I received a notification that my 18 months fixed deposits are maturing. Time really flies. Seems like it was only recently that fixed deposits were paying as high as 4.2% p.a. Well, a quick check tells me the highest interest rate I can get now from CIMB is 3.3% p.a. This is also for a much shorter 3 months tenure. The interest rate falls to 3% p.a. if we choose a 12 months tenure. This is probably because every institution is factoring in interest rate cuts towards the end of 2024 and also in 2025. The news is that the ECB will cut interest rates before the FED. This is good news for interest rate sensitive risk assets like REITs, for sure. So, what am I doing? Like I shared in a recent blog and YouTube video, I maintain $250K in my emergency fund. I park the money in fixed deposits. I will continue to do so. I would do this in batches of $20,000...