Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

PCT: 4% 7Days Yield Riskfree v6.0

PCT: 4% 7Days Yield Riskfree v6.0
PCT: 4% 7Days Yield Riskfree v6.0
PCT: Pandas Coffee Talk. High inflations mean high interests returns. Moomoo Cash Funds = 4%? Look again!!! It is 7Days yield of 4%. That works out to 4% x52Week = 200% p.a. Because the yield is compounded every 7Days. That actually works out more to 1.04^52= 760% p.a. Talk about riskfree high returns.
So in theory. If you keep all your cash into Cash Funds. Your money will be x7Times multiplier each year. That means no shares tickers can beat that.
Confusions Disclsimer: at T+7D. Your interests returns is not 4%. But 4%*7/365? Because last time. Me seem to get this calculations. Then 7Days yield may be misleading. But actually mean 4% p.a.
Sorry Brother. Wrong Goose chase. Me think 4% 7Days yield = mean it is 4% p.a but computed pro-rated every 7Days.
Disclaimer: me PANDA is in the monk entertainments imdustry. And this post should be treated as pure pandas entertainments.
PayNow: S6904193J.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
+0
Translate
Report
15K Views
Comment
Sign in to post a comment
    Small fry monk investor. New in investing & trading. See myself going Trillionaire. Eternal life & nothing better to do.
    490Followers
    5Following
    2025Visitors
    Follow