We are thinking of buying a new property.
But I felt uneasy with the commitment in the legal fee, stamp duties and etc.
What is the purpose?
The purpose is to generate passive income through Rental. What is the yield? Given a 1 million dollars property, the rental yield is 3.5k per month or 42K per year or 4.2%. But wait minus the loan repayment with the assume you borrow 80% of the 1 mil, you are paying about 2.5K back to the bank per month. That reduces your return on investment by almost half.
Of course the bet is the upside capital appreciation of the property which can fetch big gains.
Given the sum of money which we have to pour into paying the up front payment and waiting for the property to TOP, $200k is not touch.
Of course the property is freehold - good investment with good rental otential.
I deceided to call off the deal, went for a good lunch, save the legal and stamp duties.
I deceided to put the sum intended for the property into forex investment, which conservatively I can yeild 2% per month or at least 12% per year!
I fel no peace with the property deal, which I submit to the Lord in prayer earlier this week. Let my heart rest for the moment while I get ready again on the purchase look out in 2015.
Lord Thank you. amen.
Friday, May 10, 2013
Wednesday, May 08, 2013
8 May 2013; Exodus 19
Exodus 19
4 ‘You yourselves have seen what I did to Egypt, and how I carried you on eagles’ wings and brought you to myself. 5 Now if you obey me fully and keep my covenant, then out of all nations you will be my treasured possession. Although the whole earth is mine, 6 you will be for me a kingdom of priests and a holy nation.
Indeed I am tired. How then to strike a balance between work and purposes.
I like the verse "on eagles' wings". How I wish to be soring with God on eagles' wings. When the ocean rise and thunder roar, I will soar with you above the cloud.
Let you wisdom guide me and your peace be with me throughout today and the week. Amen.
4 ‘You yourselves have seen what I did to Egypt, and how I carried you on eagles’ wings and brought you to myself. 5 Now if you obey me fully and keep my covenant, then out of all nations you will be my treasured possession. Although the whole earth is mine, 6 you will be for me a kingdom of priests and a holy nation.
Indeed I am tired. How then to strike a balance between work and purposes.
I like the verse "on eagles' wings". How I wish to be soring with God on eagles' wings. When the ocean rise and thunder roar, I will soar with you above the cloud.
Let you wisdom guide me and your peace be with me throughout today and the week. Amen.
Tuesday, May 07, 2013
7 May 2013; Exodus 18
Exodus 18
17 Moses’ father-in-law replied, “What you are doing is not good. 18 You and these people who come to you will only wear yourselves out. The work is too heavy for you; you cannot handle it alone. 19 Listen now to me and I will give you some advice, and may God be with you. You must be the people’s representative before God and bring their disputes to him. 20 Teach them his decrees and instructions, and show them the way they are to live and how they are to behave.
The key point is Wear Out and Teach Them
If I were to do everything myself, because I am like Moses who has access to God or is the only one that is the most capable -> I will wear myself out.
Instead, my time should be spend with God not the running of the every details things. That is the principle of slow down - slow down in the things FOR God.
In my work, let me find way to slow down.
The second approach is to teach - teach as to disciple more of you so that these people can handle the matters and skills set themselves.
The final prayer is for and so that I cam be with God more. Amen.
17 Moses’ father-in-law replied, “What you are doing is not good. 18 You and these people who come to you will only wear yourselves out. The work is too heavy for you; you cannot handle it alone. 19 Listen now to me and I will give you some advice, and may God be with you. You must be the people’s representative before God and bring their disputes to him. 20 Teach them his decrees and instructions, and show them the way they are to live and how they are to behave.
The key point is Wear Out and Teach Them
If I were to do everything myself, because I am like Moses who has access to God or is the only one that is the most capable -> I will wear myself out.
Instead, my time should be spend with God not the running of the every details things. That is the principle of slow down - slow down in the things FOR God.
In my work, let me find way to slow down.
The second approach is to teach - teach as to disciple more of you so that these people can handle the matters and skills set themselves.
The final prayer is for and so that I cam be with God more. Amen.
Monday, May 06, 2013
6 May 2013; Exodus 17
Exodus 17
The Israelites fought with the Amaleks. Moses sent Joshua to fight, while he himself, Aaron and Hur pray.
Moses pray with his hand lifted up. Aaron and Hur help him to do so and ensure the victory of the battle.
All major battles are fought with prayer. Moses did it not alone.
I have started the week with a jog and time alone with God. I have too backlog to clear. BUT I have my God. I put my trust and my task to my Lord. I pray for the completion of the task, let me have results so that I can quickly wrap up the project and move on.
Lord I want to slow down. Together with Rach we have decided on an amount to sustain us monthly. Now I am about 1/3 of the target. I run because I want to continue to be healthy and fit for my family. I want to slow down to spend time with my family.
Lord lead me. I also put my plans for purchase a new property to you. Give my compelling reasons to do so.
Amen.
