TOS and gents,... I've browsed thru the spreadsheet last night,... easy to understand, and I'm okay with getting that amt as shown in your speradsheet. I may be wondering why does the final line show am IRR of 2.7% though,... what formula did you use,...

But no issue-lar,... I can go with TOS' calculations and receiving the amt shown at the top cells of the spreadsheet.

To me,... it's indeed 3.50% per annum,... "divided by 365 days, then multiplied by the number of days inside the savings acct." The interest paid out on last day of said mth AND on the 20th of the following mth..

Probably my funds won't last till end-March 2023. I'll be starting to average down into my REITs and into the high-yield bond funds as I hear Feds talks.

No bro,... bonus amt references amt in Savings Acct at end-September, 2023. Does not benchmark against previous mth unlike the Maybank Singapore program a few years ago. So, if you've "been lucky" and your amt at end-September was $0, you will ALWAYS be receiving bonus interest till the end of program, being March 2024.

You know, guys,... I feel really pathetic,... fighting and debating over a 3.50% or 2.70% interest rate today, when I used to be earning more than 6% in my REITs earlier.

Think I better spend more time speculating in forex or IPOs to make more capital gains-lar,....

Checked this morning : The SGD is stronger than the Canadian Dollar this morning.

Good news pour moi. My daughter is in Canada now and needed to use CAD,.......

SGD is GOD vs the JPY and the AUD (my needed currencies), and today,... the SGD is beating the CAD too,... yeah,... Majulah,...

Sorry bro,.. I'm out of this discussion,... you win,...

Hmm,... your reference above says : PREVIOUS month-end balance.

But my eg says COMPARISON month-end balance !!!!!!!!!!!!!!!!!

It's harder for new customers. They have to have incremental mth-after-mth.

It it's a full-blown war,... could be better,.... I'd like to buy the CAD cheaper.

Hi bro,...

I do forex programs with my private bank. One needs to qualify and join the bank first. Then,.. the RM 'might' select the client to participate.

They can do that,.. but I'm still highly in winning position. Read my previous posts, I'm still holding on to different tranches of the AUDJPY.

I have a contrarian opinion,.......With the interest rates so high now, then we 'couple' this with a fullblown war in Gaza. the world will be very cautious, economic activities will slow down drastically,... oil demand will drop.

Resulting in oil price plunging.

No issue,... AUDJPY is at 98++ now,... I don't even remember my entry prices,... but I do see my positions (entered over a few tranches) having many green zeroes at the back,... even after servicing my loan interests,...

I might take profit at year-end,... thot of taking profit two days ago before BOJ Mtg yesterday but glad that I did not.

Yes, I know,... I was staying in Sydney for three mths when the above happened this year,.... I am wary of my currency pairs,...

By the way,... just to let you know : you are right in your calculations on the interest to be paid out for that,... emm,... you call is 'fake' FD by CIMB SG. I received exactly $51.16 for my 100K today,...

I won't monitor anymore after this,... better do other more 'profitable' things,... I monitored the above just to share with you and to express my appreciation and gratitude for your spreadsheet.

Thank you again.

Edited by adding,..... I'll track again on the bonus interest, but after witnessing the above, I think it shld be correct. I'll have to pump in more money or my funds will be sitting idle,...

How do you know if I don't have a 'U' in front of the HNWI ???

This post has been edited by Hansel: Nov 1 2023, 01:54 PM

Most of my funds are used to boost my financial standing in the bank,... not outside of the bank,....

I'm getting keen on Stashaway too,... thank you, folks,....

I know of all the above, bros,...

But if I'm still winning,.. I guessed I'm better than their rows and rows of analysts and 'manipulators' sitting in the office.

You are right, bro,... but I think,... he's also trying to 'extract info/knowledge by releasing catalysts to stir-up conversations",....

Better not tell too much too,.... Slow down his pace of learning a bit,...

...have a good weekend, bro DWRK and other bros too.

That would be undeniable,...

Rates are dropping as the tenure increases,....Futures are pricing in a rate cut,...