Following my final three weblog posts, I checked three accounts at present.
My checking account.
My SRS account.
My CPF account.
Why?
To see how a lot pocket cash I get from the current T-bill public sale, the one which occurred on 14 September.
Folks generally look down on small sums of cash, particularly in at present’s atmosphere of excessive inflation.
“Walao! $2 solely you additionally calculate!”
$2 can also be cash.
Small sums of cash add as much as large sums of cash.
Being cautious with small sums of cash can solely assist in our journey in the direction of monetary freedom.
Do not kick a pup as a result of when the pup grows up, it can come again to chunk you.
OK, that is true for normal of us like AK.
For “jin satki” individuals or high-flyers who make lots of of 1000’s or hundreds of thousands of {dollars} per 12 months, please cease studying.
You’ve got come to the fallacious weblog.
Nonetheless right here?
OK, surprising numbers up subsequent.
Anyway, right here is the breakdown:
$186 from $10,000 money.
$148.80 from $8,000 SRS cash
$216.16 extra in curiosity revenue from $52,000 CPF OA cash.
So, $186 goes into my present day pocket.
$148.80 goes into my pocket which may solely be unzipped 10 years later from age 62.
$216.16 goes into my pocket which may solely be unzipped 3 years later from age 55.
Surprising, proper?
Some individuals could be questioning why “wealthy” AK purchased so little T-bills.
AK is only a common man and never “wealthy”.
Why some individuals do not consider me?
Sigh.
T-bills are threat free and volatility free.
Not a nasty approach to verify I’ve extra pocket cash now and sooner or later.
Nonetheless, I’m very conscious of re-investment threat as excessive rates of interest won’t be round for lengthy.
I’ll proceed to attend for higher alternatives to speculate for dividend revenue.
Whereas ready, there’s nothing fallacious with getting comparatively engaging threat free returns.
If AK can do it, so are you able to!
