Make idle cash work…
Cash Funds are a great idea. ![]()
Leaving idle cash growing while you wait for the “durians to drop”. I buy both US and SGD. seems decent profits so far. ![]()
On another note, Earning 5% in a month on Fidelity funds seems better than 5% per annum. ![]()
I’m still waiting for the prices to fall lower for these stock that i’m waiting for the durian to drop. ![]()
Bought $AMC Entertainment (AMC.US)$ yesterday at 3.74. ![]()
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2024H1 Moomoo Alchemist
Investing casually and learning as I go.
My journey to double my 💰at the min.
While sharing journey w kindred souls.
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FlyingRain : how does the fund work?just put money in and can get 5%?
CasualInvestor OP FlyingRain : It depends on the performance. It’s not fixed or will give 5%.
FlyingRain CasualInvestor OP : oh.so is also buy and sell to get the 5%?
CasualInvestor OP FlyingRain : No. Leave the money in the cash fund to get daily earnings.
Gold in stocks FlyingRain : Funds are considered a relatively stable type
股中股 FlyingRain : Gather everyone's funds and let them keep them. If you have profit, you have profit; if you don't have that, you lose
FlyingRain 股中股 : understand
股中股 FlyingRain : A fund is different from the original stock. The essence of a fund is a team to help you keep it, and the stock purchaser becomes a shareholder of the company
FlyingRain 股中股 : Being able to earn 1-3% of this capital in a month is much better than Fullerton Cash Fund's 3.8% a year
股中股 FlyingRain : The fund management company is managed by a dedicated person. Although the profit is not as good as the original stock, it is very stable
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