Consistent returns

It took me about 6 months to achieve this returns on a 30k base. This is a safe haven against the backdrop of a turbulent equity market. It is also more attractive given the persistently high interest rates. Interest rates won't be coming down anytime soon for the next 2 years so cashplus will still remain highly attractive.

What I do now is to pay myself first, by allocating a certain % of salary into cashplus. This creates 2 benefits: compounding daily returns on an increasing capital, & forcing myself to save. The diaky interests keeps me motivated to save more. Cashplus is also highly liquid with next-day withdrawal should we need the money.

As for the enxt interest rate hike, although the sentiments are down, I do think that the FED will remain at 25 basis points. As they have mentioned before, they will study the overall persistent trend rather than basing their decision on 1 single data point. However, if the next cpi and unemployment rate remains sticky, then yes, interest rate may rise. But hey, cashplus will rise correspondingly too!