Update: This 2018 hack was invalidated by a 2020 rule change. For a full, current explanation of how the DBS Multiplier Account works, see my DBS Multiplier Account guide. This is probably something not new …
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Category: Money Management
Money management tips and tricks. There are many financial products out there such as Singapore Savings Bonds, Fixed Deposits, Endowment Plans, Insurance Savings Plan etc.
4 Tips To Help You Achieve Your Sweet Retirement
Below are some of the tips I have been practicing and I hope it helps you to achieve your sweet retirement. Please feel free to share more tips with me in the comments below. #1 …
Continue readingTeach Your Kids to Spend, Save and Share
Recently, I attended a parenting course organized by my neighborhood community center. One of the topic is to teach your children about financial literacy. Just like me, I believe many parents out there does not …
Continue readingSeventy Four Percent Invested, Twenty Six Percent Cash
My cash holdings versus total amount invested fell from 28% in December 2017 to 26% in current month February 2018. I attributed the decrease in cash as I invested S$3K into the Ethereum mining rig …
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Join The Burrow To Learn Secret Financial Tips and Tricks
DBS Bank is getting secretive nowadays. Thanks to fellow financial bloggers, I get to know there is this secretive “hole” called “The Burrow” which is a closed Facebook group. According to the about page, as …
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Why I Switched to DBS Multiplier Account
OCBC 360 account used to be the best savings account in town giving you a maximum yield of 3.25% per year until they decided to revise their criteria on the interest rates. You can read …
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Seventy Two Percent Invested, Twenty Eight Percent Cash
Cash on hand increased to twenty eight percentage this month Seventy Two Percent Invested, Twenty Eight Percent Cash: My Allocation as I received my December salary and Annual Wage Supplement. The AWS is also called …
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Seventy Five Percent Invested, Twenty Five Percent Cash
Recently, I have added more of Mapletree Commercial Trust and CapitaMall Trust to my stock portfolio. As such, cash on hand has decreased. I have also been performing Supplementary Retirement Scheme (SRS) top up over …
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