VickyX
commented on
$CSOP USD Money Market Fund (SGXZ96797238.MF)$
Following the last comment, this is the latest income situation of the US dollar money market fund. The first one is fixed dividend income, the second one is coupon income (Futu provided 3 coupons, which I used when increasing position, 0.74 is getting a 15% coupon for 5 days, 0.44 is getting a 10% coupon for 3 days), for reference.
Following the last comment, this is the latest income situation of the US dollar money market fund. The first one is fixed dividend income, the second one is coupon income (Futu provided 3 coupons, which I used when increasing position, 0.74 is getting a 15% coupon for 5 days, 0.44 is getting a 10% coupon for 3 days), for reference.
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VickyX
voted
Scroll down to How to Subscribe if you just want to know when your subscription is processed and when your returns are updated.
I started subscribing to $Fullerton SGD Cash Fund (SG9999005961.MF)$
when moomoo offered SGD 90 cashback for starting a Regular Savings Plan (RSP) of at least SGD100. In total, I placed SGD500. There was another SGD8.80 cash coupon for investing at least SGD100 in any fund so I subscribed another S$100.
While inv...
I started subscribing to $Fullerton SGD Cash Fund (SG9999005961.MF)$
when moomoo offered SGD 90 cashback for starting a Regular Savings Plan (RSP) of at least SGD100. In total, I placed SGD500. There was another SGD8.80 cash coupon for investing at least SGD100 in any fund so I subscribed another S$100.
While inv...
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VickyX
commented on
$CSOP USD Money Market Fund (SGXZ96797238.MF)$A good place for idle funds, choose this product because there is no risk, as well as capital preservation income, although the dividend is not much, but at ease. The market can also be taken out and used at any time when there is an opportunity, with high flexibility.
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VickyX
commented on
$CSOP USD Money Market Fund (SGXZ96797238.MF)$
Any pros here? Good or bad compare to banks?
Any pros here? Good or bad compare to banks?
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VickyX OP JKHU : How was the redemption arranged? If you want to buy US stocks, wait a little longer. The fundamentals of the major factors affecting US stocks have not changed at all. These days have been a short-term rebound, and there will continue to be a pullback thereafter, and the current S&P 500 may also rebound by 10-15% (J.P. Morgan's private opinion, for reference). The inversion of the yield curve in the bond market is an early sign that the US has entered a recession. Normally, around 6-12 months after the signal appears, US corporate earnings will begin to grow weak. The next third and fourth quarter earnings reports are in the verification and review stage. Once everything is verified, US stocks will continue to fall, so the risk in the US stock market is still very high. Interest rate hikes will continue to benefit the monetary fund. The market believes that the interest rate hike environment will continue until the first quarter of next year, so this period will benefit the monetary fund.
VickyX OP 102166275 : I don't know how I received the coupon. I should buy more than a certain amount, and Futu will send it automatically. I buy no less than $1000 every time.
VickyX OP JKHU : Don't trade frequently; otherwise, all of your money will be used to pay processing fees; in the end, you won't even know what you lose.