Allow the use of funds from 401(k), CPF and SRS to buy stocks, ETFs and funds
Another suggestion, besides the precise NAV price for Fullerton SGD Cash Fund Class A ( $Fullerton SGD Cash Fund(SG9999005961.MF$ ) is that $Futu Holdings Ltd(FUTU.US$ can help to allow the use of funds from 401(k), CPF and SRS to buy stocks (e.g. $NVIDIA(NVDA.US$ , $Tesla(TSLA.US$ , $DBS Group Holdings(D05.SG$ ), ETFs (e.g. $Invesco QQQ Trust(QQQ.US$ , $ARK Innovation ETF(ARKK.US$ , $STI ETF(ES3.SG$ ) and funds (e.g. $CSOP USD Money Market Fund(SGXZ96797238.MF$ , $Fullerton Fund - Fullerton SGD Liquidity Fund(SGXZ40088619.MF$ , $BNP Paribas USD Money Market(LU0012186622.MF$ ).
Mooers can click the link below to find out more about the precise NAV price.
https://www.moomoo.com/community/feed/111634133614598
https://www.moomoo.com/community/feed/111634133614598
Mooers (U.S. citizens) who are new to 401(k) can use the following website to find out more.
https://www.irs.gov/retirement-plans/401k-plans
https://www.irs.gov/retirement-plans/401k-plans
Mooers (Singapore citizens) who are new to CPF can use the following website to find out more.
https://www.cpf.gov.sg/member/growing-your-savings/earning-higher-returns/investing-your-cpf-savings
https://www.cpf.gov.sg/member/growing-your-savings/earning-higher-returns/investing-your-cpf-savings
Mooers (Singapore citizens) who are new to SRS can use the following website to find out more.
https://www.srs.sg/
https://www.srs.sg/
Hmm... which of the above is used by Mooers and would like to use the funds inside for their trading on the MooMoo platform?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Just Born : My wishlist for 2024 in Moomoo app I am able to buy SGD shares through direct debit from my bank account. As for the purchase of US shares, it will be good if Moomoo can implement built-in currency exchange for purchase so that investor will not need to redeem from Fullerton SGD Liquidity Fund, do the necessary currency conversion to honor US shares purchase within 2 days.
Moomoo Lily : Thanks for sharing your wishes with us! Santa Moo has already started making plans to grant your wishes and spread some holiday cheer!