MARI invest

[geographic]

Mari Invest NAV for 30 Sep 24 is $1.0443. Tmr 3X credit in account.

 

[ekardo]

Mari Invest recent returns should give you some indication moving forward. It maybe wise to source alternatives in the meantime and not wait for it to happen. 未雨绸缪 is important

Like no other alternative for me liao.

 

[linusz]

Mari Invest NAV for 30 Sep 24 is $1.0443. Tmr 3X credit in account.

how to know sia?
anyway it is at 3.30% time to move back to scb?

wed is best day in week to sell? wed?

 

[geographic]

how to know sia?
anyway it is at 3.30% time to move back to scb?

wed is best day in week to sell? wed?

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

 

[geographic]

how to know sia?
anyway it is at 3.30% time to move back to scb?

wed is best day in week to sell? wed?

How did you arrive at 3.3%?

The return should be calculated based on the price you purchased. For example, if the price is $1.0443, you could get approximately 9576 units for $10,000 vested. Thus, when the NAV is increased by $0.0001, your return should be $0.9576.

May I know what is the return for SCB currently?

 

[linusz]

How did you arrive at 3.3%?

The return should be calculated based on the price you purchased. For example, if the price is $1.0443, you could get approximately 9576 units for $10,000 vested. Thus, when the NAV is increased by $0.0001, your return should be $0.9576.

May I know what is the return for SCB currently?

from mari app - there is a last 4w % for mari invest

SCB for those on promo till oct is 3.35%

 

[Kunkka]

What is the withdrawal limit?

 

[geographic]

What is the withdrawal limit?

Extracted from Mari Invest website : https://www.maribank.sg/help-centre/article/10229-how-do-i-withdraw-cash-instantly

All sell orders will be automatically processed as instant withdrawals, subject 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 may generally expect to receive your cash within the next business day (the date that you will receive your cash will be shown to you in the MariBank app before you confirm your transaction).

 

[geographic]

from mari app - there is a last 4w % for mari invest

SCB for those on promo till oct is 3.35%

As per current, Mari Invest's return is still higher than SCB.

 

[FlyGuardX]

mari invest keep dropping

 

[Bumiputera]

mari invest keep dropping

Mari invest closely follow govt bills and bonds... Inevitably their rates will drop to sometimes barely higher than cpf rates ..

 

[wutawa]

As per current, Mari Invest's return is still higher than SCB.

I prefer mari invest over esaver because daily return update more shiok.

 

[geographic]

I prefer mari invest over esaver because daily return update more shiok.

Yes, this is still the best at the moment compared to FD/T-bills/SSB.

Based on the tabulation update by Mari Invest on 26 Aug 24, my return is 3.79%. I started with them on Dec 23. Assuming Mari Invest continues to give 7x weekly, at the current price of $1.0443, the annual yield is also about 3.5%. Until I find a better option I will continue to be vested.

 

[geographic]

mari invest keep dropping

If you look at the change in the daily NAV, the price increase is quite consistent. On a weekly average is about 7X. This is based on past data and does not mean it will be the same forward.

 

[geographic]

This week back to 7X.

 

[wutawa]

Yes, this is still the best at the moment compared to FD/T-bills/SSB.

Based on the tabulation update by Mari Invest on 26 Aug 24, my return is 3.79%. I started with them on Dec 23. Assuming Mari Invest continues to give 7x weekly, at the current price of $1.0443, the annual yield is also about 3.5%. Until I find a better option I will continue to be vested.

Liquidity is my primary concern so FD, tbill and ssb are out. Yield wise Mari invest also leading. For stability on capital and return, Mari invest is lowest. However I have blind faith on it so I put all in.

Liquidity	Mari	FD	SSB	TBill
Yield	Mari	TBill	FD	SSB
Stability	SSB	TBill	FD	Mari

 

[geographic]

Liquidity is my primary concern so FD, tbill and ssb are out. Yield wise Mari invest also leading. For stability on capital and return, Mari invest is lowest. However I have blind faith on it so I put all in.

Liquidity	Mari	FD	SSB	TBill
Yield	Mari	TBill	FD	SSB
Stability	SSB	TBill	FD	Mari

Thanks for the great analysis. My funds are spread across shares, FD, T-Bill, SSB, and Mari. Due to the falling rates, I stopped placing in T-Bill and FD after they matured. The funds are instead channeled to Mari as they are commanding better rates. Compared to shares, Mari is less volatile. Because it is more liquid, I can withdraw the funds when needed.

 

[sohguanh]

Thanks for the great analysis. My funds are spread across shares, FD, T-Bill, SSB, and Mari. Due to the falling rates, I stopped placing in T-Bill and FD after they matured. The funds are instead channeled to Mari as they are commanding better rates. Compared to shares, Mari is less volatile. Because it is more liquid, I can withdraw the funds when needed.

Put some to eSaver to diversify for me actually.

 

[wutawa]

Liquidity is my primary concern so FD, tbill and ssb are out. Yield wise Mari invest also leading. For stability on capital and return, Mari invest is lowest. However I have blind faith on it so I put all in partially.

Liquidity	Mari	FD	SSB	TBill
Yield	Mari	TBill	FD	SSB
Stability	SSB	TBill	FD	Mari

i just found out abt fsmone rsp and will try it from 8th oct.

 

[yslvlys]

i just found out abt fsmone rsp and will try it from 8th oct.

What are you gonna rsp?