What is the best amount to invest in this cash Fund?
I understand that there are people who put in like 10k++ or something like that but I don't have that kind of money, so as a newbie, can you share what your experience is on how to invest? What is the comfortable amount I should invest in if I want to see a profitable result? thank you for reading!
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agreeable Hound_0795 : can try putting like 5k, but interest will be like 40-50 cents
101532647 : 2100- gets you 0.2x cents daily
sociable Dingo_8604 : There is no fixed amount, can invest as little as 0.01 sgd but of course the interest earned will equally be little. Put in an amount you are really comfortable with to start with, then you can put in a bit more every month. Currently every 10k gets about 1sgd per day and the interest is compounded into your principal daily.
103929048 : slowly add when u have spare cash
oceanboi : no best amount.. take it like a savings account
Retired : I started at $5 per day then one fine day it come $6k per month
102595825 wil sociable Dingo_8604 : so interest is around 3.65%
JJ Hou : I believe the interest rate is ever-changing daily
Flying_Cat OP Retired : wow how hahaha?
Retired Flying_Cat OP : Trust the time, putting $5 does not able to see daily return being generated. At least $100 then you will be able to see like 0.01 daily return. If you have idle cash and does not know what to do, try putting it in, time will show you the return. Just for reference.. but if got better place to invest, try not to pool every cent in here too:) my peanut salary :x cannot compare to the rich.