Cash Plus P&L #3 - Reaching my 1 Year Anniversary!!
I've just made a post on the coupon yields ive received since starting out almost a Year ago here: 690 SGD in coupons since last October?!?!?!
Go give it a read as its sort of tied to this P&L post.
Right so Cash Plus, which is basically just a Money Market fund, is likely the best introduction to a financial investment I've had since I started out, its simple, easy to understand and really helpful for most people no matter their investment needs.
I dont have specific % gains cuz i dont put all my capital into cash plus, or its rotating in and out as i trade.
But 130 bucks is more than enough to cover for any commissions i've paid (see the linked post above for my commission data).
To have a way of earning interest so quickly with the added bonus of liquidity is really shaming all the bank's inferior interest rates (<1% or similar interest but no liquidity.)
For reference, heres the other funds I have, cash plus has been decreasing in yields recently, as I explained in yet another post of mines, which was why i moved to $Aviva Investors Multi-Strategy Target Return Fund (LU1206712785.MF)$ as it had low volatility but somewhat higher consistent rates than cash plus.
Do bare in mind that A: its not financial advice and B: its not a guarenteed investment, interest is not guarenteed and losses can happen, but im willing to take that risk.
Thats all, I think cash plus will continue doing its job until i dunno, something happens and rates become 0.
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Yr 3 Banking & Finance student w 2 yrs forex, 6 months stocks. Moo earnings hub enjoyer
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