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Coffee Shop Talk of a non sexual Nature Visit Sam's Alfresco Heaven. Singapore's best Alfresco Coffee Experience! If you're up to your ears with all this Sex Talk and would like to take a break from it all to discuss other interesting aspects of life in Singapore,  pop over and join in the fun.

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Old 21-08-2013, 03:40 PM
Sammyboy RSS Feed Sammyboy RSS Feed is offline
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Thumbs up When to buy investment property? in 2023

An honorable member of the Coffee Shop Has Just Posted the Following:

if you bought a $200,000 property 10 years ago today it doubled to $400,000. A gain of $200,000 in value.

Today you buy one at $400K and in 10 years time it double to $800,000. It is a gain of $400K in value.

So if you buy one in 2023 at $800,000 and in 10 years time it doubled to $1.6M. It is a gain of $800,000.

If you come to think of it, don't buy one now, wait another 10 years and buy in 2023. A gain of $800K is a much quicker way to invest.

Make sense?


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