MARI invest

[Lè Crayons]

How this Mari invest work ah??

Suggest you read the entire thread to get an idea how this works.

 

[wutawa]

Buy and sell.

really this simple. i cant find another product as simple as this.

• no transaction fee
• no lockdown period
• no min amount

 

[ctan84]

I don't have enough to earn the 6.8%. moomoo I everyday 10 cents. Mari invest 30 cents.

Ok lah, Mari Invest 1 month can buy you 2 cai png (2 meat 1 veg).

 

[sglandscape]

really this simple. i cant find another product as simple as this.

• no transaction fee
• no lockdown period
• no min amount

but tbills better and the rate is more locked in, but you need more money to ownself build up a ladder

 

[sohguanh]

but tbills better and the rate is more locked in, but you need more money to ownself build up a ladder

If you got X dollars buy both then best of both worlds.

 

[wutawa]

but tbills better and the rate is more locked in, but you need more money to ownself build up a ladder

	Tbill	Mari invest
Pros	Guaranteed capital and yield	yield subjected to price movement and market value. not covered by sdic
	Upfront cash return	daily return (compounded)
	Can be bought with srs and cpf	cash only
	No max limit	max $75k
	no fees	Mari invest management fee will be doubled from 1 jul (to be 0.25%)
Cons	min $1k	min $1
	fund locked for 6 or 12 mths	instant withdrawal for < $10k, next business day for > $10k
	No int during the few days of bidding period	can buy or sell on any day

 

[wutawa]

Tmr better give me double or I will be very angry wor.

Ok, I am happy. Haha

 

[sglandscape]

Tbill vs Mari Invest
Pros:

• Guaranteed capital and yield
• Upfront return
• Can be bought with srs and cpf
• No max limit (Mari invest $75k currently)
• Mari invest management fee will be doubled from 1 jul (to be 0.25%)

Cons:

• min $1k
• fund locked for mths
• No int during the few days of bidding period

interest forgone is 1 day, and funds locked up can be mitigated by building ladder but takes effort. Only plus is capital guaranteed

 

[wutawa]

interest forgone is 1 day, and funds locked up can be mitigated by building ladder but takes effort. Only plus is capital guaranteed

1 day is the min, subjected to which platform u using to buy. Not everyday has tbill.

meaning tbill is suitable for the very rich. Small fishes like me use Mari invest.

 

[camholicx]

1 day is the min. Not everyday has tbill.

meaning tbill is suitable for the very rich. Small fishes like me use Mari invest.

Roughly how much u put in Mari Invest, and est return is how much?
I am asking because I not sure if I want to put more portion in the Mari Saving or Invest? I have 10k in Mari total.

 

[wutawa]

Roughly how much u put in Mari Invest, and est return is how much?

I put all my savings $3,9k into mari invest. Today return is 76 cents. Est return 3.55%.

unlike mari savings, mari invest is an investment. u need to understand what u r buying and its risk. dont just look at the return.

 

[camholicx]

So far, the interest rate got dipped below 2.5%?

 

[wutawa]

So far, the interest rate got dipped below 2.5%?

Ytd was 0%. No return.

 

[camholicx]

Sorry, I rephase. For Mari Invest, is our capital guaranteed safe?

 

[wutawa]

Sorry, I rephase. For Mari Invest, is our capital guaranteed safe?

No, capital not guaranteed.

 

[Lè Crayons]

Tmr better give me double or I will be very angry wor.

Yes. Today we received double.

 

[Sumimasen]

Izzit ideally to buy in bef 730am on weekdays?

 

[Lè Crayons]

Izzit ideally to buy in bef 730am on weekdays?

Yes, if not the money will be transferred the next day.

 

[sglandscape]

Sorry, I rephase. For Mari Invest, is our capital guaranteed safe?

Nope not guaranteed, the NAV could go up or down based on interest rate.

 

[wutawa]

Izzit ideally to buy in bef 730am on weekdays?

for the slight liquidity, otherwise just buy now to gain int over the weekends also buay pai