Therefore, the challenge now is to build up my net asset value when investments are marked down while expenses climbed. Luckily, there's comfort in the strong SGD and having disposable income although the former is surely a temporary effect. So I have been looking for places to park cash and then two heroes, Scb and Hsbc, stepped forward with offers of 3.7% yield in return for $100k deposits. The timing is not ideal as I don't have enough floating cash to move around. I did a redemption of an older SSB to reinvest into the next tranche. Put together, it's almost at the halfway mark of achieving my goal of $250 payout per month. I'm putting some renovation on hold as the quotation is quite steep but likely only delayed for another few months. Meanwhile, a TCM package was purchased for $500 which I consider as money well spent!
Tip: Harugokoro Tokubetsu Junmai Another Series, a slow burner that shows soft water and minerals