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Ramjade
post Feb 22 2023, 07:09 PM

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QUOTE(download88 @ Feb 22 2023, 06:43 PM)
Other than kdi save (first 50k @ 3.5%), versa (3.45%), stashaway (3.3%), tng go+ (3.5-3.6%?)...
Any other mmf can temporary parking our fund?
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Sg mmf. No limit. Current return around 3.92%p a
Fullerton sgd cash account.
You can buy via tiger or Moomoo or moneyowl wisesaver.

This post has been edited by Ramjade: Feb 22 2023, 07:10 PM
Ramjade
post Mar 3 2023, 08:44 PM

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QUOTE(poooky @ Mar 3 2023, 07:17 PM)
Which broker do you recommend for this fund? Thinking of building a small stash in SGD just in case.

Feels like moneowl is safer, but moomoo and tiger have a dedicated mobile app for convenience.

It doesn't seem to be on ibkr though.
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If you plan to buy sg stocks, open with Moomoo or tiger.
If you just want to "hold" SGD cash, then anyone will do. For me, I will choose the one with the highest return.
Ramjade
post Mar 3 2023, 10:11 PM

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QUOTE(poooky @ Mar 3 2023, 09:45 PM)
Which one is highest return? What do you recommend?
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Don't know. I use up my cash very fast cause got some stuff on discount. Not going to park my money in mmf when there's discount ongoing.

Do your own homework. I can't spoon-feed everything.

This post has been edited by Ramjade: Mar 3 2023, 10:54 PM
Ramjade
post Mar 3 2023, 10:33 PM

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QUOTE(poooky @ Mar 3 2023, 10:23 PM)
What's on discount? Any recommended material I can scan through to learn about what's what? And how to spot discounts and opportunities?

Sorry..lol. I'm not expecting to be spoon-fed. Just overwhelmed with all the options, and genuinely want to learn the craft.
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Stocks are on discount. If something is selling down, it's a discount. Many people panic and unable and afraid to buy when market is red. I buy when market is red. The redder it is the better. Yes things can get cheaper but if something's are on sale, just grab. Work extra job/overtime to get more cash and hope discount stays for longer.

Stuff like Johnson and Johnson, snowflake, datadog,
Have a watchlist on things you want to buy. When they are not a all time high, it's good idea to buy some.

Come spoon feed you. A simple google search will tell you the answer.
"moomoo tiger endowus moneyowl"
https://blog.seedly.sg/cash-management-accounts-singapore/

Keep in mind don't move money back and forth between sg and malaysia. Once Money in sg leave it there. If you are not ready to leave your money in sg, dont invest overseas.

This post has been edited by Ramjade: Mar 3 2023, 10:59 PM
Ramjade
post Apr 14 2023, 03:41 PM

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QUOTE(sweetpea123 @ Apr 14 2023, 02:21 PM)
I know monthly payout but is the interest daily compounding like KDi??
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What I know is only KDI compound daily. The rest is monthly.

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