MARI invest

[~sabaisabai~]

@peppermint7

You bought income that day what nav price they locked in for you?

 

[peppermint7]

@peppermint7

You bought income that day what nav price they locked in for you?

$9.65

FOMC meeting (decision announced at 2:00 p.m. EST on 18/9) is a major market focus, if got rate cuts the price may goes up. If not may go down
So good or bad to buy at this price time will tell.

 

[peppermint7]

The fund manager will adjust the payout rate to control the nav. If it drops to $5, can run road alrdy. Pls don't wait till $1. Honest reply.

What $5? If drop to $9 already cold sweat. Drop to $8.50 already blame myself for not run road fast. But there again got to see the payout and average out the returns. I'll let u know 2 months later.

 

[CrashWire]

Double dip hurts the fund. This is good news for real investors like me.

I don't know about hurting the fund, but at 2% 7-day yield, I might as well just put in SC eSaver or BonusSaver and call it a day.

At least 2% + Mari Savings base interest was good enough to play.

 

[cheesey]

High risk high return, low risk low return, pretty simple, no rocket science on all these financial instruments.
Like me low risk profile hence all in mis and fd, nvr tempted by mii or other high returns fi.

 

[~sabaisabai~]

High risk high return, low risk low return, pretty simple, no rocket science on all these financial instruments.
Like me low risk profile hence all in mis and fd, nvr tempted by mii or other high returns fi.

What is mis?

 

[alanchia67]

What is mis?

mari invest saveplus

 

[~sabaisabai~]

Tmr another zero for Saveplus. This week is likely to be a 4X again.

You are right. Kosong again . Where did you see the data table?

 

[alanchia67]

You are right. Kosong again . Where did you see the data table?

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

 

[~sabaisabai~]

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

Thanks

 

[peppermint7]

17/9 price is $9.64
And my 10k become $9989.64.
Now i know $0.01 represent $10.36 for my case.

Expected payout on 30/9 is $53.06 for me. So for now the estimate interest rate is 5.124%pa. Hope the price holds.

 

[peppermint7]

Now i check back my records. On 16/7 i actually bought at $9.47
Too bad i only put in $100 back then..
@alanchia67 mind sharing your average cost?
I think I'm on mountain top looking at scenery. May need to buy along the way to average down if need be.

 

[alanchia67]

Now i check back my records. On 16/7 i actually bought at $9.47
Too bad i only put in $100 back then..
@alanchia67 mind sharing your average cost?
I think I'm on mountain top looking at scenery. May need to buy along the way to average down if need be.

My avg NAV is 9.45 (ignoring reinvest).

 

[peppermint7]

My avg NAV is 9.45 (ignoring reinvest).

Very good price did you select to reinvest or cash out the payouts?

 

[alanchia67]

Very good price did you select to reinvest or cash out the payouts?

I mentioned I reinvested.
If I include the reinvested, the avg NAV would be even lower (cause I treat the reinvested quantity at zero cost to me).

 

[peppermint7]

I mentioned I reinvested.

Sorry my English no good

 

[alanchia67]

Sorry my English no good

No no, may be I didnt make myself clear.

 

[peppermint7]

I guess this is a good place to hide some funds especially with interest rates going lower and lower. No doubt there's risk but got to trust the FM to drive it in the right direction.

 

[alanchia67]

Just did a recalculation, if I include my reinvested at zero cost the avg NAV comes out to 9.28.

 

[~sabaisabai~]

Just did a recalculation, if I include my reinvested at zero cost the avg NAV comes out to 9.28.

Wah good price