MARI invest

[CoffeeDrinker8899]

They calculate based on the daily released NAV. Date1 price1 then Date2 price2. They assume if you put X dollars on date1 and then no sell that monies in the form of units will then be X% annualized on date2. It is same as how moomoo Fullerton Cash Fund count. They are mutual fund so price go up and down.

If you all find they are cheating by all means withdraw all and take your monies give other ppl earn. It is not mandatory.

I don't think they are cheating me, thats pretty a strong word and I am really not someone to bicker over such things, I went in thinking of it as advertised floating yields.

But seeing some referring to the yields as interest, I guess it might be useful to point it out.

 

[JivBunny]

4.17% for past 4 weeks! This is going to overthrow Fullerton Cash Fund from the throne soon but somehow fund manager that put 1.7% on China dunno what investment instrument worry me. Anyone same thoughts?

Ya, I also noted that they have 1.7% of the funds inside China.

to me, not to worry so much. Cashing out is fast and furious. As long as you monitor it closely and have a line drawn to exit when it drops below certain value, then is quite ok. My excel also gave me similar returns at -3.7x% but is still good enough for me as compared to savings account of 2.88-3%.

*edit*
I just did a recount of the amount that I put in and the returns annualised at around 3.85%. Definitely nowhere near 4.17% but really is good for me as it is still pretty fluid.

 

[wutawa]

i was getting 3.65% in feb. i top up in 1 mar and it dropped to 3.53%.

i gotten double return today and yield boost up to 4.09%.

 

[Uramasa]

i gotten double return today and yield boost up to 4.09%.

means likely tomorrow won't have return.

 

[bombshell]

This one the returns won't compound until you cash out and buy in again right?

 

[sohguanh]

This one the returns won't compound until you cash out and buy in again right?

This one underlying is mutual fund so like stock ETF price can go up and down. Like stock and ETF you own X shares,units based on capital invested. If you no more buy then based on your units you multiply by the latest nav which they released once a day.

If you sell and buy again you may buy at higher price means for same capital you get lesser units. If you play with stock ETF it will be easy to understand.

 

[wutawa]

This one the returns won't compound until you cash out and buy in again right?

I am quite sure u will get less return if u cash out and buy in again.
Eg. Sell at $1.0238 then buy at $1.0240

 

[Lè Crayons]

means likely tomorrow won't have return.

Yah they keep having this pattern

 

[Uramasa]

surprisingly have interest for today.

 

[Sambuca78]

try it. if u get back 4.0x, then u r right. i dont tink top up has neg impact. the drop could be coincident.

I put 20k this morning and get 1.95 only today.

 

[wutawa]

I put 20k this morning and get 1.95 only today.

if u buy after 7.30am, the order will be processed on mon. fri no return. u will see the accumulated returns for sat and sun on tue.

 

[JivBunny]

So far the returns is hovering around 3.7-3.8% minus the management fees.

Must see how it performs after July when the management fees goes to 0.25%

 

[sohguanh]

So far the returns is hovering around 3.7-3.8% minus the management fees.

Must see how it performs after July when the management fees goes to 0.25%

That is why you need diversify like put some elsewhere say Syfe Cash+ StashAway Simple Guaranteed etc with the downside lockup but at least you try others not depend only on one investment instrument.

Diversification is one simple strategy maybe less returns than all in on one investment but I am fine with lesser returns as I am in for the long haul at least until I retire at 55.

 

[QinWei]

diversify like put some elsewhere say Syfe Cash+ StashAway Simple Guaranteed etc with the downside lockup but at least you try others not depend only on one investment instrument.

erm that is not exactly diversification (also not expansion)

u r refering to more like distribution of where your cash goes eg there are many channels to distribute a co. products.....or it is like placing them under the sofa and then under the bed/pillow, in the tin.

and there is a formula to compute that : risk, correlation
In invesment , that a portfolio/your capital with different asset types will perform better than one with few. eg bonds/fixed income v Equities/shares v ........... and then also over diff geographical locations and sectors/regions (which are typically categorized as either sensitive, cyclical or defensive)

if i m not Wrong, be it U r SA or Syfe Cash and even Tbills , they r highly correlated
So?no diversification at all

