MARI invest

[reddevil0728]

why negative?

 

[ToonBlue]

why negative?

From what I understand is that there is drop in unit price last week.

 

[reddevil0728]

From what I understand is that there is drop in unit price last week.

ok la. so is more of investment going sideways.

 

[WilsonH]

Ok la i received 14% return on Thu, not too bad.

 

[s0crates]

Ultimately choosing the safest cash fund/MMF like Fullerton cash fund is the best solution.

I don't think the new products are as stables as all the other "zhng-ed" branded products out there.

 

[sansanjikikut]

Fullerton SGD via a well known broker over mari invest anytime

 

[sansanjikikut]

For the bed sheets (same brand and SKU), I had compared Shopee & Qoo10 price and was surprised that Qoo10 was much cheaper by a significant amount even after deducting all the discounts/coupons/coins, etc.

So no choice had to buy from Qoo10 instead.

Any brands to recommend on Qoo10 that are typically cheaper compared to Lazada or shopee after accounting for coupon discounts?

 

[jtsh55]

Any brands to recommend on Qoo10 that are typically cheaper compared to Lazada or shopee after accounting for coupon discounts?

The bedsheet brand was EKOHOME which I had bought from Qoo10 previously.

But it's better to do a price comparison as there's always price fluctuation between different platforms.

 

[Snow_Rain]

Anyone still using mari invest? Does the fund earn interest over the weekends?

 

[grandorder302]

Anyone still using mari invest? Does the fund earn interest over the weekends?

Just started 2 weeks ago, the transaction doesn't show earn interest over the weekends.

 

[jtsh55]

Just started 2 weeks ago, the transaction doesn't show earn interest over the weekends.

I think the weekend interests will consolidate and show it on following Tuesday's interest.

Need more people to clarify on this though.

 

[eden1988]

I think the weekend interests will consolidate and show it on following Tuesday's interest.

Need more people to clarify on this though.

Yes you're correct.

 

[Abide.]

Looking to park some spare cash for 2 weeks - anyone can share the returns/ time to withdraw if above 50k?

or save the hassle and put in Mari bank 2.88 instead? Tks

 

[eden1988]

Looking to park some spare cash for 2 weeks - anyone can share the returns/ time to withdraw if above 50k?

or save the hassle and put in Mari bank 2.88 instead? Tks

How do I withdraw cash instantly?​

Withdraw your cash instantly in 3 easy steps! Simply tap Sell, input your order amount and tap Confirm!

All sell orders will be automatically processed as instant withdrawals, subjected to a daily instant withdrawal limit of S$10,000.

For withdrawals beyond the daily limit of S$10,000, you may expect to receive your cash within the same business day if your request is submitted before 7:30am.

Otherwise, you will receive your cash within the next business day (The date you will receive your cash will be shown to you in the MariBank app before you confirm your transaction).

For more information on instant withdrawal, you may refer to the Terms and Conditions Governing Mari Invest Account.

MariBank does not charge any fees for instant withdrawal.

 

[CoffeeDrinker8899]

From their latest update, annual management fee for the Lion-MariBank SavePlus fund, charged by the fund manager Lion Global Investors (LGI), will be 0.125% p.a. until 30 Jun 2024.

Thereafter, from 1 Jul 2024, the annual management fee for the Lion-MariBank SavePlus fund will be 0.25% p.a

 

[JivBunny]

Looking at the average returns of almost 3.98% over a period of 3 weeks if I actualized the sales of my Mari invest.

With a 0.125 mgmt fees, I think 3.855 is quite a good return for a product that is quite simple to understand

 

[sohguanh]

Looking at the average returns of almost 3.98% over a period of 3 weeks if I actualized the sales of my Mari invest.

With a 0.125 mgmt fees, I think 3.855 is quite a good return for a product that is quite simple to understand

Agree. And it's closest competitor would be Fullerton Cash Fund but got delay in withdrawal. moomoo then launch an exclusive Fullerton Liquidity with instant withdrawal like Mari invest but my past 2 months trial is the returns not as good as Mari Invest

 

[deemon]

Agree. And it's closest competitor would be Fullerton Cash Fund but got delay in withdrawal. moomoo then launch an exclusive Fullerton Liquidity with instant withdrawal like Mari invest but my past 2 months trial is the returns not as good as Mari I

may i know the 10000 daily withdrawal means you only can sell 10000 per day?

 

[sohguanh]

may i know the 10000 daily withdrawal means you only can sell 10000 per day?

Instant withdrawal today can get monies up to 10k. If you wanna withdraw more that then must wait a few days then monies come back that is how I interpret

 

[wutawa]

i just started this. not a lot but worth trying. hehe