MARI invest

[sohguanh]

I believe with the stock market picking up especially when us say will cut rates it is advisable to leave a small portion Liquidity for that.

I experience bull run before and I can say really no horse run. E.g now Japan is on fire, anything related too Japan quite confirmed huat and I enter them last year already and I post in forum before. Now still continue with smaller amount.

And yes in a bull run you see ppl quitting full-time job to go into stocks etc as it is easier monies and they see no up 3-4% kind of returns.

 

[harky]

i try alittle..

put 500, i got 10cent today

 

[wutawa]

i try alittle..

put 500, i got 10cent today

u heng. today double rate. u getting around 3.65%.
i hope u dont get addicted on checking the returns everyday like me.

 

[sibeiTrolled]

u heng. today double rate. u getting around 3.65%.
i hope u dont get addicted on checking the returns everyday like me.

i see your post, my hand automatically go for my phone.
So is it my fault for looking inside this thread or your fault for saying double rates

 

[wutawa]

i see your post, my hand automatically go for my phone.
So is it my fault for looking inside this thread or your fault for saying double rates

Paisay lor, I was just explaining to the new guy in case he assumes he will get 10 cents everyday (7.3%). Wait till he sees Tue return even more high.

 

[wei6464]

Seems the daily return is negative sum today..

 

[harky]

ah..
so drop liao.
they take away my 5cent

now i only earn 5cent interest

 

[Lè Crayons]

Seems the daily return is negative sum today..

First time negative return for me!!!

 

[wutawa]

First time negative return for me!!!

me too, since 5 feb

 

[ctan84]

First time negative return for me!!!

Means what? They deduct money instead of crediting?

 

[sango65]

Means what? They deduct money instead of crediting?

it just means your actual return is reduced if you choose to sell your investment today. If you dont sell, the return is just on paper (unrealised)

 

[JivBunny]

Tracking from 16 Feb till 25 Mar

The average return is 3.576%

but if tmr give a double, then it will go back up to 3.666%

There was also a drop on 21 Dec 2023 for this index.

Generally my feel is that over time, this will likely drift downwards if they are still focusing on MAS bonds as the interest ease off.

 

[wutawa]

Tracking from 16 Feb till 25 Mar

The average return is 3.576%

but if tmr give a double, then it will go back up to 3.666%

not accurate to calc yield on mon as tue usually gives 3 times return.

actually i guessed that the drop in 21 dec is due to the management fee.

 

[wutawa]

Means what? They deduct money instead of crediting?

yes, those who started buying on sat or sun will lose some of their capital.

 

[ablurcat]

So now buy ok not?

 

[wutawa]

So now buy ok not?

i still have all my savings in this investment. u have to assess it on your own after finding out more. i hope my table below helps. mari savings (2.88%) is safer if u r unsure.

	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

 

[wei6464]

Let's hope the daily return won't be negative tomorrow...

 

[PaulLevesque]

Wa first time negative return

 

[sohguanh]

I need repeat again never all in to any single investment instrument and you should be fine

 

[sibeiTrolled]

actually i guessed that the drop in 21 dec is due to the management fee.

Isn't the fee deducted first before handed out?

So now buy ok not?

No one can help you to answer, just buy in small amount first if you unsure