 

[sglandscape]

erm that is not exactly diversification (also not expansion)

u r refering to more like distribution of where your cash goes eg there are many channels to distribute a co. products.....or it is like placing them under the sofa and then under the bed/pillow, in the tin.

and there is a formula to compute that : risk, correlation
In invesment , that a portfolio/your capital with different asset types will perform better than one with few. eg bonds/fixed income v Equities/shares v ........... and then also over diff geographical locations and sectors/regions (which are typically categorized as either sensitive, cyclical or defensive)

if i m not Wrong, be it U r SA or Syfe Cash and even Tbills , they r highly correlated
So?no diversification at all

he might be looking at diversification of the counterparty credit risk part, which is not normally a big part of the risk-return component, but tend to have sudden jump to default

 

[CoffeeDrinker8899]

erm that is not exactly diversification (also not expansion)

u r refering to more like distribution of where your cash goes eg there are many channels to distribute a co. products.....or it is like placing them under the sofa and then under the bed/pillow, in the tin.

and there is a formula to compute that : risk, correlation
In invesment , that a portfolio/your capital with different asset types will perform better than one with few. eg bonds/fixed income v Equities/shares v ........... and then also over diff geographical locations and sectors/regions (which are typically categorized as either sensitive, cyclical or defensive)

if i m not Wrong, be it U r SA or Syfe Cash and even Tbills , they r highly correlated
So?no diversification at all

Platform diversification. Even if you buy exactly the same investment product with 02 different platforms, the total risk is still different compared to just buying with 01 platform.

As for cash, if you are keeping 150k cash, risk wise you are better off having 75k each with 02 different SDIC member banks than all of it with 01 bank.

 

[wutawa]

erm that is not exactly diversification (also not expansion)

u r refering to more like distribution of where your cash goes eg there are many channels to distribute a co. products.....or it is like placing them under the sofa and then under the bed/pillow, in the tin.

and there is a formula to compute that : risk, correlation
In invesment , that a portfolio/your capital with different asset types will perform better than one with few. eg bonds/fixed income v Equities/shares v ........... and then also over diff geographical locations and sectors/regions (which are typically categorized as either sensitive, cyclical or defensive)

if i m not Wrong, be it U r SA or Syfe Cash and even Tbills , they r highly correlated
So?no diversification at all

I won't call it diversification if like 70% of the fund portfolio are the same. It is like buying the different s&p500 ETFs. I also feel that diversification may not always be a good investment strategy. It is better to start on something simple which 1 can understand and have confidence in. Making the best choice is impt in investment. U may get confused and incurred too much costs when u over-diverified.

As your capital gets more (eg. >$500k) or u gain more investment knowledge, u can then consider other options.

 

[QinWei]

won't call it diversification if like 70% of the fund portfolio are the same

true!

75k

i dont even hve a figure close to , dont even! not even my dreams , mayb not even in next life
i trust the same for Sohguan

 

[sohguanh]

erm that is not exactly diversification (also not expansion)

u r refering to more like distribution of where your cash goes eg there are many channels to distribute a co. products.....or it is like placing them under the sofa and then under the bed/pillow, in the tin.

and there is a formula to compute that : risk, correlation
In invesment , that a portfolio/your capital with different asset types will perform better than one with few. eg bonds/fixed income v Equities/shares v ........... and then also over diff geographical locations and sectors/regions (which are typically categorized as either sensitive, cyclical or defensive)

if i m not Wrong, be it U r SA or Syfe Cash and even Tbills , they r highly correlated
So?no diversification at all

My diversification include REIT stocks ETF endowment insurance equities mutual fund etc not only these so called fixed income instruments. I dabble almost in all except car and property.

The stocks ETF seem to be making a comeback. Why I know is holdings red for 2 years now become green indicate hmmm

 

[CoffeeDrinker8899]

true!


i dont even hve a figure close to , dont even! not even my dreams , mayb not even in next life
i trust the same for Sohguan

I mentioned 75k only because it is the current SDIC limit, as for other things, I have no comment on whatever level of wealth ppl suggest they have or not have.