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Anonymous

24 Jan 2024

∙

General Investing

Hello all! I'm 28M and am looking to move into my BTO flat by 2025 Q1. Hence, am holding onto some cash and would like to start making plans towards investing for the future.

Not sure if I should put all the cash I have on hand into renovation to avoid taking on any loans. Or are there alternative methods?

Thank you in advance.

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Discussion (17)

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yiyik

20 Feb 2024

If extra cash then no need for renovation loan. no interest then savings more.

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Hendro HENG

08 Feb 2024

It will be great to consider if you have had enough emergency funds to cover your 6-12 months of your living expenses before making any investments

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Ian

03 Feb 2024

Consider your short term liabilities before deciding on whether you want to invest or not.

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Seedname

27 Jan 2024

Discover, discuss, decide

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Ngooi Zhi Cheng

26 Jan 2024

Student Ambassador 2020/21 at Seedly

Greetings everyone! Entering the realm of homeownership at 28 comes with both excitement and financi...

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