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 …