MARI invest

[lazy999]

https://www.bullionstar.com/charts/gold-price-today

Thanks for the link

 

[Mr.Canberra]

-6% in 1 day

Don't worry this is bargain sale time. Long term wise precious metals are bullish as fiat currencies are toilet paper.

Now BTC having correction too. Can nibble a bit.

Long term investment is about building a resilient well diversified portfolio. One asset class may be down but another asset class will hedge it.

I like some fixed income as can get monthly "CDC Vouchers" to offset my living expenses.

Don't just all in on one asset class like those simi self proclaimed Masters. Hahaha.

 

[lazy999]

Guys, quick check. When we buy Mari gold, the actual buying price is when u clink on buy button or when the order is confirmed by the fund manager?

 

[~sabaisabai~]

Don't worry this is bargain sale time. Long term wise precious metals are bullish as fiat currencies are toilet paper.

Now BTC having correction too. Can nibble a bit.

Long term investment is about building a resilient well diversified portfolio. One asset class may be down but another asset class will hedge it.

I like some fixed income as can get monthly "CDC Vouchers" to offset my living expenses.

Don't just all in on one asset class like those simi self proclaimed Masters. Hahaha.

U buying which one?

 

[Mr.Canberra]

U buying which one?

Buy simi?

Besides MII I also hoot BTC, ETFs (various sectors) and toilet paper brands CNY and USD.

 

[lazy999]

Guys, quick check. When we buy Mari gold, the actual buying price is when u clink on buy button or when the order is confirmed by the fund manager?

Anyone can advise?

 

[alanchia67]

At current rate of falling, MIG NAV Price for Monday may come under 16% since inception, going below 1.1600.

Great, just as expected. My dca transacts on Monday with anticipation on NAV drop.

 

[~sabaisabai~]

Buy simi?

Besides MII I also hoot BTC, ETFs (various sectors) and toilet paper brands CNY and USD.

No buy kim?

 

[alanchia67]

Anyone can advise?

I think it was mentioned T+1 if before 9am, else T+2 settlement.

 

[Mr.Canberra]

No buy kim?

Don't have to buy the actual gold. I buy precious metals related ETFs.

 

[~sabaisabai~]

Don't have to buy the actual gold. I buy precious metals related ETFs.

GLD?

 

[Prohere7321]

Guys, quick check. When we buy Mari gold, the actual buying price is when u clink on buy button or when the order is confirmed by the fund manager?

When order is confirmed by the fund manager.

 

[Mr.Canberra]

GLD?

No. I hoot Tiong market.

As of now spot trading for Gold, Silver and Palladium is really epic. Falling off a cliff.

Forex/commodities are highly manipulated. The sharks taking profit gao gao.

Better not touch Forex/Commodities futures trading. I was a casualty once.

Only very experienced traders can make money from this field. I consider them the best of the best!

 

[wutawa]

I think it was mentioned T+1 if before 9am, else T+2 settlement.

order before 9am is the nav for the same day (announced T+1 after 12pm)
order after 9am is the nav for the next day (announced T+2 after 12pm)
@lazy999 can't see some of your posts vya

 

[lazy999]

order before 9am is the nav for the same day (announced T+1 after 12pm)
order after 9am is the nav for the next day (announced T+2 after 12pm)
@lazy999 can't see some of your posts vya

Ahh I see. Wah sian now.Gold price suddenly drop so much.. . I load 5k order on Fri afternoon. The Mari app status now show order submitted successfully at Friday, 29th 16:56.

Order to be confirmed by fund manager expected by Monday, 2th Feb 16:00.

So the nav will be based on Monday rite?

 

[wutawa]

Ahh I see. Wah sian now.Gold price suddenly drop so much.. . I load 5k order on Fri afternoon. The Mari app status now show order submitted successfully at Friday, 29th 16:56.

Order to be confirmed by fund manager expected by Monday, 2th Feb 16:00.

So the nav will be based on Monday rite?

29 Jan is thu. your Mari app is buggy.

 

[alanchia67]

Ahh I see. Wah sian now.Gold price suddenly drop so much.. . I load 5k order on Fri afternoon. The Mari app status now show order submitted successfully at Friday, 29th 16:56.

Order to be confirmed by fund manager expected by Monday, 2th Feb 16:00.

So the nav will be based on Monday rite?

Yup.

Precisely due to high NAV, I have been dripping DCA since initial load during MIG launch.
And to 'prevent' surprises over weekends by certain golden-hair individual, my strategy is to DCA on Thursday weekly so that the settlement falls on Monday.

 

[Mr.Canberra]

Metal massacre on Friday's close.

Gold US$4,763.10 -591.70 (-11.05%)
Silver US$78.832 -35.597 (-31.11%)
Palladium US$1,703.10 -315.50 (-15.63%)

 

[lazy999]

Metal massacre on Friday's close.

Gold US$4,763.10 -591.70 (-11.05%)
Silver US$78.832 -35.597 (-31.11%)
Palladium US$1,703.10 -315.50 (-15.63%)

Sighz.. Haven't even sell to earn some milk powder money... It's start to drop so much..