My contribution, since Ramjade brought GiAC to my attention earlier, my turn to share FSM's RHB Cash Manangement A/C returns after several batches moved from MBB GiAC to FSM's RHB Cash management



Bottomline - although not as flexible as old GiAc (bugger the new one), still good for storing temp $

Ramjade has no kids/wives/mistresses and stuff la, thus his views.. let's just say it's truth for himself la, not others tapi sometimes he forgets to say so heheh
Hor Ramjade hor

This post has been edited by wongmunkeong: Mar 12 2018, 01:55 PM

again.. U do know your maximization may not be the same for others with different requirements?
If U insist, of course it's your version of truth.

eg. $5K cash in bank account? U kidding me - i can blow that in 1 shot doing work or just transfering to my family.

Use credit card? heheh - some of us maxed out our cards (yes, i've >10, from >4 banks) due to biz, 0% BTs (woo free % for rolling, FD, investing, etc.), etc.

So, still wanna insist there's only "1 way fits all" to maximize? hm.. You're right, absolutely right

This post has been edited by wongmunkeong: Mar 12 2018, 09:50 PM

whoa.. tq U very much for highlighting this account.
much more flexible than money market funds, with as high an interest rate +PIDM

some $ in traditional PIDM stuff ma.. risk management. ohm..

based on my experiences with directly contracted stuff VS assumed stuff (non-contracted), i prefer to have a portion of my emergency buffer / dry powder in a vehicle which is insured lor, as compared to another which looks like a combo of FDs with PIDM but nothing in writing to insure to my pot of gold .

This post has been edited by wongmunkeong: Aug 3 2018, 08:39 AM