Suggestion 1 to Yawen: In the face of mortgage pressure caused by rising interest rates, make good use of the grace period to retain funds Yawen's biggest problem at present is that she has only repaid the interest but not the principal. Seeing that the two-year grace period is about to expire, looking back on the two years, she has only repaid the principal of more than 30,000 yuan, and the extra money left over every month has not really been put into the market.
Generate profits, I don't know whether to continue to pay only the interest, or to amortize the principal and interest? How to repay mortgage interest? The answer to this question is not good or bad, but it is time to think about whether it meets the goal. For those who live in their own homes, don’t want to have debt or don’t know how to invest, amortization of principal and interest is of course the best option. For people like Yawen who have clear investment goals, it is whatsapp list more important to think about reducing monthly mortgage payments and saving money for future application opportunities. A considerable number of real estate investors have found another bank to exchange contracts after the two-year grace period, and continue to use the grace period to hold properties in the form of rent payments.
Although the mortgage interest will also increase after the interest rate hike, "only paying the interest without repaying the principal" can still reduce a lot of monthly burdens. Suggestion 2 to Yawen: The investment concept and stock selection are confusing, so slow down and keep cash. Yawen's biggest anxiety about the current situation is that she has kept a lot of cash on her body in the past, and on the surface it seems that she has not generated any investment cash flow. But as far as I can see, it is her biggest advantage to have a lot of available funds at present, and she does not need to rush to find the target and invest too much money. In a bear market, choosing a stable target company is extremely important. Simply put, it's the concentration of money in companies whose failures would have a considerable global impact.