US Interest Rate Cuts Coming? How Borrowers and Savers Can Prepare | Money Mind | Interest Rates

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  • Опубліковано 15 лис 2024

КОМЕНТАРІ • 30

  • @njkoh7977
    @njkoh7977 2 місяці тому +62

    Please remove background music. Is very distracting to listening persons talking .

    • @rikirex2162
      @rikirex2162 2 місяці тому

      they do it because the others do it...they are like sheep just like the rest of us.

    • @Anonymous-js6jn
      @Anonymous-js6jn 2 місяці тому

      Really annoying. I didn't finish.

    • @jakealexander6046
      @jakealexander6046 2 місяці тому

      Yes please tone the background music. It makes it harder to understand the people in the video

  • @wulung5943
    @wulung5943 2 місяці тому +8

    Lowering interest rates alone will not save the US economy. Structural reforrms like reducing military expenditure, remove sanctions and tariffs, cooperate with China, etc are also required.

  • @nikyabodigital
    @nikyabodigital 2 місяці тому

    What happens here if im buying a home right now and im currently paying only equity yet? I don't have to worry about this for now right? It's only when its the amortization?

  • @reksgwee
    @reksgwee 2 місяці тому

    why is it that its ok to take 3 yrs fixed if its an investment?

  • @tkyap2524
    @tkyap2524 2 місяці тому

    It's the making of money from borrowed money that's relevant.

  • @Paul-H-Wolfram6608
    @Paul-H-Wolfram6608 2 місяці тому +1

    Frankly, even the interest rate cut to a very low percentage, buying a vehicle in Singapore will be still very expensive due to the high COE jack up bidding, take for example the recently last bidding where all cat. had increase (Cat. A for vehicle below 1600cc bid at over $96k) and also by all those greedy different car brand dealers where they increase the price of their car. And that include the real estate property market and those building developers. If you're not rich, living in Singapore is a big financial burden to yourself and it will be very stressful.

    • @KatJade269
      @KatJade269 2 місяці тому +4

      Not so. It depends on how you want to live. With or without car. Transport system here is good enough. As for housing, HDB flats. Yes, the prices have gone up but if you buy within your means, it’s still ok. Food: eat at hawker centres or cook your own meals. Stress: of course, there will be. Even people with money also have stress. If only the rich are able to live here, then where do all the “poor” go. Nah, don’t compare yourself with others, you’ll be fine.

    • @Paul-H-Wolfram6608
      @Paul-H-Wolfram6608 2 місяці тому

      @@KatJade269
      Really ?

  • @nas6587
    @nas6587 2 місяці тому +3

    Now is the time to shop for loans is the stupidest thing i ever heard...

    • @CalvinK-the_old_fogey
      @CalvinK-the_old_fogey 2 місяці тому +3

      It’s a wise advice because you don’t want to shop last minute.

    • @nas6587
      @nas6587 2 місяці тому

      @@CalvinK-the_old_fogey 😃 😀 😄 😁

  • @temasekb
    @temasekb 2 місяці тому +3

    just take the cheaper loan, flip your bto to landed and then downgrade to hdb with millions of cash. Huat with pap

  • @calipdis2
    @calipdis2 2 місяці тому +6

    You have to be crazy to buy a house on a loan even if it is "cheap", dont be a slave for decades of something uncertain, is better to save and buy out of pocket

    • @TESkyrimizer
      @TESkyrimizer 2 місяці тому +2

      my house would definitely be foreclosed if i bought in 2022 because i got laid off in 2023

    • @jjsamuelgunn1136
      @jjsamuelgunn1136 2 місяці тому

      this is too simplistic. it depends on the property market, different countries and different time periods will have different conditions. how fast your wages is rising compared to inflation, in particular the rise in property prices.

    • @jaredgalvin
      @jaredgalvin 2 місяці тому

      That is the ideal scenario but it is easily said than done. Almost all house buyers in all countries are on house loan, all with varying reasons.

    • @VolleyBombVSgaming
      @VolleyBombVSgaming 2 місяці тому

      Thats why u work like a slave jus to save enough for a building 😂😂

    • @decarp3nt3r
      @decarp3nt3r 2 місяці тому

      You can surely save up to buy with cash. By then you’ll be sixty five. Ready to go to the grave in ten to fifteen years and that’s if you’re healthy.

  • @sychin8459
    @sychin8459 2 місяці тому

    Cant hear. The background music is distractive

  • @jrukawa11
    @jrukawa11 2 місяці тому

    Bank wins

  • @realmlee8803
    @realmlee8803 2 місяці тому

    Sg have not spine, just following the big brother...when the big brother sick sg is sick....

  • @KatJade269
    @KatJade269 2 місяці тому +1

    Do your own maths and it’ll be ok.

  • @Jakabokbotch2nd
    @Jakabokbotch2nd 2 місяці тому +1

    You guys wanna come Malaysia 😏

  • @Chris-rs4so
    @Chris-rs4so 2 місяці тому

    market didn’t crash, how to buy even if interest is low? Dumb

  • @kk22001
    @kk22001 2 місяці тому

    it will drop next year says the person so confidently, how many people who came to cna said things will happen and it does? None! really no value add to have this stupid program