I wonder anyone subscribe to the 5.8% PA guaranteed return in MM Cashplus.

is it worth it ? since its better than buying BIL, and yet secure and licensed by MAS, guaranteed by SIPC.

seriously I am totally lost on the moomoo platform.

I downloaded the software, login with hp verification.

I am required to upload the passport information, but i cant even find the following:

● Go to Me

● Click Settings

● Click Account and Security

● Select the info and follow the instructions to modify

has anyone used moomoo cds account to apply for IPO ? and is it successful ?

do anyone recommend cash plus account ? is it better than rize ?

moomoo cash plus has drop to 3% and somemore 7 days yield, very unattractive.

so to buy msia stocks, need to transfer from rize, 1 working day in advance ?

at least moomoo give cds acc rather than trustee acc at FSM

This post has been edited by ccschua: Sep 12 2024, 11:41 AM

today, the United Money Market Fund - Class R is showing 4.37% (7day yield) return on 7d Yield. when I find out further, last day return is only 0.03%, last week return 007% and last month return 0.32%. does that mean if I invest for 1 week, do I get 4.57% annual interest calculated daily or I get 0.03% ? its so confusing

It’s a waste of time subscribing to the mmf as it takes up to 2 working to subscribe and another 1 to 2 working days to unsubscribe. Lesson learnt.

Compared to KDI, I lost 4 days of interest at a lower rate some more

This post has been edited by ccschua: Jan 16 2025, 08:18 AM