MARI invest

[rob1977]

my backstory: was a firm believer of saveplus, all money in it. then kept $8 reward in income. 造化弄人, I transferred all my money from saveplus to income. now I plan to keep $18 reward in gold. will I go crazy again and transfer all my money into gold?

You are 见风使舵。 哪里凉，哪里坐

 

[peppermint7]

Wait. Gold doesnt generate dividend. It doesnt automatically provide capital appreciation. Should make sure your other portfolio assets are allocated before using gold as final 'hedge'.

** uncle here doing the safest way, typical textbook style **

Agree that. Usually ppl buy gold is to keep for super long term. No dividend no income. Super long term is 5 years 10 years even for life.

 

[peppermint7]

You are 见风使舵。 哪里凉，哪里坐

I think as strong Mari sarporter he needs to put his leg into every product to give a try in order to give good recommendations to next generation.

 

[jinsatkilife]

Wait. Gold doesnt generate dividend. It doesnt automatically provide capital appreciation. Should make sure your other portfolio assets are allocated before using gold as final 'hedge'.

** uncle here doing the safest way, typical textbook style **

But putting your wealth in currency means ur wealth can be printed and debase more than interest rate currency offers

Gold has storage cost tho

 

[alanchia67]

MariBank has a rather full suite *textbook answer*

Savings Account - liquid cash, very low risk. for parking cash/emergency fund
Fixed Deposit - short to mid-term cash, very low risk. for planned use cash
Invest SavePlus - cash with higher yield, relatively low risk.
Invest Income - medium risk. for income generation
Invest Gold - high risk. commodity for alternative inflation hedge

Do you think MariBank will introduce ILP in future? (may be, Mari Invest Life)?? Just like Trust Bank?

 

[Mickey01]

Does the Mari Invest Gold NAV reflected in the app track the NAV of the Lion Global Singapore Physical Gold A Acc SGD UT?

 

[alanchia67]

Does the Mari Invest Gold NAV reflected in the app track the NAV of the Lion Global Singapore Physical Gold A Acc SGD UT?

Mari Invest Gold has a different Class. It's LionGlobal Singapore Physical Gold Fund Class MariBank SGD H (Acc)

 

[wutawa]

bought $1k. promo for cheapskate like me

https://www.lionglobalinvestors.com/en/fund.html?officialNav=SMH

Does the Mari Invest Gold NAV reflected in the app track the NAV of the Lion Global Singapore Physical Gold A Acc SGD UT?

Mari Invest Gold has a different Class. It's LionGlobal Singapore Physical Gold Fund Class MariBank SGD H (Acc)

 

[alanchia67]

Chris has a new video on this.

 

[Jirachi]

Seems like invest gold is open to everyone?

I can see it

BTW what does sgd hedge mean? It's hedged against usd because usd is the underlying currency?

If usd dedollarisation is a thing, then why hedge because will lose returns due to hedging and hedging costs

Hedging means you don’t need to care about FX risk as an investor.

 

[jinsatkilife]

Hedging means you don’t need to care about FX risk as an investor.

That's not very useful

If usd drop against sgd, does the value of gold in sgd go up or down? If hedge

Similarly, if usd increase against sgd, how's the relative value in sgd? If hedge

In other words, is it a double edge sword or a one way sword with one time for a set duration, ongoing hedging cost?

 

[alanchia67]

That's not very useful

If usd drop against sgd, does the value of gold in sgd go up or down? If hedge

Similarly, if usd increase against sgd, how's the relative value in sgd? If hedge

In other words, is it a double edge sword or a one way sword with one time for a set duration, ongoing hedging cost?

Have you asked AI to explain?

 

[rob1977]

Mis is like rollercoaster

 

[Jun666]

Mis is like rollercoaster

negative again?

 

[~sabaisabai~]

Mis is like rollercoaster

Drop so much

 

[~sabaisabai~]

negative again?

Yes

 

[WoShiPro]

Saveplus dropped 3 cents better use instant withdrawal and submit buy request on Monday to avoid negative int.

Noticed fund aum kept dropping it's now 1b.

 

[alanchia67]

Haha.. MIG also dropped, from $1.0247 to $1.0196.

 

[~sabaisabai~]

A

Haha.. MIG also dropped, from $1.0247 to $1.0196.

All drop? MII too. From 9.56 to 9.55

 

[jinsatkilife]

Saveplus dropped 3 cents better use instant withdrawal and submit buy request on Monday to avoid negative int.

Noticed fund aum kept dropping it's now 1b.

where got drop? remain same as yesterday