Does SmartSave make investing easier for u?
How does SmartSave help u manage ur idle money?Well, it will everyday at specific timing auto invest ur idling 
in the account to the MMF fund. Generally, MMF is considered quite safe (I give it about 90% 
). However, there is no 100% 
.
in the account to the MMF fund. Generally, MMF is considered quite safe (I give it about 90% ). However, there is no 100% . Has it made investing easier for u?Actually, I did not activate the SmartSave as I'm not sure if I should 
. Generally, it should bring more benefits than harms if u set all the setting preferences correctly. If u are not someone that play on high margin (only invest on what u can affort) & lazy to do regular investing plannings, I think it may suit u . It may not be suitable to those traders that uses high margins . I'm still learning on margin trading & not sure if I'll touch on it. So, I'm NOT going to activate SmartSave for now. It's quite complicated...
I still preferred to control my funds by myself (No time delay, eg. redeeming or stuff like that)
. Generally, it should bring more benefits than harms if u set all the setting preferences correctly. If u are not someone that play on high margin (only invest on what u can affort) & lazy to do regular investing plannings, I think it may suit u . It may not be suitable to those traders that uses high margins . I'm still learning on margin trading & not sure if I'll touch on it. So, I'm NOT going to activate SmartSave for now. It's quite complicated... I still preferred to control my funds by myself (No time delay, eg. redeeming or stuff like that)Had mentioned before in my this post :
Milk The Cow :Happy Moomoo 10th Anniversary 🥳 Join the Mootaverse? Hello World? 👋🤨=🫂 or 🤬⚔️=💀...
Milk The Cow :Happy Moomoo 10th Anniversary 🥳 Join the Mootaverse? Hello World? 👋🤨=🫂 or 🤬⚔️=💀...
(Since it's this event tasks that made me realised SmartSave 
)
)
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TLim77 : Not sure what's the impact on coupon that is active at the moment. I have not enabled it.
Milk The CowOP TLim77: I think coupon for funds should be auto activate on date of start.
, not sure if they have taken into consideration of buying with MMF funds, but I think it should work as per normal 
, if nothing go wrong.
For stock coupon
Milk The CowOP TLim77: The fund coupon... hmm...
I guess it will not be used if u did not select it manually.
So, auto invest in MMF may not use up ur coupon.
TLim77 Milk The CowOP: My concern is more on the auto redemption function which could affect the coupon that is still running.
Milk The CowOP TLim77: Oh, it will just reduce the amount u used.
.
So, if ur MMF still has the same amount of the principle u subscribed with the coupon, it won't be affected. Except it drop beyond ur subscribed principle amount
Milk The CowOP TLim77: They will then calculate according to the day of ur new principle.
Milk The CowOP : I guess this is the downside of SmartSave to those who play margin
:
AdrianCFL :Smart Save IS NOT SMART AT ALL
Smart Save IS NOT SMART AT ALL
I was also answered that SmartSave should not close ur direct shorting postion "generally"...
Milk The CowOP : In the end, I decided to activate SmartSave because I got lured in with this event promo of 1500 moomoo points (Dam the temptation
= had thought about it for many days since the promo)...
, welp whatever...
.
to my new world 
. But not now 
as I think I'm still lack of knowledges.
.
Not sure if there is any trap
As mentioned, I still think that SmartSave may not be suitable to margin traders
I'm not a margin users currently so, it does not really affect much. May plan to explore more on it in the future & may even open a new door
Yup, let see if I can get my 1500points in 3 days of activation
Milk The CowOP Milk The CowOP: 1.5k point seem not alot... if they give 10k point as rewards, I won't even need think that hard = instantly accepted & activate
.
, check check more carefully better 
.
But 1.5k
Here are the T&C:
https://w5.futunn.com/static-page?id=121&clientver=12.41.8718&main_broker=WzEwMDhd&uid=101642595&url=202010955&clienttype=53&user_main_broker=WzNd&language=us&clientlang=2&jump_target=1008