Tenth Berserker Rage Of 2023

 Wah lao eh.

I thought I had a really good run with no berserker rages since September.

Dammit man really upset with myself but I felt compelled to document this so I remind myself what a gambler I am.

Maybe lately work has been stressful.

I know it’s no excuse but still.

Last night just decided to find my IG Markets account and played Knock In/Knock Out options on Nasdaq100 until I lost whatever I funded.

Really like a casino.

Ended up losing 4K.

Not as much as the last few rages and thankfully my last couple months have been super profitable but this quick loss still hurts.

But still.

Always wake up beating myself over why I’m so reckless.

Let this rage be the last for 2023 and hopefully none in 2024!

Cash Hoard

UOBOne. Max it out. 100K maximum in there nets you 5% pa when conditions are met.

OCBC360. Max it out. 100K maximum in there nets you 3.8% pa when conditions are met.

SSB. Max it out. 200K cap maximum. This period you can get >3% interest for 10 years guaranteed. Good to consider a ladder.

TBills. No cap but locked in for 6 months. This period you can get nearly 4% for 6 months locked in is really good. Only risk is 6 months later, interest rates might have dropped who knows. Good to consider a ladder.

FD in obscure bank. Fixed Deposits in those less popular consumer banks like RHB, ICBC, SBI or Maybank can give you around 3.5% now for a full year. 

Just doing all this gives you free money, near zero risk. Again, seriously, NEAR ZERO RISK! And a lot more than what all these have netted you just 12 months ago.

What’s not to like?

Passive income at its best.

Shiok.

A Really Good Period

 This is the way.

Just chill and cash in on high interest rates.

That’s it.

Keep it simple.

Don’t gamble, don’t take unnecessary risks, don’t make foolish trades.

And watch the AUM grow.

Also Gold headed down as expected. YAY!

Crypto especially BTC is heading up. YAY!

No berserker rages since. YAY!

Huat ah!