JSGR
commented on a stock · Aug 28 00:09
Don't waste time
$United Money Market Fund-Class R (MYU9100AN000.MF)$ Moomoo initiative is good but this MMF choice is nothing good. First of all, it took longer to process compare with other MMF. Secondly, there is no return on weekend. Thirdly, it does not update the return daily as expected. Lastly, the return is not better compare to others MMF or digital bank daily interest. It takes less than an hour to deposit money to Moomoo account so it just wasting time to park idle money here. Here is the honest feedback after i tried on it and redeemed from it.
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Nedinsellian : Boss, you need to be patient if you want to invest in the fund.
ericlaiys : temporary park money rather than leave it idle in moomoo. at least got interest rather than zero
CY90 ericlaiys : temporary park for interest, what u expected . aiyo
JSGR OP CY90 : There is better option for temporary park, why not?
104944306 JSGR OP : May I know Any recommended place to park my idle money?
103485432 : if weekend no interest how they get 3.65 percent p.a???