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 Money market fund

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ironman16
post Feb 9 2021, 06:42 PM

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QUOTE(!@#$%^ @ Feb 9 2021, 06:31 PM)
so managed to invest via allocate plus.

whatsapp them the issue on friday - and they managed to manually open an account by linking to my PRS account. then took 2 days to update my mistyped OTP. just managed to invest RM50, see how long it takes for 1st transaction.
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if ur account no problem, its easy for u la.....seen faster than me liao.... thumbsup.gif
ironman16
post Feb 9 2021, 07:06 PM

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QUOTE(!@#$%^ @ Feb 9 2021, 06:50 PM)
think they learnt from u kot. that's y faster.
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😡😡😡
I punya masih pening lagi
ironman16
post Feb 19 2021, 08:26 PM

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QUOTE(cr7jyej @ Feb 19 2021, 08:10 PM)
Rm1
user posted image
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wa, only stashaway simple can fight liao.... notworthy.gif
ironman16
post Feb 19 2021, 10:11 PM

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QUOTE(GrumpyNooby @ Feb 19 2021, 10:00 PM)
RM 1 at nowadays barely can buy something useful and tangible.
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πŸ˜‚
ironman16
post Feb 21 2021, 09:39 AM

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QUOTE(Ramjade @ Feb 21 2021, 09:10 AM)
Any service charge? 0% sales charge through PMO
What's the return? 1 year 2.33% (kalah to EA islamic n affin MMF) wanna accurate gonna use morning star compare liao πŸ˜‚
How fast is he liquidaty? 2 day b4 cut off , in ur bank acc
Money money fund think of it as high interest savings account.
They invest in FD, govt bonds and short term bonds 1-3 months to give you higher interest than normal FD (around promo FD rates without the lockup and penalty like FD)

Unlike saving account where you can get instant withdrawal with mmf,you need to wait 1-3days. Depending on funds.
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This post has been edited by ironman16: Feb 21 2021, 10:16 AM
ironman16
post Mar 2 2021, 02:55 PM

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QUOTE(jynngerale @ Mar 2 2021, 01:55 PM)
can i ask why is allocate plus better for long term? I'm still deciding between allocate and versa
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QUOTE(tsutsugami86 @ Mar 2 2021, 02:07 PM)
Versa only can invest Affin Hwang Enhanced Deposit Fund, while allocate plus can invest most of affin hwang's product.
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I will say fsm more choices but sales charge by allocate plus is cheaper bcoz 1% for equity fund n 0.75% for balanced fund.

But fsm can use credit system to off set the sales charge.
FSM oso got promo sales charge but allocate plus just finish their 0% sales charge, future I not sure still got or not.

Mostly the good bond fund in fsm got platform fee, unless u only hold less than 3 year n redeem. Allocate plus sales charge for bond fund is 0.5%, n i will stick with affin if I wish to hold in long term (I personally like affin bond n affin select bond).

Up to u to make the decision, different ppl different play style n view.
ironman16
post Mar 23 2021, 06:18 AM

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QUOTE(xander83 @ Mar 23 2021, 01:07 AM)
On 29 April via TnG will try out on some spare change see whether using on those credits because it will be useless unless able for direct withdrawals
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πŸ‘
ironman16
post Mar 23 2021, 07:50 AM

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QUOTE(xander83 @ Mar 23 2021, 06:31 AM)
Minimum of RM10 and see whether they will pay RM0.01 per day or not  rclxms.gif
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🀣
But at this moment only go in TnG and cimb only.
ironman16
post Mar 23 2021, 07:58 AM

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QUOTE(xander83 @ Mar 23 2021, 06:31 AM)
Minimum of RM10 and see whether they will pay RM0.01 per day or not  rclxms.gif
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And later the super creative ppl will use it as free ATM/ money lenders machine πŸ€‘πŸ€‘πŸ€‘
ironman16
post Mar 23 2021, 11:10 AM

