Yearly P/L review: How did your fund investments perform in 2023?
I only invest in funds for my idle funds while waiting for the target price of my desire stocks.
As such, liquidity is the top consideration. CSOP USD and Fulllerton SGD cash plus fit exactly what I need with SmartSave features!
Now, my idle funds can generate 3.7+% - 5+% return for me instead of sitting there like a lazy bum bum!
With so many promotions going on like the 5.8% guaranteed return, fishing game, etc and pair with the fund coupons given by generous Moomoo, the returns of my fund investments have gotten a big boosts in 2023. Thank you Moomoo!
With the expectation of FED is cutting rates in time to come, i would expect the return of above funds to drop in 2024, just like the SSB and Tbill.
However, i will still park my idle funds with CSOP and Fullerton Cash Plus as I see no other better place can provides such return + liquidity while waiting to enter the market.
Keep up the good job Moomoo!!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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toomanyscammers : whoo! nice strategy shuseido!