Manila, Philippines
geri@investmoney.com.ph

Category: Personal Loans

Ask Geri: I Have Extra Cash To Invest: Car or Condo?

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Both options above are illiquid and very long term commitments. Meaning if you change your mind, or have a need for cash beyond your emergency funds, it will be more difficult to sell these items to have cash.

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Where to Put My Christmas Bonus? v2

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Fully or partially pre-term your loans. I know this sounds so killjoy but hey, delay of gratification is always gratifying. And think about this. Imagine the interest savings you can get by pre-terminating your loans. Or the freed up money that used to be spent on amortizations.

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Longer Is (Not) Always Better

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It’s not just a matter of low amortizations that you cannot feel. You should also look at how much you will pay for the entirety. So the shorter, but still within your cash flow, the better.

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