I’ve always been putting my warchest in POEM money market fund (MMF). Recently, I noticed that the unit price of the MFF had been increasing at an accelerated rate. Fortunately, I had some data that I always recorded when I’m doing my monthly accounts, so I had access to the unit price changes of the MMF every month (most of the time anyway). I needed to know roughly how much interest it will generate so that I can properly allocate to the various instruments for my cash.

So far, I’ve been putting it in these few places:

1) MMF
2) Normal savings bank account (not the hurdled type)
3) Singapore savings bond (SSB)

This is my allocation to my warchest. It doesn’t include emergency funds:

1) MMF – 30%
2) Bank accounts – 35%
3) SSB – 35%

I keep some liquid cash in normal bank accounts for day to day use and the bulk of the money under