Singaporeans rushing to deposit money at specific times of the day once a year to gain prosperity are engaging in a futile effort.

This is according to fengshui masters.

In an interview with The New Paper in 2016, they said the practice of depositing money on Li Chun for good fortune is a myth.

No basis for belief

The practice apparently started a few years ago in Singapore when a chart was made depicting the supposedly auspicious hours to deposit money based on your Zodiac sign.

This resulted in long queues at money deposit machines.

However, a fengshui master, Adelina Pang, who has been in the industry for two decades, said: "Someone invented this belief of depositing money on Li Chun for good wealth and now, it has become the talk of the town... In pure fengshui, there is no such thing as depositing money on that day for good wealth."

Another fengshui master David Tong, who has been in the industry for more than a decade, said: "Li Chun just marks the beginning of spring and a year of transition."

Trend started in 2014

Lianhe Zaobao mentioned the trend started in 2014.

It also quoted Fengshui practitioners who said the belief is nonsense and has no basis in Chinese metaphysics.

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Fengshui practitioners says "be practical"

So, what does it take to get lucky then?

Here's the astute observation of the fengshui master Tong: "You don't have to do anything to change your luck. If it is a good year for you, everything will go smoothly automatically."

Guess we won't be needing the services of a fengshui practitioner too then.