repay or continue with hdb loan ?

[namdlo]

Thank you all for the suggestions and recommendation .

Not very incline to bonds . I am slowly accumulating sti etf . But still etf yields less than 3% .
Waiting for market to crash since 2015 .
Warchest rusty Liao Haha ..

Divested some REITs . Over the past few years . Gonna be quite passive in share market due to more other commitments.

I am very risk adversed right

My loan is hdb loan 2.6% .
Maybe I shall take 100k . Top up till 60k in OA + SA . The rest do a partial payment

Regarding those liquid cash .
I have some in maxigain . Rest in standchart alternating between my wife and my account .

Together with my dividends / distributions from shares

I only managed to acheieve 2.8% yield on my total wealth .

Risk adverse? STI ETF is equity and is actually riskier than investment grade bonds e.g. OCBC bonds, DBS bonds etc

Why did you not refinance your loan with a bank? Not sure what the rates are now but I am on a 2 year fixed rate of 1.58% with UOB that will run out sometime in late 2019. My money in CPF OA is enjoying minimally 2.5%, so I will still gain even without investing via CPFIS.

My excess cash are invested in equity and equity funds, returning more than the 1.58% interest that I am incurring for my loan.

 

[BBCWatcher]

Risk adverse? STI ETF is equity and is actually riskier than investment grade bonds e.g. OCBC bonds, DBS bonds etc

Also, what's the non-Singapore investing? Just the shiny metals (which are physically in Singapore, I assume)? Being essentially 100% invested in a single country, even a bigger one, is pretty risky, too. Some amount of global diversification has merit.

Why did you not refinance your loan with a bank?

This could be a very good idea if there's no prepayment penalty, and if you're reasonably likely (and able) to pay off the mortgage if interest rates rise substantially after the fixed rate period.