Spare cash-buy 2nd condo or invest in stocks?

yummie

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As in got 500k-600k to spare

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SBC

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Stock mkt is trending down.

Property for the long haul.
 

SBC

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Many will have chosen this property if they had 500k to 600k cash on hand.

Without this, many had sticked to stock.
 

yummie

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Many will have chosen this property if they had 500k to 600k cash on hand.

Without this, many had sticked to stock.
True...but with 15% tax paid to govt for 2nd pty...... hazi

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Toni90

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Transfer the current one to your name and buy the second one for your spouse.
 

microtek

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Paying 15% stamp duty for a second property is damn savage though. $600K condo you'd need to pay nearly $85K stamp duty. That is like a brand new car loh!
 

assiak71

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If you buy stock and you lose 15% immediately how would you feel. Thats how property would be like...
 

Thoreldan

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whatever you're more well-versed in

whatever you're more confident in
 
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