I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

Click to email CW8888 or Email ID : jacobng1@gmail.com

Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down

Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Thursday 1 September 2011

Two Bank Accounts? No, You may need Four! - (4)

Read? Two Bank Accounts? No, You may need Four! - (3)

My cyber readers, MayBank is now giving you 4 accounts that you need for a peace of mind in investing. hee hee!

Maybank Singapore launches new savings management tool

SINGAPORE: Maybank Singapore has launched a new savings management tool for its deposit accounts.

The bank said that with this innovation, depositors will not need to open multiple savings accounts when saving for different goals and occasions.

This means that depositors can create sub-accounts that reside within their main savings account using this free tool.

Maybank said that for example, one can name sub-accounts as "Paris holiday - S$5,000, by end November", or "Mountain bike - S$2,000, by 15th October".

The bank said it has received feedback from customers that they opened multiple savings accounts to better manage their finances. It added that this will encourage customers to save towards their goals and dreams.

According to Maybank, up to 15 sub-accounts can be created, and depositors will still enjoy the same interest rate in their sub-accounts.


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