I started with $100 in Cash Plus since last year September. Ever since then, I have been putting in 5-20k intervals per month. Coming into my 5th month, I have earned more than 1k. I really love$Fullerton SGD Cash Fund (SG9999005961.MF)$because of its flexibility to withdraw at any time, unlike the traditional Bank fixed deposits which requires a lock in period of at least 8months. Furthermore, combining fund coupons lets me earn even more interest!
This year 2023, I decided to venture in USD currency where moomoo conveniently converts SGD to USD seamlessly. With that, I started my journey with$CSOP USD Money Market Fund (SGXZ96797238.MF)$My returns are also stable and it is exciting to see it grow day by day, compounding my interest to earn more. When USD starts to appreciate, I can earn even more!
With the hawkish sentiment of the feds, I believe they will increase by 50 bps in March 2023, if not, another 25bps. I will definitely put in more into$Fullerton SGD Cash Fund (SG9999005961.MF)$because of its higher interest rate, stability and flexibility.
I hope moomoo can issue us more cash fund coupons to help us earn more money! ❤️
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sociable Dingo_8604
OP104135622
:
My return of 1k is not achieved in 1 month. It is a accumulation of 5-20k monthly for 5 months since I started in Sep 2022.
sociable Dingo_8604
OP104135622
:
If you want to receive at least 1k per month of interest with Fullerton cashplus, u need to subscribe at least sgd 325k at around 3.8% interest yield. This is estimated based on the 7day average yield of this money fund.
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.
104135622 : May I ask how much money you have invested in the Futun Singapore Dollar Monetary Fund to reach interest of S$1,000 a month?
sociable Dingo_8604 OP 104135622 : My return of 1k is not achieved in 1 month. It is a accumulation of 5-20k monthly for 5 months since I started in Sep 2022.
sociable Dingo_8604 OP 104135622 : If you want to receive at least 1k per month of interest with Fullerton cashplus, u need to subscribe at least sgd 325k at around 3.8% interest yield. This is estimated based on the 7day average yield of this money fund.
KingKhongWS sociable Dingo_8604 OP : Today, 24/04/2023, the NAV is at $1.1242. It gone up so much compared to the photos you shared. Well done!