July Challenge #3 post
Nothing beats $Fullerton SGD Cash Fund (SG9999005961.MF)$ The yield may flatuate but is considered stable compared to any other funds. This is my go to money market fund.
There is also $Fullerton Fund - Fullerton SGD Liquidity Fund (SGXZ40088619.MF)$ which is T+0, ensuring same day redemption but I find that the yield is less than the former. Combine this cashplus with fund cash coupons (for money markets) and fund yield coupons is the best strategy to maximize my returns!
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Discern : How to get fund cash coupon n fund yield coupon, please educate.
sociable Dingo_8604 OP Discern : You need to participate in moomoo promotions and events, after completion, moomoo will award you the coupons if you meet the criteria
jchen015 : how long have you deposited to hit 5k? or is your amount every huge?
sociable Dingo_8604 OP jchen015 : Started in Sep 2022, my amount is not fixed as I sometimes put in more or withdraw out.
LeonCheng9999 : Wow
I just bought it for $80. How much can you invest to get more profit? Please take it with you 
LeonCheng9999 : Was that $5+k of earnings earned today or in a few months?
sociable Dingo_8604 OP LeonCheng9999 : Every 10k subscribed will get you about +- 1 sgd per day
sociable Dingo_8604 OP LeonCheng9999 : Is since sep 2022
nikkej : i am sure that income is based on avarrage balance of about 200,000 SGD. IMHO this money would earn better returns in any random us ETF.
sociable Dingo_8604 OP nikkej : Yes agree on that. It is actually less than 200k but accumulation over many months. If I have picked a US tech etf back then, I would have indeed gained even more.