My Cash Plus P/L ❤️
I started with $100 in Cash Plus since last year September. Ever since then, I have been putting in 5-20k intervals per month. Coming into my 5th month, I have earned more than 1k. I really love $Fullerton SGD Cash Fund(SG9999005961.MF$ because of its flexibility to withdraw at any time, unlike the traditional Bank fixed deposits which requires a lock in period of at least 8months. Furthermore, combining fund coupons lets me earn even more interest!
This year 2023, I decided to venture in USD currency where moomoo conveniently converts SGD to USD seamlessly. With that, I started my journey with $CSOP USD Money Market Fund(SGXZ96797238.MF$ My returns are also stable and it is exciting to see it grow day by day, compounding my interest to earn more. When USD starts to appreciate, I can earn even more! ![]()
With the hawkish sentiment of the feds, I believe they will increase by 50 bps in March 2023, if not, another 25bps. I will definitely put in more into $Fullerton SGD Cash Fund(SG9999005961.MF$ because of its higher interest rate, stability and flexibility. ![]()
I hope moomoo can issue us more cash fund coupons to help us earn more money! ❤️
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104135622 : May I ask how much money you have invested in the Futun Singapore Dollar Monetary Fund to reach interest of S$1,000 a month?
sociable Dingo_8604OP 104135622: My return of 1k is not achieved in 1 month. It is a accumulation of 5-20k monthly for 5 months since I started in Sep 2022.
sociable Dingo_8604OP 104135622: If you want to receive at least 1k per month of interest with Fullerton cashplus, u need to subscribe at least sgd 325k at around 3.8% interest yield. This is estimated based on the 7day average yield of this money fund.
KingKhongWS sociable Dingo_8604OP: Today, 24/04/2023, the NAV is at $1.1242. It gone up so much compared to the photos you shared. Well done!