is free. A few years late everything may change again. Ending up just a paper and a lower of % OA u see.

@savvyericchiew

4 ай бұрын

😢😢

Hahaha si beh funny

@savvyericchiew

4 ай бұрын

Means you are not affected! Welcome to team huat kueh 🥳

The huat kueh gang should thank the 1M65 gang, else too many people come fight with us to buy the giant giant huat kuehs 🤣

@savvyericchiew

4 ай бұрын

Balance the Huats 😆

Money in CPF is consider gone Unless use to buy property.

@savvyericchiew

4 ай бұрын

Confirm team huat kueh! 🥳

ermmm...say until like property sure huat, not true though. quite a few inaccurate analysis here based on assumptions too.

@savvyericchiew

4 ай бұрын

Focus on the good ones. Why listen to the negative? ✌️

more advisor lining up at cpf board on jan 1 2025

@savvyericchiew

4 ай бұрын

I think so too 😆

Mr Loo: "I not so free. I didn’t even watch his video." 😂 He is still busy trying to hack the CPF Board's rules 😢 But Team Huat Kueh mostly 1M45😅

@savvyericchiew

4 ай бұрын

I hope he goes into property to experience it 🥂

Mr 1m65 always hope sg ppty mkt crash... say sporeans will be priced out for his JB landed cos price going up...dun blame him.. typical case of preaching what you hv interest in :)

@savvyericchiew

4 ай бұрын

He still has chance to buy Singapore property. Let’s hope he do it when he cash out his millions from SA when he turns 55.

Hahahaahah i love your Vietnam property comment. But its not buy vietnam property hor.. they build hotel in Vietnam 😂😂😂😂 and yah man! Go buy house in JB talk until like got dragon got horse. kns. Lol. Btw i also transferred my OA to SA. Hahahahaha

@savvyericchiew

4 ай бұрын

Knowledge gap la, it’s Vietnam hotel indeed 🤣🤣

Better Not Watch “Money Not Enough 3 “! Terrible Show ! Bad Advise 😂

@savvyericchiew

4 ай бұрын

🤣🤭

Btw who going to take over the resale from us at 3000psf??

@savvyericchiew

4 ай бұрын

There’s a lot of good ones 1500-2000psf leh

This method is gan dumb in the first place. Only goons like honey money will bother. Try to optimise so much in the end still hdb

@savvyericchiew

4 ай бұрын

Many have so much potential but unfortunately they chosen the wrong path 😢

@Luvmafammie

4 ай бұрын

@@savvyericchiew only thing they are doing is to shield themselves from getting huat. In fact if given the option, I will gladly transfer SA to OA to buy detached.

@savvyericchiew

4 ай бұрын

@@Luvmafammie can I use your joke next time? Shield from getting Huat! Lol damn funny sia! 🤣

@Luvmafammie

4 ай бұрын

@@savvyericchiew pls go ahead sir. Ppl need to be educated right

@savvyericchiew

4 ай бұрын

@@Luvmafammie right education is so important! ✌️

Uncle Loo already explained. You are just repeating.

@savvyericchiew

4 ай бұрын

Kind reminder to advice ppl not to transfer OA to SA which is worth repeating 🥂

They think these CPF funds are “risk free” but never considered inflation huh? In fact they are locking in a loss.

@savvyericchiew

4 ай бұрын

Sad many follow this method and now stuck 😢

Eric are you in favour of repaying mortgage loans asap or dragging it out over 30 years and using the money to invest instead? Potential video topic? hahah 😆

@savvyericchiew

4 ай бұрын

I teach this my 2 days program. The way is to stretch as long as possible to keep instalment low 👍

What is CPF shielding?

@kendrickcan3919

4 ай бұрын

It's OK. You do not need to know.

@wwc7134

4 ай бұрын

Not applicable anymore 😂

@savvyericchiew

4 ай бұрын

It’s good not to know 😂

@kendrickcan3919

4 ай бұрын

@@savvyericchiew exactly. Water under the bridge. Why get so upset over that 1.5% extra when you can make 10 times more through property?

@savvyericchiew

4 ай бұрын

@@kendrickcan3919 unfortunately they don’t believe in property 😢

Most youngsters are living in good times compared to their grand parents or great grand parents. Investment risk tolerance should be self-accessed before making any investment decision. who knows when will the next GFC coming or maybe putin tomorrow decide to press the nuke button and we all live in nuclear winter? 🤣

@savvyericchiew

4 ай бұрын

👍👍

The way you talk about 1m65 guy aka Mr Loo (yes he has a name), to talk about your huat gueh strategy is off-putting. No need to put him and his community down just to elevate yourself. Different investors have different investing strategy, goal, risk appetite. And not like Singapore's property investment is a sure fire way to make money. Esp risky as well for ppl who do not have lump sums for down payment, and not everyone wants to deal with property tax, maintenance fee etc. You don't see Mr Loo and honey money guy aka Chris (yeah he got name also) talk about other youtubers like this.

@savvyericchiew

4 ай бұрын

I hope you didn't put your OA into SA, you seems to be very upset 😭

@tulipsandpeaches1834

4 ай бұрын

@@savvyericchiew oh thanks for caring if I transfer in my SA or not. I didn't but it's irrelevant to what I was saying anyway.

@savvyericchiew

4 ай бұрын

@@tulipsandpeaches1834 cos you sounded upset 😢

@tulipsandpeaches1834

4 ай бұрын

​yeah egotistical is one thing, but egotistical by comparing and one-upping someone else in your field is just another level of greatly disturbing 😢

@savvyericchiew

4 ай бұрын

@@tulipsandpeaches1834 i think you are totally mistaken and confused. You should watch again and see the content again ✌️