Make idle cash work…
Cash Funds are a great idea.
Leaving idle cash growing while you wait for the “durians to drop”. I buy both US and SGD. seems decent profits so far.
On another note, Earning 5% in a month on Fidelity funds seems better than 5% per annum.
I’m still waiting for the prices to fall lower for these stock that i’m waiting for the durian to drop.
Bought $AMC Entertainment(AMC.US$ yesterday at 3.74.
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FlyingRain : how does the fund work?just put money in and can get 5%?
CasualInvestorOP FlyingRain: It depends on the performance. It’s not fixed or will give 5%.
FlyingRain CasualInvestorOP: oh.so is also buy and sell to get the 5%?
CasualInvestorOP FlyingRain: No. Leave the money in the cash fund to get daily earnings.
Gold in stocks FlyingRain: Funds are considered a relatively stable type
股中股 FlyingRain: Gather everyone's funds and let them keep them. If you have profit, you have profit; if you don't have that, you lose
FlyingRain 股中股: understand
股中股 FlyingRain: A fund is different from the original stock. The essence of a fund is a team to help you keep it, and the stock purchaser becomes a shareholder of the company
FlyingRain 股中股: Being able to earn 1-3% of this capital in a month is much better than Fullerton Cash Fund's 3.8% a year
股中股 FlyingRain: The fund management company is managed by a dedicated person. Although the profit is not as good as the original stock, it is very stable
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