I just read the book Financial Freedom: How People Live When They No Longer Need to Work. The author Gisela Enders interviewed seven Germans who generate enough income from investments to cover their living expenses so they no longer have to work for money. It was originally written in German and being translated into English. (Which European will talk to strangers about … [Read more...]
Buying trophy properties in a country
Before Chinese New Year, hubby told me he had prepared new banknotes and red packets like what he did every year. I also passed him the red packets from my relationship manager. “We can’t use those. Mine are special ones. I have to schedule an appointment at their priority banking branch in Orchard to collect these. See, they are all printed with the name of their priority … [Read more...]
5 property lessons from my early years in Singapore
30 June 2018 is a special date to me. It marks the 20th year of my relocation to Singapore. On 30 June 1998, I boarded a flight departing for Singapore, with a luggage of personal belongings and banknotes equivalent to six hundred Singapore dollars. When you are in your 20s, you don’t think too much because you have nothing much to lose. In the midst of the Asian … [Read more...]
Podcast Episode #8: Which Nationalities Are The Best/Worst Tenants?
Which nationalities are the best or the worst tenants? Being a landlord since 2002, and through chatting with fellow owners, I have my fair share of tenant stories. Let me clarify that this is not meant to be a racist podcast that stereotypes tenants in Singapore. It is not about stereotypes. It is about believing in somebody who will pay his rent on time, keep the … [Read more...]
The day I bought my first private property
In the evening of 30 June 1998, I arrived in Singapore alone with a luggage of personal belongings and some cash equivalent to S$600. In a few days’ time, I would start a job paying S$4,000 a month. I was grateful to find employment in the midst of the Asian Financial Crisis. The next morning I went to POSB to open a savings account. After I deposited all my S$600, I was … [Read more...]