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 Money market fund

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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.
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.
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.
tsutsugami86
post Feb 1 2021, 08:38 AM

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QUOTE(GrumpyNooby @ Feb 1 2021, 08:22 AM)
If passport has just expired recently, can still use?
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Expired passport cannot use for registration. I also go to renew passport in order they activate my account sweat.gif
tsutsugami86
post Feb 1 2021, 08:42 AM

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QUOTE(GrumpyNooby @ Feb 1 2021, 08:41 AM)
They'll check?  hmm.gif
Need to attach the passport first page (page with photo) right?
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yes.
tsutsugami86
post Feb 1 2021, 10:53 AM

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QUOTE(!@#$%^ @ Feb 1 2021, 10:41 AM)
anybody using endowus here?
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From Endowus's website

Does Endowus have an initial minimum investment and account size?
The initial minimum investment amount is $10,000. We have a promotion period from 1 - 28 Feb 2021 where the minimum initial investment is $888.

You can fulfil the initial minimum investment through different modes of funding across Cash, CPF & SRS. For example, a Cash investment of $5,000 and a SRS investment of $5,000.

Initial investment need SGD 10K bangwall.gif I not yet reach that level. sweat.gif
tsutsugami86
post Feb 2 2021, 07:02 PM

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QUOTE(kino318 @ Feb 2 2021, 04:49 PM)
I not sure why stashaway require valid passport.
my passport expired, but i hv no plan to renew my passport, they disable my ac and force me to sell and withdraw my stashaway investment.
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SASG? Mean you previously registered the account and already funding to do investment, then when your passport expired, they disable your account?

Have they request you provide the renewed passport before they disable your account?
tsutsugami86
post Feb 3 2021, 08:51 AM

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QUOTE(kino318 @ Feb 3 2021, 08:39 AM)
Yes. they did request but I hv no plan to renew the passport so I let them disable the account.
I not sure I have made the wrong decision as the return from SA SG is not bad.

Thks
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Ok, thanks for sharing.
tsutsugami86
post Mar 1 2021, 04:52 PM

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QUOTE(ericlaiys @ Mar 1 2021, 04:47 PM)
versa:

got roughly 0.9% for payout. (within 2 week). so if i month, should be 1.8%. consider not bad and much better than fd
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1 month return 1.8% hmm.gif

This post has been edited by tsutsugami86: Mar 1 2021, 04:54 PM
tsutsugami86
post Mar 1 2021, 04:58 PM

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QUOTE(GrumpyNooby @ Mar 1 2021, 04:57 PM)
21.6% pa for annum rate

Amazing!  blink.gif
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I got put in few hundred cool2.gif

If annual 21%, I will take loan and put inside Versa

This post has been edited by tsutsugami86: Mar 1 2021, 05:04 PM
tsutsugami86
post Mar 1 2021, 05:13 PM

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QUOTE(ericlaiys @ Mar 1 2021, 05:08 PM)
u calc. see how much u get. maybe i calculated wrong...lol
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I put RM 100 on 16 Feb, another RM 100 on 23 Feb.
After the payout on 25 Feb, today my total value only RM 200.08 (return 0.04% only)
tsutsugami86
post Mar 1 2021, 05:21 PM

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QUOTE(ericlaiys @ Mar 1 2021, 05:16 PM)
click on notification. read the distribution amount or click on transaction > Payout.

The price is adjusted. wait few days for final update
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The distribution was completed. Your return is 10 times of my return, should i complain Versa why my return so low ?

This post has been edited by tsutsugami86: Mar 1 2021, 05:22 PM
tsutsugami86
post Mar 1 2021, 09:20 PM

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QUOTE(ericlaiys @ Mar 1 2021, 08:45 PM)
U can ask them & share to us how they calc
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Actually i just curious how your return so high? Can share some details?
tsutsugami86
post Mar 1 2021, 09:29 PM

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QUOTE(GrumpyNooby @ Mar 1 2021, 09:25 PM)
You put 10x more than you'll get the same return as him perhaps? brows.gif
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Time 10x my investment amount, still get 0.04% lah.

Maybe the overnight interest different?
tsutsugami86
post Mar 1 2021, 09:33 PM

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QUOTE(GrumpyNooby @ Mar 1 2021, 09:30 PM)
Overnight interest got different rate?
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I deposit RM 100 and get RM 0.01 (the minimum amount I get)

Not sure how they calculate overnight interest.
tsutsugami86
post Mar 2 2021, 02:07 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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Versa only can invest Affin Hwang Enhanced Deposit Fund, while allocate plus can invest most of affin hwang's product.
tsutsugami86
post Mar 5 2021, 09:04 AM

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My Versa top up on Monday, until today the deposit still in transit, last time 3 days will transaction complete, this time take so long ?
tsutsugami86
post Mar 5 2021, 09:08 AM

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QUOTE(GrumpyNooby @ Mar 5 2021, 09:05 AM)
You'll still earn overnight interest right?
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maybe, the overnight interest also not yet reflect
tsutsugami86
post Mar 5 2021, 09:18 AM

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QUOTE(GrumpyNooby @ Mar 5 2021, 09:08 AM)
So it's 0.9% every fortnight or 0.09% very fortnight?
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not so high. My first deposit RM 100 on 16/02/2021, units booked on 17/02/2021 & get RM 0.01 overnight interest. around 0.01%.



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