In February, I bought T-bills again although in smaller sums compared to January. I had thought I would not be buying any T-bills in the month of February. Why? I blame the fixed deposit promotions from DBS and OCBC. Their promotional interest rates of 3.9% p.a. and 4.08% p.a. drained whatever excess cash I had. Alamak! All money locked up? How like that? Readers who have been following my blogs for many years would have an inkling that AK would never allow something like that to happen. It was mostly money which was locked up before getting locked up again but with higher returns. People cannot say cash is trash anymore. Even Ray Dalio says that cash is no longer trash and, on hindsight, it was better to hold cash than many assets in 2022. After placing those fixed deposits with DBS and OCBC in February, what cash I had left was mostly in my float which I didn't want to lock up....