Is a house a burden or an asset or is it more than that?

Yesterday, I had an insightful discussion with a very percipient person whom I admired a lot. After our discussion, I reflected on what he said about the issue of housing prices in Singapore and understood a deeper implication on why we need to keep our housing price affordable in Singapore. For many years, I used to … Continue reading Is a house a burden or an asset or is it more than that?

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Richer but can’t help feeling concerned with being over-invested

Starting this year, I occasionally blogged about my net worth. I calculated it based on (Total Assets - Total Liabilities). However, in defining "net worth", I have left out the "bulky" and iliquid assets/liabilities like property and car. The reasons being it is difficult to translate them into cash immediately when needed, it is also … Continue reading Richer but can’t help feeling concerned with being over-invested