I have picked up Yu Gi Oh again!
Found that I could play it for free online.
It was something I played but only for a bit and I enjoyed the anime.
I didn’t have a deck of my own as it was too expensive to build one.
I had to use a friend’s deck.
It was so long ago.
Old brain.
So rusty.
It is a strategy game that really tests my ageing brain which is a good thing.
Helps to slow the onset of dementia, maybe.
Anyway, like I said in a previous blog post, I have been contemplating just buying T-bills and bonds from now on.
Of course, if the yields decline, I could always go back to making contributions to my CPF account.
Regular readers know that I treat my CPF savings as an investment grade bond component of my portfolio which pays reasonably attractive coupons.
This way, I would continue to grow the risk free component of my investment portfolio.
I must realize and embrace the fact that I don’t really have to take on more risk anymore although I could still buy more stocks if Mr. Market goes into another severe depression.
Like I said several times before, that would be the time to dismantle my T-bill ladder.
Doing this, buying T-bills and bonds in the meantime, price volatility on the portfolio level would reduce over time.
The last T-bill auction saw a cut-off yield of 3.74% p.a.
Until the Fed reduce interest rate, I am expecting similar cut-off yields for the time being.
I have put in a non-competitive bid for the upcoming auction happening on this Thursday, 18th of January.
That’s all for this update.
If AK can talk to himself, so can you!
Related post:
SSB, T-bills, banks and plan.