The Israelites fought with the Amaleks. Moses sent Joshua to fight, while he himself, Aaron and Hur pray.
Moses pray with his hand lifted up. Aaron and Hur help him to do so and ensure the victory of the battle.
All major battles are fought with prayer. Moses did it not alone.
I have started the week with a jog and time alone with God. I have too backlog to clear. BUT I have my God. I put my trust and my task to my Lord. I pray for the completion of the task, let me have results so that I can quickly wrap up the project and move on.
Lord I want to slow down. Together with Rach we have decided on an amount to sustain us monthly. Now I am about 1/3 of the target. I run because I want to continue to be healthy and fit for my family. I want to slow down to spend time with my family.
Lord lead me. I also put my plans for purchase a new property to you. Give my compelling reasons to do so.
Amen.
Thursday, May 02, 2013
2 May; Exodus 15
2 “The Lord is my strength
and my song
he has become my salvation.
v26 “If you listen carefully to the Lord your God and do what is right in his eyes, if you pay attention to his commands and keep all his decrees,
This is the 2nd day after my birthday. How long have I not declare that the Lord is my strength and my song, how long have I not listen to the Lord, do what is right and pay attention to his command?
Soon the next birthday will come and soon a decade will past.
The message speaks for me, the Exodus is like me leaving Egypt for the promise land, leaving the land of slavery....
he has become my salvation.
v26 “If you listen carefully to the Lord your God and do what is right in his eyes, if you pay attention to his commands and keep all his decrees,
This is the 2nd day after my birthday. How long have I not declare that the Lord is my strength and my song, how long have I not listen to the Lord, do what is right and pay attention to his command?
Soon the next birthday will come and soon a decade will past.
The message speaks for me, the Exodus is like me leaving Egypt for the promise land, leaving the land of slavery....
Wednesday, May 01, 2013
1 May 2013; Exodus 14
Exodus 14
The Egyptian pursue the Isralites. The Isralities has been following the pillar of cloud by day and the pilar of fire by night. Of course the people were afraid.
The command is then to be still (still in the heart and do not panic) because the Lord is going to fight the war for them and the people will be the witness of God's greatness.
The water is again parted - the people has seen that. The Isralites move through, and the Egyptian pursue. IN a special moment, God ask them to move on. The pillar of cloud and fire move backward and separated the Isralities and the Egyptian.
1. Obedience
2. Trust
3. Follow
Obedience
19 Then the angel of God, who had been traveling in front of Israel’s army, withdrew and went behind them. The pillar of cloud also moved from in front and stood behind them,
God command, we followed. The pillar of cloud and fire is the way God lead. We followed. BUT when God say move on without the pillar of cloud and fire, we obey.
Trust
13 Moses answered the people, “Do not be afraid. Stand firm and you will see the deliverance the Lord will bring you today. The Egyptians you see today you will never see again. 14 The Lord will fight for you; you need only to be still.”
There will always be anxiety and worries of life. Be still - because the Lord is going to fight the battle.
Follow
29 But the Israelites went through the sea on dry ground, with a wall of water on their right and on their left.
Without God, there will be no purpose. The Israelites do not know where they would be going next after Egypt.
Application
Today is my birthday. Start it right with God in obedience. Obedience come in hearing and waiting. That is way I start with the word in the morning. Put my worries and anxieties to God. This is through prayer. Lastly, just follow, knowing that the Lord has a big big purpose for me. Amen.
The Egyptian pursue the Isralites. The Isralities has been following the pillar of cloud by day and the pilar of fire by night. Of course the people were afraid.
The command is then to be still (still in the heart and do not panic) because the Lord is going to fight the war for them and the people will be the witness of God's greatness.
The water is again parted - the people has seen that. The Isralites move through, and the Egyptian pursue. IN a special moment, God ask them to move on. The pillar of cloud and fire move backward and separated the Isralities and the Egyptian.
1. Obedience
2. Trust
3. Follow
Obedience
19 Then the angel of God, who had been traveling in front of Israel’s army, withdrew and went behind them. The pillar of cloud also moved from in front and stood behind them,
God command, we followed. The pillar of cloud and fire is the way God lead. We followed. BUT when God say move on without the pillar of cloud and fire, we obey.
Trust
13 Moses answered the people, “Do not be afraid. Stand firm and you will see the deliverance the Lord will bring you today. The Egyptians you see today you will never see again. 14 The Lord will fight for you; you need only to be still.”
There will always be anxiety and worries of life. Be still - because the Lord is going to fight the battle.
Follow
29 But the Israelites went through the sea on dry ground, with a wall of water on their right and on their left.
Without God, there will be no purpose. The Israelites do not know where they would be going next after Egypt.
Application
Today is my birthday. Start it right with God in obedience. Obedience come in hearing and waiting. That is way I start with the word in the morning. Put my worries and anxieties to God. This is through prayer. Lastly, just follow, knowing that the Lord has a big big purpose for me. Amen.
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