MARI invest

ekardo

ekardo

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Well. I thot Mari invest very straight forward 3.x %. No condition. No limit (almost)

How can compare with uob or others that is time limited and lotsa condition to fulfill?
 
Jirachi

Jirachi

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wutawa said:
I prefer mari invest over esaver because daily return update more shiok.
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geographic said:
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.
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And includes daily compounding?
wutawa said:
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.
LiquidityMariFDSSBTBill
YieldMariTBillFDSSB
StabilitySSBTBillFDMari
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Yeah, all these liquidity sucks. In fact, I would love to get 10-year bond instead of SSB. Once the rates drop, I can sell it in the open market. But our 10-year bond is SSB sadly. Illiquid.
 
L

LexusIS

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wutawa said:
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.
LiquidityMariFDSSBTBill
YieldMariTBillFDSSB
StabilitySSBTBillFDMari
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For a long term investment capital guarantee asset, SSB ranks highly for me in all 3 categories
- Yield (locked in for 10 years - i have currently locked in at 3.2 to 3.4% pa)
- Liquidity (ability to withdraw at start of the month with no penalty)
- Stability (SG govt backing - Capital Guaranteed)
 
JivBunny

JivBunny

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It will get lower and lower.

same thing for all the interest rates in banks.
I expect Mari bank interest to drop from 1 Jan onwards
 
S

sp0inK

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Now is a not a bad time to look into other funds with guaranteed yield if you are still looking to put funds in MMF. I moved over to tiger for 6.8% promo two months. Only downside is the bonus yield top up will be received in USD
 
ekardo

ekardo

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sp0inK said:
Now is a not a bad time to look into other funds with guaranteed yield if you are still looking to put funds in MMF. I moved over to tiger for 6.8% promo two months. Only downside is the bonus yield top up will be received in USD
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Seems so but short term and with "down time"...if only they have 6 months.
 
Krabs.

Krabs.

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jump ship to GXS boost pocket 3.28% 3 months if this doesn't improve by next week ?
 
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