Increase funds in Hodlnaut crypto interest account and setting up OCBC RoboInvest again

My wife has been going into the office to work this week since it’s the start of her new job. And I have been driving her into and out of the city in the morning and evening as well as dropping off and picking up our boy from the preschool in the morning and afternoon. My helper and parents-in-law have been taking turns to bring our boy out in the afternoon after his nap for a few hours just to give me some time and space to catch up on my work. It has only been 2 days and I’m feeling more exhausted than usual. Not having my wife around at home to help out with our boy is making things more difficult for me but I’m hoping to improve at it eventually.

Anyway, I managed to squeeze out some time for this despite my busy schedule. Because I wanted to organise my finances by the last day of Aug so I can start Sep on a fresh note. I transferred some cash from my bank account into my Coinhako account and bought DAI. It had gone down over the last few days and I now have an increased cash buffer for investing. I transferred the DAI to my Hodlnaut crypto interest account and token swapped a third of my total DAI into USDT. I changed the crypto interest payout (rate is higher than DAI) for this portion from USDT to ETH.

I token swapped another third of my total DAI into USDC and changed the crypto interest payout (rate is also higher than DAI) for this portion from USDC to BTC. I left the remaining third of my total DAI and the crypto interest payout as DAI (even though the rate is lower than both USDT and USDC). My total Hodlnaut crypto interest account balance has gone up to about S$70,000, which is more than 5% of my liquid assets. I’m slowly increasing this to 10% as I start to get more comfortable with cryptos taking up a bigger position in my investment portfolio.

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After this, I was organising my sister’s OCBC RoboInvest account’s 2 portfolios when I noticed they now had a monthly investment plan option. I had previously exited my OCBC RoboInvest account 2 months ago because I needed cash funds then for the downpayment of my private property purchase. I was also getting annoyed with having to do manual transfers into my OCBC RoboInvest account and there was no way to automate it at that time. I’m happy to see this monthly investment plan option for OCBC RoboInvest and decided to reopen my account with 2 portfolios.

Each of my monthly investment plan has a different strategy and buys into different ETFs, stocks and funds. The total automated monthly cash drawdown to execute these investment plans will be significant. But this is exactly the kind of convenience I want in my life right now and I’m willing to pay higher fees for it. The way I see it is that I should only be allocating time and effort to making manual investments when there are big opportunities in the market. Otherwise, I will just be over-monitoring the market and too trigger happy with my cash balance for the sake of utilising it.

I’m better off just letting the automated investments do the work while I focus on my other priorities. Balancing my family and my needs is already proving to be a challenge without our finances coming into the mix. I don’t want us to have to keep worrying about our financial position on top of meeting the demands of our jobs. Let’s not forget the importance of self-care too. If I’m in a positive state of mind and feeling good about myself, it naturally extends to my family as well.