Outline ·
[ Standard ] ·
Linear+
Opus Touch, Self-Service UT Platform
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TheLegend27
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Oct 9 2020, 04:24 PM
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QUOTE(MUM @ Oct 9 2020, 03:53 PM) Pump n dump on which Opus fixed income funds? What is your target % of rises from the average price from the DCA and how long do you want to pump by dca? 0.5%
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MUM
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Oct 9 2020, 04:32 PM
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QUOTE(TheLegend27 @ Oct 9 2020, 04:24 PM) within how long period do you do the pumping (how many DCA or months)? i think after every few months will get > 0.5% liao. after having reached 0.5% profits, you will sell all to cash out the money then will start the cycle from 0 again?
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TheLegend27
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Oct 9 2020, 04:45 PM
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QUOTE(MUM @ Oct 9 2020, 04:32 PM) within how long period do you do the pumping (how many DCA or months)? i think after every few months will get > 0.5% liao. after having reached 0.5% profits, you will sell all to cash out the money then will start the cycle from 0 again? should be dump in 40 days, coz credit card got around up to 50 days interest free period
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GrumpyNooby
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Oct 9 2020, 04:46 PM
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QUOTE(TheLegend27 @ Oct 9 2020, 04:45 PM) should be dump in 40 days, coz credit card got around up to 50 days interest free period  And what you hope to gain from 40 days? If drop > 0.5% how?
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MUM
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Oct 9 2020, 04:48 PM
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QUOTE(TheLegend27 @ Oct 9 2020, 04:45 PM) should be dump in 40 days, coz credit card got around up to 50 days interest free period  1 time lump sum immediate after the CC "credit compilation date" to get the 50 days credit cycle or separate into few DCAs during this 50 days cycle?
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TheLegend27
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Oct 9 2020, 04:48 PM
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QUOTE(GrumpyNooby @ Oct 9 2020, 04:46 PM) And what you hope to gain from 40 days? If drop > 0.5% how? cut as well. at least earn some from credit card benefit ma.
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TheLegend27
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Oct 9 2020, 04:51 PM
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QUOTE(MUM @ Oct 9 2020, 04:48 PM) 1 time lump sum immediate after the CC "credit compilation date" to get the 50 days credit cycle or separate into few DCAs during this 50 days cycle? after cc statement date. that way can get 50 days interest free. give some buffer so 40 days. i'm new to this, so i think all put at moderate type of fund? put all egg in 1 basket.
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GrumpyNooby
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Oct 9 2020, 04:52 PM
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QUOTE(TheLegend27 @ Oct 9 2020, 04:48 PM) cut as well. at least earn some from credit card benefit ma. QUOTE(TheLegend27 @ Oct 9 2020, 04:51 PM) after cc statement date. that way can get 50 days interest free. give some buffer so 40 days. i'm new to this, so i think all put at moderate type of fund? put all egg in 1 basket. With such mindset of "investing", just "dump" into Money Plus Fund (MPF) - an enhanced money market fund https://www.opusasset.com/products/unit-tru...oney-plus-fund/This post has been edited by GrumpyNooby: Oct 9 2020, 04:53 PM
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MUM
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Oct 9 2020, 04:54 PM
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QUOTE(TheLegend27 @ Oct 9 2020, 04:51 PM) after cc statement date. that way can get 50 days interest free. give some buffer so 40 days. i'm new to this, so i think all put at moderate type of fund? put all egg in 1 basket. moderate type of fund will also have chances of lost during this 40 days cycle. as you need to repeat this every 50 days, (abt 7 times per year), you may kena hit once which may wipe out the "profits" made. try go lesser than moderate risk?.
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tsutsugami86
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Oct 9 2020, 04:59 PM
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now not much way to cash out money from credit card.
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CSW1990
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Oct 9 2020, 06:12 PM
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QUOTE(TheLegend27 @ Oct 9 2020, 04:51 PM) after cc statement date. that way can get 50 days interest free. give some buffer so 40 days. i'm new to this, so i think all put at moderate type of fund? put all egg in 1 basket. Choose the lowest risk fund (money plus fund) if your purpose is to cash out from cc
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AnasM
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Oct 10 2020, 03:10 PM
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QUOTE(TheLegend27 @ Oct 9 2020, 04:48 PM) cut as well. at least earn some from credit card benefit ma. what benefit u gain % ?
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TheLegend27
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Oct 10 2020, 03:32 PM
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QUOTE(AnasM @ Oct 10 2020, 03:10 PM) abt 4% cash value.
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acejlsh
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Oct 11 2020, 03:11 PM
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Getting Started

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Joining this platform finally after signed up an account for sometimes. After filling up KYC, system auto select fund and minimum RM 100, it that so? Then it say 1 to 3 working days to process... Thereafter can buy and sell other funds frequently?
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majorarmstrong
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Oct 11 2020, 03:49 PM
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QUOTE(acejlsh @ Oct 11 2020, 03:11 PM) Joining this platform finally after signed up an account for sometimes. After filling up KYC, system auto select fund and minimum RM 100, it that so? Then it say 1 to 3 working days to process... Thereafter can buy and sell other funds frequently? Welcome
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GrumpyNooby
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Oct 12 2020, 09:38 AM
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NAV update for 9/10/2020:
IPF: 1.0786 -> 1.0778 (-0.0008) SIPF: 1.0309 -> 1.0310 (+0.0001)
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majorarmstrong
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Oct 12 2020, 10:10 AM
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up 2 to 3 points drop 8 points tak boleh pakai let me masuk a bit
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GrumpyNooby
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Oct 12 2020, 10:12 AM
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QUOTE(majorarmstrong @ Oct 12 2020, 10:10 AM) up 2 to 3 points drop 8 points tak boleh pakai let me masuk a bit You should switch to SSTLRAF? Isn't that more stable for you as you recommended last week.
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majorarmstrong
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Oct 12 2020, 11:35 AM
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QUOTE(GrumpyNooby @ Oct 12 2020, 10:12 AM) You should switch to SSTLRAF? Isn't that more stable for you as you recommended last week. also down lo so i masuk 500, if tomorrow still down i masuk 1k
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majorarmstrong
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Oct 12 2020, 11:41 AM
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FPX RM500 via SCB to Opus dapat RM5 hahahaha 1% return nice!
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