Cash plus
As I am vested in both CSOP USD Money Market Fund and also Fullerton SGD Cash Fund, the total earnings to date is around sgd980. This has took me around a year and two months, as I got to try out cash plus when moomoo advertise the rsp for dad event in June last year. The amount invested was not fixed as sometimes the money would be withdrawn and used for other purposes such as investing and others, which is what the cash fund is for. The cash fund serves the liquidity needs of individuals who has spare and idle cash to park for future usage.
I think the Fed might keep the rates steady in Sept as recent data in 10 Aug shows easing inflation which also brought a day of jubilance to the stock market.
For me, on my plans for investing in Cash Plus, it would largely depends on whether do I have the excess funds or not. And if yes, I will definitely continue to park my idle fund in it for the next quarter as the interest rate from Cash Plus is still significantly considered high for me and also its distinct benefit of being able to redeem with ease.![]()
For me, on my plans for investing in Cash Plus, it would largely depends on whether do I have the excess funds or not. And if yes, I will definitely continue to park my idle fund in it for the next quarter as the interest rate from Cash Plus is still significantly considered high for me and also its distinct benefit of being able to redeem with ease.
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