5.8% this August 2023 for your MooMoo Cash Plus, better than bank saving & fixed deposits and higher than T-bills too!
Hello Mooers! ![]()
This August 2023, $Futu Holdings Ltd (FUTU.US)$ MooMoo have an exciting promotion for your moolah in your MooMoo Cash Plus. Mooers can get 5.8% p.a. guaranteed returns for 30 days after fulfill either one of them:
What's more, Mooers will get 1-year commission free on SG stock market trades as this promotion is held to celebrate Singapore 58th birthday! ![]()
Currently, both SGD ( $Fullerton SGD Cash Fund (SG9999005961.MF)$) and USD ( $CSOP USD Money Market Fund (SGXZ96797238.MF)$) MooMoo Cash Plus 7-days yields are 3.9% and 5.3% respectively. With this promotion, MooMoo Cash Plus gives Mooers extra moolah to tide over this period of sticky inflation. Thank you Futu MooMoo! ![]()
So what are you waiting for? Come, come and click the link below to get your 5.8%, and remember to do it before the end of Aug 2023! ![]()
Next, we discuss about what the Fed will do in September and what are my plans for MooMoo Cash Plus in Q3 2023.
As you know, the next Federal Open Market Committee (FOMC) meeting will be held on September 19-20, 2023 (Tue, Wed). This committee makes key decisions on interest rates, which will have an effect on Money Market funds such as those in the MooMoo Cash Plus.
Based on the CME FedWatch tool, it is likely that the Fed may hold the rates steady for the Sep 2023 meeting. This probability may change due to many factors, that may include scenario where wars have expanded to more areas (*1, *2), as we get nearer to the FOMC meeting.
As for my investment plans for Cash Plus in Q3 2023, I will continue to add more moolah into MooMoo Cash Plus and will add even more moolah if there are irresistible promotions such as the 5.8% MooMoo Cash Plus promotion, which help me to grow my money while waiting for attractive stock opportunities. ![]()
Hmm... I wonder which feature(s) attract Mooers to invest in MooMoo Cash Plus. ![]()
We have come to the end of today's topic. Remember to show your support by follow, like, share and comment on this post and as always, don't forget to DYODD (Do your own due diligence) when making any kind of investment. ![]()
References:
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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PassiveLearner : Safety and stability is where $Fullerton SGD Cash Fund (SG9999005961.MF)$ will attract investors to keep their funds safe while the market storms come.
Mars Mooo OP PassiveLearner :
Mars Mooo OP 50梁山 :
Mars Mooo OP 50梁山 : It's like a rollercoaster. The rush of adrenaline makes one feel electrified, regardless how high or how low it can go. Simply makes one fill with excitement and satisfaction, and put a smile on your face.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Mars Mooo OP 50梁山 : No, I think it is well suitable for those with high blood pressure, as it helps to open up the eight extraordinary meridians, which result in the meridians to be unobstructed, and thus the skill can be quickly improved.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Mars Mooo OP 50梁山 :
Mars Mooo OP 50梁山 : Ah, I see you're a man of culture as well.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Mars Mooo OP 50梁山 :
Finzy : That means to get up to SGD 143, need to deposit 10K + subscribe 30k of cash plus = need to put in 40k?
Mars Mooo OP Finzy : Nope, just need to deposit 10k and do 5 buy trades, follow by subscribe 30k MooMoo Cash Plus. The 30k can be from 10k deposit plus 20k new deposits or just 30k new deposits.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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