17 May 2025

Pumping all my loose $1 change to generate more interest !

While GE2025 had came to an end, one must adjust the strategy to generate more interest. So i digged out all my $1 coin to deposit and started some interest rate earnings. Of course these are not much, but i managed to get 630 coins to deposit and it somehow rejected about 85 coins which i tried to deposit time and time again. Hence I managed to get $630 dollars worth of $1 coins to add up to my overall SGD strategy. With the current government in charge, it is better to hold on to the SGD. Today's Coin deposit machine do not charge a fee anymore and this is a very good move that I started to deposit now instead of the past few years. Still keeping the rest of the older $1 coins so that SG100, it will be worth more than 5 times of the face value. However, i still felt the hassle of depositing coins, but finally got it done. 

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