I also want to earn money lying down.
This is my first buy. $CSOP USD Money Market Fund (SGXZ96797238.MF)$, the minimum trading amount is only 0.01 SGD or USD.
Money market funds are low-risk investments. With the high volatility in the stock market currently, we can place idle cash into money market funds while waiting, earning profits at the same time. When needed, we can withdraw the funds for use.
What is a money market fund?
👉https://live.moomoo.com/course/content-detail?course_id=54820§ion_id=220317149&type=1&source=course&skintype=3&clientlang=0&clienttype=52&user_id_type=3&clientver=12.25.7108&is_visitor=0&data_ticket=f1dd4799f3f97cac7bff22fdc9e19726&main_broker=WwogIDEwMDgKXQ==&user_main_broker=WwogIDMKXQ==&lang=zh-cn
Why might the performance of money market funds exceed that of most savings deposits?
👉https://live.moomoo.com/course/content-detail?course_id=54820§ion_id=220744066&type=1&source=course&skintype=3&clientlang=0&clienttype=52&user_id_type=3&clientver=12.25.7108&is_visitor=0&data_ticket=f1dd4799f3f97cac7bff22fdc9e19726&main_broker=1008&user_main_broker=3&lang=zh-cn
I prefer trading in US dollars. Having both US dollars and Singapore dollars in one account confuses me, so I only want to use one type of currency.
Hope to launch more other types of US dollar MMF trades.
Money market funds are low-risk investments. With the high volatility in the stock market currently, we can place idle cash into money market funds while waiting, earning profits at the same time. When needed, we can withdraw the funds for use.
What is a money market fund?
👉https://live.moomoo.com/course/content-detail?course_id=54820§ion_id=220317149&type=1&source=course&skintype=3&clientlang=0&clienttype=52&user_id_type=3&clientver=12.25.7108&is_visitor=0&data_ticket=f1dd4799f3f97cac7bff22fdc9e19726&main_broker=WwogIDEwMDgKXQ==&user_main_broker=WwogIDMKXQ==&lang=zh-cn
Why might the performance of money market funds exceed that of most savings deposits?
👉https://live.moomoo.com/course/content-detail?course_id=54820§ion_id=220744066&type=1&source=course&skintype=3&clientlang=0&clienttype=52&user_id_type=3&clientver=12.25.7108&is_visitor=0&data_ticket=f1dd4799f3f97cac7bff22fdc9e19726&main_broker=1008&user_main_broker=3&lang=zh-cn
I prefer trading in US dollars. Having both US dollars and Singapore dollars in one account confuses me, so I only want to use one type of currency.
Hope to launch more other types of US dollar MMF trades.
Update:
Never mind, I just received a cash voucher and I have deposited it $Fullerton SGD Cash Fund (SG9999005961.MF)$。I had to try it before I knew.
Update again
Equivalent to buying higher-risk stock funds, I prefer lower-risk money market funds, so I buy again $CSOP USD Money Market Fund (SGXZ96797238.MF)$and plan to hold it for the long term.
Why might the performance of money market funds exceed that of most savings deposits?
👉https://live.moomoo.com/course/content-detail?course_id=54820§ion_id=220744066&type=1&source=course&skintype=3&clientlang=0&clienttype=52&user_id_type=3&clientver=12&is_visitor=0&data_ticket=f1dd4799f3f97cac7bff22fdc9e19726&main_broker=WwogIDEwMDgKXQ==&user_main_broker=WwogIDMKXQ==&lang=zh-cn
#Please note, this is just personal sharing and not investment advice.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Allium tuberosum : I bought you a little bit of existence.
steady Pom pipi OP Allium tuberosum :
JKHU : Let go of 100 and take a look
steady Pom pipi OP JKHU :
Sandy8118 : How do I buy it? I won't, can you tell me if you can do it?
steady Pom pipi OP Sandy8118 : https://www.moomoo.com/hans/community/feed/108037524291590?lang_code=0&data_ticket=f1dd4799f3f97cac7bff22fdc9e19726&content_type=feeddetail&channel_name=15
steady Pom pipi OP steady Pom pipi OP :
steady Pom pipi OP steady Pom pipi OP : You can pay attention before you start investing@moomoo Learn SG@Moo_RichCome and find out more.
steady Pom pipi OP Sandy8118 : You can pay attention before you start investing@moomoo Learn SG@Moo_RichCome and find out more.
Sandy8118 : Ok, thank you.