23 Aug '14, 6am

Our #blogger shares her experience on being too emotionally invested during #home purchase @ #property

When I buy stocks, I find myself unattached emotionally to the share or the company. It’s generally easy to buy, hold or sell and costs are transparent. However, things are not the same when it comes to hunting for our property. After all, it’s going to be our home for years to come. We are going to sleep in it, eat in it and share many of our family memories in it, for years. We have to love it, or at the very least, like it. Therein, I think, lies the pitfall of many a property buyer. We become too emotionally invested in it, so much so that we fail to dissect the property and see it as it really is - a consumer item which has its costs and benefits attached. It’s also probably one of the most expensive items you will ever buy in your lifetime, yet the way we approach it seems to be a little cavalier. My husband and I bought a private property many years back just before...

Full article: http://www.cpf.gov.sg/imsavvy/blog_post.asp?postid=679153...

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