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StashAway – May 2021
By KPO and CZM  •  June 27, 2021
We just came back from our first staycation with Baby Ong at Shangri-La (Garden Wing) and the experience is so different with a baby where half the time was spent in the room trying to coax her to sleep. lol. We were also disappointed with Shangri-La when we compared it with our Andaz Residence King Bed Suite Staycation last year. Shall blog and elaborate more in my next article! In last month StashAway update, I mentioned the possibility of closing off StashAway to move more money into DeFi but has decided not to do it for 2 reasons:
1. CZM was not comfortable with that idea. When I closed Syfe, the money was used to invest in REITs (to increase the ability to leverage) so she's perfectly fine with it.
2. The yield has dropped drastically from 30-40% for stablecoins when I first discovered and blogged about it (DeFi - Farming MATIC using Aave + Curve) to 7-10% which makes it a lot less attractive now for the risks I will be taking on.
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By KPO and CZM
I am Ong and my fiancee (Chan Zui Mao a.k.a CMZ) calls me a Kiam Pok (i.e. stingy/thrifty depending on how you look at it). Hence, the nickname KPO (Kiam Pok Ong). We have decided to name the blog KPO because I have proposed to CMZ successfully and she is officially a KPO too. The purpose of the blog is to list down all the money-saving tips, our investment/journey to financial freedom and to document my life with CZM.
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