How did RSP and SmartSave impact your investment outcomes with Cash Plus?

I guess it may remained high for quite some time .

As we know, there are not that many cheap stocks avaliable currently now (Some may seem reasonable but we don't really like that particular stock). In my opinion, I think most of them are kinda expensive.

The SGD version :

If u compared it to the USD version, the yield rate seem a bit low. However, USD currency seem to be quite volatile. Surprising/funny fact is that USD currency can even crashed with the continuous high interest rate in the past few months +... (now starting to increase back to a more reasonable pricing soon=got more room to grow, in my opinion)

If u does not invest in the US stock market/don't dare to touch USD currency, I think u can just forget about the USD version. Do what u are comfortable with ~

Welp, maybe moomoo can give us some good quality promo coupons for the cash plus so that the SGD version won't look so pathetic as compared to the USD version ~

Since last epsiode :

Not bad, if I'll to say so ~

Yeah, I'd activated SmartSave.

I also did used before the RSP when moomoo offered us some good promotion coupons. Hope to get more ~

SmartSave does bring great benefits in my investment journey.

I don't really care about the auto-investing feature (only for lazy ppl/those with no free time to monitor their accounts), the increase buying power or maintained 99% buying power after investing in Cash Plus (whatever u call it) is what I like the most=it allows u flexibility of investing in between funds & the stocks market (eg. timing market) while earning small interest at the same time.

Cash Plus investment is relatively low risk that even idiots who does not know how to invest in the stock market can still earn relatively good returns daily with the currently high interest rate. Cash Plus is generally quite suitable for very conservative investors in my opinion.

Not too long ago, I heard that u can now use option cash secured put with SmartSave at 100% invested in Cash Plus=no more 50% collateral cash required to be redeemed back in the trading account as idling cash =?

I has yet to test it out yet, but if it's true, it's really great news =ur collateral 50% cash secured put option is now earning interest in Cash Plus instead of just decaying away🗑 in the trading account as idling funds . (Had been waiting for this changes for so long )

Good things of course come with some downsides too=some privacy, funds management accounting complication & currency exchange delay concerns (need redeem 1st & wait arrival then can do currency exchange ) to me. However, the deal is so attractive that I even exchanged it with those downsides= I think the benefits outweighed the downsides .

I hoped that moomoo can also do something about the currency exchange delay=like can make it able to exchange currency instantly ?