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$CSOP USD Money Market Fund (SGXZ96797238.MF)$$NVIDIA (NVDA....

$CSOP USD Money Market Fund (SGXZ96797238.MF)$ $NVIDIA (NVDA.US)$  $Tesla (TSLA.US)$ can we become a millionaire if we do consistent investment in this mmf ?
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  • YueXing(19) : possible if ya already almost had million dollars with you, if not is impossible...

  • 103953516 : This fund is basically a basket of fixed bank deposit. The interest rates take reference from FED's rates, as the FED had expressed that cuts will eventually come, the MMF's rates will go down along with the cuts. You can use a compounding interest calculator for reference expect the rates to stablize around 2%.

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