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 Money market fund

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cybpsych
post Apr 6 2021, 12:43 PM

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With the launch of Versa, a digital cash management platform, regulated by SC Malaysia.
It allows you to potentially earn through return rates similar to the interest of a Fixed Deposit.

We here at RinggitPlus will be collaborating with Versa to bring you a live discussion on the roles towards building a financially healthy and resilient society!
Join us in this live discussion on 7 April 2021 from 3pm - 4.05pm!

Don't miss it! Get notified here!

https://www.facebook.com/events/742197036460960

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vanitas
post Apr 6 2021, 04:33 PM

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QUOTE(cklimm @ Apr 2 2021, 05:00 PM)
Opus money plus here anyone?
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Boost + Opus money plus here.
Mervin1234
post Apr 7 2021, 12:44 PM

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what do we get by entering the promo or referral code in Versa ?
DragonReine
post Apr 7 2021, 02:25 PM

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QUOTE(DragonReine @ Feb 22 2021, 03:01 PM)
Currently using both. Have put in roughly equal amount of money to track their individual performance.
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Update almost 2 months later:

Initially started at RM2k first with Versa and RM2000.25 in SASimple

Been depositing same amount on same day (every Monday morning) on both

currently Versa has managed to go past SASimple and has higher balance now laugh.gif

Will continue my experiment for next few months to see if the gap will widen between Versa and Simple, or if there won't be much difference in long run
hiyyl
post Apr 7 2021, 04:04 PM

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Any promo or referral code for versa? Gonna open account

Edit: dont need anymore. Already apply. Currently in processing.

This post has been edited by hiyyl: Apr 7 2021, 04:43 PM
cr7jyej
post Apr 7 2021, 04:49 PM

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No chance for us early adopters bye.gif

https://ringgitplus.com/en/blog/sponsored/v...to-rm88888.html
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post Apr 7 2021, 05:14 PM

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QUOTE(cr7jyej @ Apr 7 2021, 04:49 PM)
can't find the terms and conditions
DragonReine
post Apr 7 2021, 05:28 PM

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QUOTE(!@#$%^ @ Apr 7 2021, 05:14 PM)
can't find the terms and conditions
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This promo need to apply thru RinggitPlus platform which uses an automated WhatsApp account laugh.gif Not direct download and apply through apps store.
SUSxander83
post Apr 7 2021, 05:32 PM

Blast off like a rocket
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QUOTE(cr7jyej @ Apr 7 2021, 04:49 PM)
Just to win the grand prize really crazy how much deposit you need to put to be the highest

No point wasting time just to win the earbuds doh.gif
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post Apr 7 2021, 05:48 PM

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QUOTE(DragonReine @ Apr 7 2021, 05:28 PM)
This promo need to apply thru RinggitPlus platform which uses an automated WhatsApp account laugh.gif Not direct download and apply through apps store.
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yeah, but can't find the terms and conditions
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post Apr 7 2021, 05:49 PM

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QUOTE(DragonReine @ Apr 7 2021, 05:28 PM)
This promo need to apply thru RinggitPlus platform which uses an automated WhatsApp account laugh.gif Not direct download and apply through apps store.
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yeah, but can't find the terms and conditions
DragonReine
post Apr 7 2021, 06:02 PM

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QUOTE(!@#$%^ @ Apr 7 2021, 05:49 PM)
yeah, but can't find the terms and conditions
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🤔?? But the article itself more or less spell out the T&Cs tho? Including the minimum deposit needed to qualify for prizes.
cr7jyej
post Apr 7 2021, 06:11 PM

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I still remember last year (around August) when Versa first announced, they mentioned those registered for their e-newsletter before they launch will get special promo or something

Guess they "forgot" about that already biggrin.gif , too bad i didnt screenshot that page, if not can ask CS about it

QUOTE(xander83 @ Apr 7 2021, 05:32 PM)
Just to win the grand prize really crazy how much deposit you need to put to be the highest

No point wasting time just to win the earbuds  doh.gif
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Better than nothing lo

This post has been edited by cr7jyej: Apr 7 2021, 06:13 PM
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post Apr 7 2021, 06:14 PM

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QUOTE(DragonReine @ Apr 7 2021, 06:02 PM)
🤔?? But the article itself more or less spell out the T&Cs tho? Including the minimum deposit needed to qualify for prizes.
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not really. things like what time to what time, is it one time or cumulative, is it random or fcfs, things like that
DragonReine
post Apr 7 2021, 07:25 PM

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QUOTE(!@#$%^ @ Apr 7 2021, 06:14 PM)
not really. things like what time to what time, is it one time or cumulative, is it random or fcfs, things like that
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Ah true that 😅 I feel like the event a bit disorganized lol
cklimm
post Apr 8 2021, 08:47 AM

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QUOTE(!@#$%^ @ Apr 7 2021, 05:49 PM)
yeah, but can't find the terms and conditions
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QUOTE(!@#$%^ @ Apr 7 2021, 06:14 PM)
not really. things like what time to what time, is it one time or cumulative, is it random or fcfs, things like that
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QUOTE(DragonReine @ Apr 7 2021, 07:25 PM)
Ah true that 😅 I feel like the event a bit disorganized lol
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1st come 1st serve, except for the grandprizes
https://media.ringgitplus.com/s/pdf/campaig...+final)+(1).pdf

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post Apr 8 2021, 09:02 AM

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QUOTE(cklimm @ Apr 8 2021, 08:47 AM)
1st come 1st serve, except for the grandprizes
https://media.ringgitplus.com/s/pdf/campaig...+final)+(1).pdf

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1st 10, 2nd 25, 3rd 25 then 4th 1000?
iamshf
post Apr 8 2021, 07:48 PM

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I clicked the link to register .. no need to key in Referral code?
SUSTOS
post Apr 8 2021, 07:50 PM

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QUOTE(DragonReine @ Apr 8 2021, 07:44 PM)
Versa:
1) 1-2 days withdrawal time, straight to bank account
2) Best returns of the three options you've listed
3) Only FPX transfers for now so can't set up recurring deposit to topup regularly

StashAway Simple
1) 3-4 days withdrawal time, straight to bank account
2) Returns so-so only, on par with non-promo FD
3) Can set up recurring deposit/standing instruction through bank direct debit mandate or JomPay to topup regularly
4) Can be used to park money for dollar cost averaging into StashAway's regular ETF investment portfolios, because can setup recurring transfers from Simple to regular portfolios

GO+
1) 1-2 days withdrawal time, can put in TNG eWallet or bank account balance
2) Returns are less than average non-promo FD rates laugh.gif
3) Cannot do recurring deposit
4) Easy way to transfer/deposit with your TNG eWallet balance, good for heavy TNG user
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FSM's RHB CMF2 only saw passing mention in first page of this thread. So it's worse than the 3 mentioned above? I am using RHB CMF2 for now, but thinking of switching if there are other better options.
Ramjade
post Apr 8 2021, 07:58 PM

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QUOTE(TOS @ Apr 8 2021, 07:50 PM)
FSM's RHB CMF2 only saw passing mention in first page of this thread. So it's worse than the 3 mentioned above? I am using RHB CMF2 for now, but thinking of switching if there are other better options.
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It's lousy. It's either versa or Phillip Money Market Fund.

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