Great place to park cash
1. The cash plus is great to park your cash while waiting for opportunities in the stock market. The yield is attractive compared to banks and you don’t need to worry about liquidity.
2. It’s even more attractive to use coupons. Some cash coupons (not all) can be used in the money market fund. Given the low risk (if not completely risk-free), you can redeem the cash coupon by investing in the cash plus without risking your principal. The coupon can be collected every week (18sgd every week)!
3. Hope there will be a money market fund in USD in the future.
2. It’s even more attractive to use coupons. Some cash coupons (not all) can be used in the money market fund. Given the low risk (if not completely risk-free), you can redeem the cash coupon by investing in the cash plus without risking your principal. The coupon can be collected every week (18sgd every week)!
3. Hope there will be a money market fund in USD in the future.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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102301620 : good