MARI invest

[pratik28]

Mari Invest change name to Mari Divest hahaa

 

[pratik28]

My MIG also in negative alr due to last few price drops , laugh or cry haha.
But I guess thats the process or nature atleast for Gold and some other instruments ,
where short term volatile is expected as its suppose to be a mid to long term hold asset anyways.

This is where the hedged v/s unhedged consideration matters too ,
USD getting stronger 1.26sgd to 1.28sgd

 

[alanchia67]

Some analyst say gold will continue to plunge as USD is needed more to buy crude oil.

 

[lazy999]

Some analyst say gold will continue to plunge as USD is needed more to buy crude oil.

If can drop to higher $4000+, can go in buy some

 

[lazy999]

My first tranche go in and appear on book already made a loss of 25sgd

Mine too, i just check. Lost $10++

 

[Prohere7321]

Pre-Market trading opened 1 hour earlier due to daylight savings time in US.

 

[Prohere7321]

London will also start daylight savings time at the end of this month.

 

[Mr.Canberra]

This is where the hedged v/s unhedged consideration matters too ,
USD getting stronger 1.26sgd to 1.28sgd

MII is SGD hedged.

Tiagong from those so called economic experts that USD/SGD will be 1:1 decades from now. GG man!

 

[wongminmin]

if your sell confirmation is on 9 mar Mon, I can confirm that your selling price is $9.42. I can also confirm u can get a decent return by getting the payout mthly instead of selling at a loss.

btw, did u sell Mii $1k on 5 mar and bought $10k on 6 mar?

lost $51.55 , buyed $9.47 sold at $9.42

lesson learnt.

 

[wongminmin]

saveplus should be safe?

 

[alanchia67]

saveplus should be safe?

Non investment instruments are safe - such as Mari Savings Account and Fixed Deposit.

 

[wongminmin]

lol those who play mari invest gold.... sure lost until laosai.

 

[wutawa]

btw, did u sell Mii $1k on 5 mar and bought $10k on 6 mar?

lost $53 , buyed $9.47 sold at $9.42

lesson learnt.

so u:

1. bought $1k in feb
2. bought $10k on 3 mar
3. sold $1k on 5 mar
4. sold $10k on 6 mar

?
what is the lesson u learnt?

 

[wutawa]

saveplus should be safe?

"safe" is relative.
i think mii is safe despite the unit price dropping like ****. all my money in it so i am super bias.

 

[alanchia67]

lol those who play mari invest gold.... sure lost until laosai.

I have been DCAing regularly. Still gaining.

 

[pratik28]

saveplus should be safe?

Must review the underlying assets that fund invests in.
Saveplus is safer than MII is safer than MIG , relatively safe ya.
Avoid panic sell.

Its like Gold is safe-haven in long term yet it has high risk rating , bcoz of how volatile it is in short-term.

 

[wongminmin]

so u:

1. bought $1k in feb
2. bought $10k on 3 mar
3. sold $1k on 5 mar
4. sold $10k on 6 mar

?
what is the lesson u learnt?

1. higher return = higher risks = gambling.
2. bond isn't 100% safe..... Despite knowing iran war on-going, i still invest.
3. i should understand the full mechanism/whole process before all in. i still dun understand unit price, unrealistic return etc.

 

[pratik28]

I have been DCAing regularly. Still gaining.

Wongminmin will pivot to MIG already hahaa

 

[wutawa]

lol those who play mari invest gold.... sure lost until laosai.

I am losing 8¢ of my promo reward. not planning to sell.

 

[wutawa]

1. higher return = higher risks = gambling.
2. bond isn't 100% safe..... Despite knowing iran war on-going, i still invest.
3. i should understand the full mechanism/whole process before all in. i still dun understand unit price, unrealistic return etc.

$53 is a small price to pay
1. higher return ≠ higher risks
higher risks = gambling
2. no investment is 100% safe. not even t-bill, ssb or even FD.
return with less than inflation = 100% unsafe
3. it is difficult/impossible to understand the whole process unless u try it yourself.