Fund
Money Plus is a wealth management service that lets users subscribe to funds directly through the Moomoo app. Professional fund managers oversee the management of this fund.
I was aware that there were some advantages to investing in funds:
1) Save time: When you invest through a fund, the fund managers do the research and investing for you.
2) Diversification: The funds invest the pooled money in a variety of company, assets , industries, and so on.
I've never tried this money fund, but I still enjoy managing my own fund, conducting my own research on companies, and performing technical analysis on my investments.
For cash fund type, I’ve been investing in the $Fullerton SGD Cash Fund (18000222.FD)$ since May 2022, it is a low-risk fund that provides investors with short-term liquidity as well as a stable and conservative return. Because it always has a positive monthly return, so this fund is regarded as a safe and stable source of income. Profits appear every day after we invest our money. This fund type has the benefit of having funds available right away, making it ideal for funds that are sitting idle waiting for opportunities. We can leave the fund invested and redeem when a market opportunity arises, making the fund immediately available for investment.
Happy investing!! ![]()
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