All high interest savings accounts are “bleeding” with the cut in interest rates by all local and foreign banks. Come January 2020, Dbs Multiplier interest rates will also be cut!

Although I can still earn at least 2% pa on DBS Multiplier, I had already planned to move my other funds to CPF to earn at least 2.5%pa come January 2021.

Last month, I hesitated to make an “investment” which pays 5% pa monthly.  Now I regretted.  So I am thinking of this “investment”  to earn 5% pa mthly, if DOW continues to rise into next year (my next turn date per my “bible formula”). I am willing to take this small risk to earn the 5% pa mthly.

Keeping my figures crossed till the day I need to make my final decision!