Zeng Jun Quotes (40 Quotes)

The money you pay to the bank as interest has zero percent chance of it returning back to you. Save on that and reinvest that on any other things. Now that is lean financial management.

I feel it is an extremely crucial period for Singaporeans to stand together during this economic slowdown so we can pull through it together. This is a better move compared to pointing fingers at somebody or even feeling depressed about it.

Unlocking the equity in your private property can be one of the best ways to finance the buying of a new business...

Leveraging on debts is definitely a useful method for gaining more wealth. The issue is, do you have your own set of risk management system to ensure you do not take on more debts than needed

A great foreclosure property investment often comes about with the co operation of a sound investment team. It is difficult to do it by oneself.

Property prices may drop, but I do not think it will drop that fast. The consumers are more financially educated as compared to the last crisis, plus the interest rates are very low now...

By extending loans to the SME industry, it will create a beneficial cycle in the economy and eventually the one who gives out the loan will benefit.

Yes, you can save money by refinancing. However it is actually a waste of your money if you refinance too often, therefore it is always wise to have your personal mortgage consultant or broker to advise you, to prevent you against that...

China to reduce capital lending in the domestic market. Aiming to create structural changes to present economy by deleveraging from exports and focus on increasing domestic consumption...

Buying over an existing business is a smart move. The revenue starts running on the day you take over the business.

No analyst, investment banker, consultant or even a fortune teller will be able to tell you when prices have hit bottom. You can start buying now, so as not to miss the opportunity...

Never assume your lender will take charge of your finance. Take a pro-active role in managing your own personal finance. It is your matter, not theirs.

Singapore's economic fundamentals are good. Together with such low interest rates available for mortgage financing, it makes perfect sense for real estate private equities to buy into Singapore...

It would be in your best interest to refinance your home loan right now, making good use of the low interest rates. You would not want to be making high installment payments during an economic slowdown. It is just not sensible to do so.

Singapore Property Price Index has hit a high of 140 but economic fundamentals are entirely different from the last Asian Financial Crisis. Real estate investors advised to be cautioned with buying and might be a good idea to refinance mortgage debts...

Attempting to develop a piece of land without doing the appropriate due diligence can lead to unexpected surprises during the project. Failing to do so is one of the main reason as to why companies can go bankrupt after the project has commenced.

Take care of your debts and your debts will take care of you

Being alert to the terms and conditions of your existing home loan can prevent nasty consequences to you in the future when you refinance.

A good measure of debts can help you in achieving your goals. However, an over dosage can produce nasty problems in the future...

Choosing a house to buy is easy. The difficulty lies in getting approval for your housing loan application.

If you are lagging behind in your housing loan payments due to some financial reasons, do not avoid the problem and call up your bank to negotiate the payment terms...

Analyze your property investment properly before you invest. Remember that it is not just about the valuation that determines the price. The credit facility that you use to finance your investment plays a large part as well...

Your home loan may be the largest ticket item of your life. It is therefore logical and sensible to pay the most attention to it.

An economic slowdown might be a good opportunity to spot some good business take overs...

Property investing is one of the best method for acquiring wealth.

The rich actually worries about leaving too much money to their children. The poor worries about leaving none for their children.

Foreclosure investing is going to be one of the hottest growth area in Singapore in times to come.

The interest rates are at its lowest point now because of the economic turmoil. People in the market are going for floating housing loans because the combination of both the teaser rate and low interest rate, result in initial rates that are irresistible. I advise against you against that ...

What makes a good leverage financier One who can effectively control debts and do not allow the debts to control him...

You are never paying the price at which you purchase your house, unless you paid for it in full cash without any leverage...

One of the best way to raise cash is to mortgage your property. It is one of the cheapest and fastest way to secure your credit.

Debt is like a double edged sword. Use it well and you shall win the war. Use it wrongly and you shall see your name in the tombstone...

You should not leave your housing loan aside after getting it. Learn to keep track of it every six months, or retain an advisor, such as a mortgage consultant or broker who can help you to do it. You will realize you can save quite a large sum of money throughout your loan tenure.

Remember, interest paid to banks only comes back to you in the form of a billing receipt. Nothing else...

Despite the economic slowdown around the world, China is still doing relatively well. However, when winter comes, domestic demand in China will slow down and there will be negative movements in the equities market...

As long as you have a debt from the bank, you are working for them, not for yourself.

A bank only lends you money when you do not need it.

It may be a good idea to get some equity out from your property for some renovation or to fund that investment idea. Using equity from your property is much cheaper than other types of credit facilities...

Think positively Pull your finance together as soon as possible during the economic slowdown. Don't wait for things to happen to you. Shave off some extra expenses, refinance that home loan, restructure some of your debts...

The credit market is one of the factor that cause this financial slowdown. However one should not be impede from taking up a loan just because of this. Every coin has two sides. What you have seen is merely the bad side. The good side of it is, many wealthy individuals leveraged on loans and credit in order to make it big.