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QUOTE(akping_1 @ Mar 23 2021, 10:58 AM)
if it can use balance in TnG for investment, i think lot of ppl will benefit it using CC reload and earn CB + extra interest, it will become very attractive Γ―nvestment plan
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This is the method that I said creative ppl will do.
I think later the credit card will disqualified TnG as ewallet for the cash back, just like sarawak pay πŸ˜‚πŸ˜‚πŸ˜‚

Tak sabar2 wanna try bcoz i got 20 just park in TnG that I get from affin hwang. Though wanna use on burger, better I park in this MMF πŸ˜‚πŸ˜‚

This post has been edited by ironman16: Mar 23 2021, 11:12 AM
ironman16
post Mar 23 2021, 01:30 PM

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QUOTE(!@#$%^ @ Mar 23 2021, 01:25 PM)
easiest way only withdraw to ewallet
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T+1 to bank account
ironman16
post Mar 24 2021, 05:42 AM

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QUOTE(xander83 @ Mar 24 2021, 03:11 AM)
Better with same day or instant withdrawal  rclxms.gif
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If to ewallet is same day
ironman16
post Mar 24 2021, 07:38 AM

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QUOTE(xander83 @ Mar 24 2021, 06:45 AM)
Deposit sure instant whether withdrawal same day I doubt there because MMF traded on business day while withdrawal window it is only for 4 days

Won’t be that fantastic coming from Principal

Doubt it will yield 2%pa because TnG cash flow is very bad

Plus restriction to withdrawal to bank accounts likely to help as well
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I read the the info.
T day if withdraw to ewallet b4 cut off time.
T +1 day if withdraw to bank.
😁
ironman16
post Mar 24 2021, 06:27 PM

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QUOTE(xander83 @ Mar 24 2021, 05:32 PM)
I doubt the bank withdrawal will work with CIMB running the backend

Will be disappointing because for sure the returns gonna be low as 1.83%pa with the current market trend

Even additional units should be like VERSA a small low as rm1 for these to work
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Jgn harap boleh untung besar With this MMF la.
Can play the trick in case need urgent money 😜
ironman16
post Mar 25 2021, 10:37 AM

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QUOTE(cr7jyej @ Mar 25 2021, 10:18 AM)
Put in rm10 for fun biggrin.gif

user posted image
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How come u so fast? My android phone no le, every day I press update.

U selected customer to test I think 😁
ironman16
post Mar 25 2021, 10:39 AM

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QUOTE(Hoshiyuu @ Mar 25 2021, 10:37 AM)
Wow already? How to get access? I am on android and I don't see any update or buttons to use it.
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Not only u 🀣🀣🀣
ironman16
post Mar 25 2021, 11:02 AM

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QUOTE(cr7jyej @ Mar 25 2021, 10:48 AM)
Wow I tot everyone can access already  blink.gif

I can access it since yesterday, looks like I'm one of the "lucky" one thumbup.gif
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I open many time but no that button at all, Jgn2 pun active batch by batch πŸ˜…
ironman16
post Mar 25 2021, 11:13 AM

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QUOTE(xander83 @ Mar 25 2021, 11:08 AM)
Seems like it by batches  doh.gif
Maybe still batch updating maybe just wait until afternoon  doh.gif
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I every day press 3 times update, morning, afternoon n night.

I log in log out still the same.

Cis, better do my work first. 😁
ironman16
post Mar 25 2021, 11:38 AM

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QUOTE(xander83 @ Mar 25 2021, 11:29 AM)
Yeah better do other things that gain more than 1.47%
Only good for those unusable credit

CIMB already eaten 0.33% for every ringgit margin too high  doh.gif
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Nvm, i just wanna put rm20 that I get from allocate plus campaigns πŸ˜‚
ironman16
post Mar 25 2021, 08:04 PM

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Until now I still haven't got, so sure is my hp problem.
Can't do anything bcoz old hp ma.

So I decide use my wife hp that is a bit advance than mine.
Direct appears n i upgrade it. Now oledi in MMF.

My hp still not appearing, so just let it.

So confirm is hp problem, πŸ˜‚πŸ˜‚πŸ˜‚

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