RM60k Max to be Safe
I heard that it’s only best to have not more than RM60k in the banks in Malaysia, so I quickly called my dad and ask him to transfer his money. I know that he has a lump sum of savings, and I really don’t want him to risk losing his money, if the economy is getting worse one day. Anyway, it’s already very bad, so I wonder how far can this recession go?
I guess if you really need to buy a house now, the property price might drop as comparing to a year ago. Maybe we should look into this now, if the house price is affordable. I wonder how much one has to pay if they get the loan from Amerisave mortgage company? You can just apply for the loan online, so it’s less hassle than going to the bank on your own.
Too bad we can’t get a house in Bangkok yet, especially a landed property. I really don’t want to get a condominium, even if we can afford one now. I hope that we can have a garden for the children to play with, but then it’s rather hard to get a landed property here. Gee…
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