US assets: 401k USD560K (ring-fenced) · IBKR SG USD368K (redeployment candidate) · Schwab USD75K · Wells Fargo USD159,830.79 net (added 17 Jul 2026) · Social Security USD31K/yr from 2034.
⚠ Pre-existing discrepancy, not caused by today's addition: this page's prior total (USD1,211K) does not reconcile with its own listed components at the time — 401k 560K + IBKR SG 368K + Schwab 75K = USD1,003K, a gap of ~USD208K with no visible source on this page. Flagging rather than silently absorbing Wells Fargo into a corrected grand total — the USD1,211K figure needs its own reconciliation pass before any new total is trusted.
Wells Fargo (Teik-Kheong)
Confirmed via Wells Fargo app screenshot · 27 Jul 2026 (Account Summary)
Cash Accounts (4)
USD 96,706.88
≈ S$123,320.61
WellsTrade IRA ...6920
USD 63,906.37
≈ S$81,493.40 · Wells Fargo Clearing Services LLC
Credit outstanding
−USD 875.57
≈ −S$1,116.53
| Account | Balance (USD) |
|---|---|
| Jess-TK Checking ...2915 | 34,143.65 |
| Jess-TK Savings 2 ...1098 | 61,938.71 |
| WAY2SAVE Savings ...3914 | 295.24 |
| WAY2SAVE Savings ...2584 | 329.28 |
| WellsTrade IRA ...6920 (Wells Fargo Clearing Services) | 63,906.37 |
| Wells Fargo Advisors Visa Signature ...4862 (outstanding) | −875.57 |
Net Wells Fargo position: USD 159,737.68 ≈ S$203,697.49 (at page rate 1 USD = 1.2752 SGD). Change since 17 Jul snapshot: Savings 2 down ~USD860, credit card outstanding down ~USD767 (paid down), IRA up ~USD1 (FGTXX accrual).
Idle Cash — Yield Gap Identified (27 Jul 2026)
Not investment advice — factual flag only: ~USD 96,573 sits across Jess-TK Checking and Jess-TK Savings 2, both standard Wells Fargo consumer deposit products. Checking accounts pay ~0% APY; Way2Save/standard savings typically pay well under 0.5% APY absent a Relationship/Platinum tier or promo rate — this dashboard has not yet confirmed which tier applies to these two accounts.
| Option | Typical yield range | Notes |
|---|---|---|
| Leave as-is (checking/standard savings) | ~0–0.5% APY | Current state — likely near-zero real return |
| Wells Fargo Platinum Savings (relationship rate) | Variable, ask branch/app for current tier rate | Same bank, no transfer needed — rate depends on relationship tier, not published reliably |
| WellsTrade brokerage sweep / MMF (e.g. FGTXX, same fund as the IRA) | ~3.2–4.2% (52-wk range, per 17 Jul note) | Taxable outside the IRA wrapper (unlike the IRA position) — would need a taxable WellsTrade account, not the Traditional IRA |
| Short-dated T-bills (via IBKR, already in use elsewhere) | ~4–5% (varies with rate environment) | Already Prof's tool of choice for SSB/short paper on the Singapore side |
| CD (Wells Fargo is currently advertising a "Special Fixed Rate CD") | Check current advertised rate in-app | Locks funds for term; rate shown in this session's screenshot but not captured — verify before committing |
Rough uplift estimate: moving ~USD 60–90K (keeping a working float in checking) from ~0% to a conservative 4% yield ≈ USD 2,400–3,600/yr (~S$3,060–4,590/yr) — comparable in scale to the WellsTrade IRA fix already executed. Exact figure depends on how much float you want to keep liquid in checking and which vehicle you choose.
Next step is a decision, not yet executed: (1) confirm current Way2Save/Savings 2 tier and rate in-app, (2) decide how much checking float to keep untouched, (3) pick a destination (Platinum Savings vs. brokerage MMF vs. T-bill vs. CD) — then this dashboard can log the move once made. I'm not a licensed financial adviser; this is a factual comparison, not a recommendation of one option over another.
WellsTrade IRA ...6920 — Idle Cash Fix
Diagnosed 17 Jul 2026 · confirmed via Wells Fargo Advisors Q2 2026 statement (Apr 1–Jun 30, 2026), account 5340-6920
Confirmed 17 Jul 2026 (official statement, not inferred): Account type = Traditional IRA ("WFCS CUSTODIAN TRAD IRA," Tax status: Retirement). Sweep option = Bank Deposit Sweep, 0.100% APYE, Q2 2026 interest = $15.93 (Apr–Jun), estimated annual income $64.00 on $63,903.04. No RMD until age 73 (Prof is 62, per confirmed CPF payout timeline elsewhere on this dashboard) — not urgent. Withdrawals fully taxable as ordinary income when eventually taken; may also trigger US non-resident withholding given Prof's Singapore residency — a question for whenever a distribution is actually planned, not now.
✅ EXECUTED 17 Jul 2026, 12:14 PM ET:
- Bought FGTXX (Goldman Sachs FS Government Fd Class I) — $63,900.00, Reference #26198051600, $0 commission, Reinvest Dividends elected. Remaining $5.84 stays in Bank Deposit Sweep.
- Diagnosis fully confirmed against official Q2 2026 statement: was 0.100% APYE, Bank Deposit Sweep, Wells Fargo Bank N.A. (FDIC cert 3511).
- Note: FGTXX is technically the Institutional share class (normally $10M minimum) but confirmed accessible in this account via the WellsTrade fund screener's "Available in My Account" filter — broker-negotiated access, not a public retail minimum.
Expected uplift: ~USD 2,910/yr (~S$3,711/yr at page rate 1.2752), pending confirmation of FGTXX's actual net yield to this account (last seen: 52-week range 3.26%–4.20%, NAV $1.00). vs. USD 64/yr on the prior 0.10% sweep rate. Adds directly to the SGD 100–150K/yr 2032 passive income target, alongside the SRS SSB/Amundi plan on singapore.html.
Full content available — see Global and Cash Flow for all charts. This page is being populated.