Talking about negative cashflow, well, THE "killer" is actually Car Loan.

Taking a Car Loan (interest rate 5% to 6%) on a Car (which depreciates in value by $6,000 to over $10,000 a year).

At last count, we have more than 500,000 Cars on the road, or taking a family size of 4 persons, means 1 out of every 2 families in Singapore OWNS a Car.

I think we have found the REASON why most people do NOT have enough money to retire, becos most people "Invest" their money in a "sure-lose" Liability.

a sure sad thing to know and i'm one of those in this category.

Evel