Following my final three weblog posts, I checked three accounts at the moment.
My checking account.
My SRS account.
My CPF account.
Why?
To see how a lot pocket cash I get from the latest T-bill public sale, the one which passed off on 14 September.
Individuals generally look down on small sums of cash, particularly in at the moment’s surroundings of excessive inflation.
“Walao! $2 solely you additionally calculate!”
$2 can be cash.
Small sums of cash add as much as huge sums of cash.
Being cautious with small sums of cash can solely assist in our journey in direction of monetary freedom.
Do not kick a pup as a result of when the pup grows up, it’s going to come again to chew you.
OK, that is true for normal of us like AK.
For “jin satki” folks or high-flyers who make a whole lot of hundreds or hundreds of thousands of {dollars} per yr, please cease studying.
You have got come to the mistaken weblog.
Nonetheless right here?
OK, stunning 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 earnings 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 folks is likely to be questioning why “wealthy” AK purchased so little T-bills.
AK is only a common man and never “wealthy”.
Why some folks do not consider me?
Sigh.
T-bills are danger free and volatility free.
Not a foul approach to verify I’ve extra pocket cash now and sooner or later.
Nonetheless, I’m very conscious of re-investment danger as excessive rates of interest won’t be round for lengthy.
I’ll proceed to attend for higher alternatives to take a position for dividend earnings.
Whereas ready, there’s nothing mistaken with getting comparatively engaging danger free returns.
If AK can do it, so are you able to!
#Cash #flowing #pockets
