Starting September on a high noteš¤©September P/L Challenge #1
Wake me up when September ends
When I first joined moomoo my primary goal was asset preservation while achieving relatively safe, stable and higher returns than what bank FD or tbills can provide. Thanks to moomoo I was able to successfully achieve that goal
With the help of money market funds and extra boost from various moomoo events & promotions I was able to achieve 9+% returns!
So glad my sister introduced me to the awesome app! It is such a rewarding experience!
September have arrived and I hope to continue maintaining and possibly even increase my returns with what I have learned from moomoo!
Also will my strategy of keep buying nvidia continue to work?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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I Am 102927471 :
Guy who cried wolf : may I know what you've done to earn a stable profit?
mr_cashcow OP Guy who cried wolf : Mainly money market funds that gives daily returns plus many extra boosts from
103024836 : Will you be able to teach me how?
103316227 : May I check your strategy is to keep buying only nvidia? I have a few companies.
mr_cashcow OP 103316227 : Omg plz dun just buy one single stockSome of my post is for fun one
mr_cashcow OP 103024836 : I must say that I am still learning about it tooStill don't dare to play options strategy
103316227 mr_cashcow OP : Hahaha tks for ur "correction".
Leixian : which fund type do you think I more safe/stable?
mr_cashcow OP Leixian : There are no 100% guarantees but if u take a look at the daily nav of funds that are classified under money market funds, u will notice there is almost no negative returns. You can also take a closer look at the underlying fund holdings which may include FD/bills or short duration bonds which are considered relatively safe assets
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