I have closed off all our Syfe portfolio and blogged about the rationale here - Bye Bye Syfe! To be honest, closing off StashAway crossed my mind too ever since I discovered the possibility of DeFi farming using stablecoin which I have blogged about here - DeFi - Farming MATIC using Aave + Curve. The strategy will give us about 30-40% yield (depending on the price of MATIC as well as the fluctuating yield of Aave and Curve) and with just US$30k, I could generate a monthly cashflow of ~US$800 or SG$1k. To generate that kind of cashflow traditionally assuming a 5% dividend portfolio requires a capital of SG$240k. However, it is not without risk and given that I am still fairly new to it, I will be observing for the next few months before deciding if I should move more cash over.

Investment for this month: KPO and CZM Cash - StashAway Risk Index 22% - $1,000 Baby Ong Cash - StashAway Risk Index 36% - $100

KPO SRS - StashAway Risk Index 36% - $638

Total: $1,738