Zeng Jun Quotations

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

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

The price of your property is not the price at which you purchase it for, unless of course if you paid for it fully in cash...

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?

Leveraging on debts for investments can be very fruitful, or dangerous. It is a double edged sword

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...

Singapore Property Price Index for the Year 2009 has surpassed the last high of the Year 2010. Property Investors have to be careful because the market fundamentals aren't that strong to subtain the index at such high level...

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.

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.

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...

He who feels pain when paying off debts is not fit to leverage on debts as an investment strategy

It is never about how much you earn. It is how much you spend relative to how much you earn that matters.

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

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.

Too much money is not always good, because money complicates matters.

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

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.

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

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.

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

Ten out of ten banks will underwrite their home loan in the same way, to protect themselves, but does that mean as a consumer, you can do nothing about it?

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...

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

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.

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...

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...

A private banker is really a good old trustworthy friend.

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

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.

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.

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...

There may be a correction in Singapore housing prices. The housing price index is reaching the peak and prices might stabilizes for a while before it goes down again.

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

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

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...

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...

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

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 ...

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...

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

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

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

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.

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.

The good thing about working with a mortgage consultant, is that you get to shop for your home loan at a comfortable pace with him or her advising and guiding you along the way. Some more, you know you are going to end up with the best product in the end.

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

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.

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...