Personal Finance
Seventy Two Percent Invested, Twenty Eight Percent Cash
By My Sweet Retirement  •  December 23, 2017
Cash on hand increased to twenty eight percentage this month as I received my December salary and Annual Wage Supplement.  The AWS is also called the “13th month payment”. If you didn’t know, according to Ministry of Manpower website,
  1. Annual Wage Supplement is not compulsary
  2. Your employer can negotiate a lower amount of Annual Wage Supplement if business results are exceptionally poor for the year.
Cash is like an option over every asset class, with no expiration date and no strike price. Cash provides the option to sweep up a bargain when it becomes available and this must have some value above the fact it earns almost nothing.
My cash balance is after paying off one year of my child’s school fees, one year HDB car park fees and topping up my supplementary retirement account. There are a few stocks that I am currently watching as the prices has ......
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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