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 Money market fund

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!@#$%^
post Jan 31 2021, 12:21 PM

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QUOTE(CSW1990 @ Jan 31 2021, 12:14 PM)
Yea I am using UOB one account to temporary park my cash. Easy to fulfill if using their credit card, also no hassle can in out anytime.
I don’t like MMF, the pa only 0.x% higher than UOB one, but is T+x .. also my amount not big like millions, parking time not long like years, the return delta is actually negligible..
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if can fulfil, can consider SC privilege savers or RHB smart account
ironman16
post Jan 31 2021, 12:29 PM

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QUOTE(!@#$%^ @ Jan 31 2021, 11:51 AM)
any money market funds in singapore that is easily accessible to malaysians who have sg account? so far money only in sg bank account doing ntg, and im not ready to go into higher risk investments there yet.
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I think MMF Singapore not worth to subscribe, not sure.
Why dun use ur sg account money buy overseas etf?
Better than we from msia, easier, choice many.
Buy a bit to test water la
I think etf not high risk if compared to stock.
Can try a bit n see ma as long as u oledi prepare emergency fund

This post has been edited by ironman16: Jan 31 2021, 12:30 PM
!@#$%^
post Jan 31 2021, 12:30 PM

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QUOTE(ironman16 @ Jan 31 2021, 12:29 PM)
I think MMF Singapore not worth to subscribe, not sure.
Why dun use ur sg account money buy overseas etf?
Better than we from msia, easier, choice many.
Buy a bit to test water la
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haha maybe in the future. need to gain more knowledge first.
ironman16
post Jan 31 2021, 12:33 PM

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QUOTE(!@#$%^ @ Jan 31 2021, 12:30 PM)
haha maybe in the future. need to gain more knowledge first.
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Knowledge gain by doing practical, unless u genius. 😁.
If u young man lagi best, unless u in the range of 50.

Thats why math teacher always ask us do more exercise than just flip2 the question.

This post has been edited by ironman16: Jan 31 2021, 12:34 PM
Ramjade
post Jan 31 2021, 01:15 PM

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QUOTE(!@#$%^ @ Jan 31 2021, 11:51 AM)
any money market funds in singapore that is easily accessible to malaysians who have sg account? so far money only in sg bank account doing ntg, and im not ready to go into higher risk investments there yet.
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Stashaway simple must have passport or account cannot be used.
Endowus cash. Must have minimum sgd10k inside at all time.
Alternatively buy psudo bond stocks like parkway Life REIT.

Don't bother with sg MMF. Use the money to invest.
!@#$%^
post Jan 31 2021, 01:26 PM

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QUOTE(Ramjade @ Jan 31 2021, 01:15 PM)
Stashaway simple must have passport or account cannot be used.
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sounds like the most convenient way? malaysia passport ok right?
Ramjade
post Jan 31 2021, 01:35 PM

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QUOTE(!@#$%^ @ Jan 31 2021, 01:26 PM)
sounds like the most convenient way? malaysia passport ok right?
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Yes.
AnasM
post Jan 31 2021, 01:50 PM

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QUOTE(Ramjade @ Jan 31 2021, 01:15 PM)
Stashaway simple must have passport or account cannot be used.
Endowus cash. Must have minimum sgd10k inside at all time.
Alternatively buy psudo bond stocks like parkway Life REIT.

Don't bother with sg MMF. Use the money to invest.
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yes i use betterment much more better yield
Ramjade
post Jan 31 2021, 02:10 PM

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QUOTE(AnasM @ Jan 31 2021, 01:50 PM)
yes i use betterment much more better yield
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Betterment is only for us people. Unless you have us address or social security number you cannot open betterment account.

QUOTE
Betterment currently only operates in the United States*, and for regulatory reasons cannot accept international customers residing outside the United States. This includes U.S. citizens residing and/or working abroad.**

All customers must be at least 18 years of age in order to consent to all our agreements. Customers must have a permanent U.S. address, a U.S. Social Security Number or an ITIN, and a checking account from a U.S. bank.


This post has been edited by Ramjade: Jan 31 2021, 02:12 PM
!@#$%^
post Jan 31 2021, 03:08 PM

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what about syfe?
Ramjade
post Jan 31 2021, 03:45 PM

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QUOTE(!@#$%^ @ Jan 31 2021, 03:08 PM)
what about syfe?
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Syfe does not have money market fund.

This post has been edited by Ramjade: Jan 31 2021, 03:45 PM
tsutsugami86
post Jan 31 2021, 09:29 PM

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QUOTE(Ramjade @ Jan 31 2021, 03:45 PM)
Syfe does not have money market fund.
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user posted image

Syfe cash+ portfolio invest in money market fund.
!@#$%^
post Jan 31 2021, 09:31 PM

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QUOTE(tsutsugami86 @ Jan 31 2021, 09:29 PM)
user posted image

Syfe cash+ portfolio invest in money market fund.
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SA SG Simple invests in the first 2. the 3rd is a bond fund with slightly higher risk i guess, that's y higher dividends.

is it good?

Ramjade
post Jan 31 2021, 09:32 PM

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QUOTE(tsutsugami86 @ Jan 31 2021, 09:29 PM)
user posted image

Syfe cash+ portfolio invest in money market fund.
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Thanks. Must be new stuff. Never followed them. I know when they started they don't have syfe cash+
tsutsugami86
post Jan 31 2021, 09:41 PM

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QUOTE(!@#$%^ @ Jan 31 2021, 09:31 PM)
SA SG Simple invests in the first 2. the 3rd is a bond fund with slightly higher risk i guess, that's y higher dividends.

is it good?
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I'm not expert, can't tell you good or not.

I just put sgd 100 (this month) to this cash+ for testing.

This post has been edited by tsutsugami86: Jan 31 2021, 09:42 PM
tsutsugami86
post Jan 31 2021, 09:42 PM

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QUOTE(Ramjade @ Jan 31 2021, 09:32 PM)
Thanks. Must be new stuff. Never followed them. I know when they started they don't have syfe cash+
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Ya, this should be their new portfolio.
cr7jyej
post Feb 1 2021, 06:41 AM

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Versa just verified my account, gonna park some money for liquidity, SA Simple too slow when it comes to withdrawal mad.gif

Maybe also compare a little bit in terms of their returns,
I know the return is not much but I'm just comparing for the sake of comparing rclxm9.gif
[Ancient]-XinG-
post Feb 1 2021, 07:15 AM

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QUOTE(cr7jyej @ Feb 1 2021, 06:41 AM)
Versa just verified my account, gonna park some money for liquidity, SA Simple too slow when it comes to withdrawal mad.gif

Maybe also compare a little bit in terms of their returns,
I know the return is not much but I'm just comparing for the sake of comparing  rclxm9.gif
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SA SIMPLE is good for those who imvesting with them. Not for liquidity.


Btw, any ide how a malaysian can use syfe?
tsutsugami86
post Feb 1 2021, 07:22 AM

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QUOTE(Ancient-XinG- @ Feb 1 2021, 07:15 AM)
SA SIMPLE is good for those who imvesting with them. Not for liquidity.
Btw, any ide how a malaysian can use syfe?
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Can, you can register with your passport.
GrumpyNooby
post Feb 1 2021, 08:22 AM

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QUOTE(tsutsugami86 @ Feb 1 2021, 07:22 AM)
Can, you can register with your passport.
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If passport has just expired recently, can still use?

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