MARI invest

[wutawa]

MariInvest you can really lose a lot if the market turn. Eg July 2021 it was at 11.40
Oct 2023 it was at 9.28

Tell it to those who really hold long they'll see it in negative light. For those who bought at 11-ish. MariInvest is very much like stock market. Just that it issue out dividend monthly. Eg if you own DBS, it gives you dividends quarterly. But DBS goes up over time up to today. So if compare DBS to Mariinvest over the past years, DBS seems to perform better. I raise this up to help you see better why I think Mariinvest is very much like stock market.

dbs definitely has much higher yield than mii. just like there r many stocks that perform better than dbs.
those bought mii at $11.40 may be under big loss in 2023 but still profit now if consider the payouts. however, the $9.57 can be the next $11.40.

on the surface, 360 is capital and int guaranteed while mii isnt. if u look a bit deeper, it is actually reverse. hehe

although misp is more liquid than mii, and misp seems less risky. if u look a bit deeper, it is actually reverse.

 

[peppermint7]

Our chatgpt says this.

The PIMCO Income Fund (whether in USD, SGD-hedged, or other share classes) is not a stock, but a bond/income-focused mutual fund. Its price (NAV) works very differently from equities.

Why it’s unlikely to go back to $11 easily

Bond yields and NAVs move inversely: When interest rates were very low (pre-2022), bond prices were high, and the fund’s NAV hovered around $11. As rates shot up, bond prices fell, and so did the fund’s NAV.

For the NAV to climb back to $11, we’d need a huge fall in interest rates globally — to levels similar to, or lower than, the 2020–2021 period. That scenario looks less likely unless there’s a severe recession or crisis.

Why it probably won’t “go to $1”

The fund is diversified across global fixed income, with active management by PIMCO.

It pays steady monthly distributions (which is the main appeal — income, not capital growth).

NAV erosion can happen gradually if distributions consistently exceed income (a “return of capital”), or if credit/default losses hit the portfolio. But a collapse toward $1 would imply catastrophic losses across hundreds of bonds — very unlikely unless PIMCO itself implodes.

What’s more realistic

The NAV may stay in a range around today’s levels (say $7–$9, depending on rates).

Investors generally hold this fund for the monthly income stream, not for NAV appreciation.

If rates are cut, NAV might recover some ground, but a full return to $11 would require extraordinary rate conditions.

Think of it this way:

Stocks → held for growth.

This fund → held for income + some stability, not for big price upside.

@wutawa remember this? I was also wondering for the possibility for it to go back to $11+ back then.

 

[wutawa]

@wutawa remember this? I was also wondering for the possibility for it to go back to $11+ back then.

I don't really rem. I always expect Mii to keep going down with current payout rate, even if interest rate drops to 0%.
of course, it is not wrong to hope it rises to $9.80.

 

[peppermint7]

I don't really rem. I always expect Mii to keep going down with current payout rate.

Thus my question if it will go to 0 luckily Chat GPT says probably won't.

 

[wutawa]

Thus my question if it will go to 0 luckily Chat GPT says probably won't.

let me ask chatgpt on this. I believe it becomes smarter than last time.
assuming compound decay 2% p.a.
$9.57 × (0.98)^50 ≈ $3.48
no, it won't go to $0 after 50 years

 

[peppermint7]

let me ask chatgpt on this. I believe it has become more clever than last time.

Who say, I ask this weekend 4D open what still never answer me

Ps. I don't gamble. Just kidding.

 

[peppermint7]

let me ask chatgpt on this. I believe it becomes smarter than last time.
assuming compound decay 2% p.a.
$9.57 × (0.98)^50 ≈ $3.48

Like this where got hope to go back $11?

 

[wutawa]

Like this where got hope to go back $11?

this is where I disagree with chatgpt:

For the NAV to climb back to $11, we’d need a huge fall in interest rates globally — to levels similar to, or lower than, the 2020–2021 period. That scenario looks less likely unless there’s a severe recession or crisis.

I believe severe recession or crisis will make the nav to drop more. severe inflation (i.e. $1 becomes $2) may boost the price.

 

[itchying]

let me ask chatgpt on this. I believe it becomes smarter than last time.
assuming compound decay 2% p.a.
$9.57 × (0.98)^50 ≈ $3.48
no, it won't go to $0 after 50 years

Is paid version chatgpt better in answering and advicing investment?

 

[ohj81]

Must read PIMCO Income Fund goals to understand why it is not a growth focus fund... It aims to provide a constant monthly payout.

 

[alanchia67]

Is paid version chatgpt better in answering and advicing investment?

I tried gemini (free), copilot (free), plexity pro. Each has certain bias when it comes to my retirement planning. All going towards different paths. Anyway, in the end I sticked to Perplexity Pro.

 

[wutawa]

24 dec nav $9.59
cut off 29 dec 3pm

 

[pratik28]

the SIF app jin jialat, download liao, keep getting policy violation, cannot even open, samsung s series phone cant use?

Makesure your keyboard is default Samsung keyboard or Google , Microsoft keyboards.
Many other random keyboards will be security risk , violation

 

[jinsatkilife]

Makesure your keyboard is default Samsung keyboard or Google , Microsoft keyboards.
Many other random keyboards will be security risk , violation

I give up, such a lousy app, I even read review sometimes will randomly block your access once android update

Unreliable app, better not risk for meagre 0.1% interest

Can tell they don't invest in their IT

I have no problems accessing other bank app, all high quality, this one is the most jialat app I ever seen for a bank

 

[wutawa]

	Mari Invest Income	FSM	Endowus	IBKR
Platform fee	free	0.05% per quarter (non-diamond)	0.3%	free
Trading fee	free	free	free	eur 4.95
Annual management fee - PIMCO	1.05% admin	1.05% admin	0.55% institutional	0.55% institutional
Min trade	$1	$1k	$1k initial, $100 after	?
Transaction time	~2 days	buy 3 days / sell 4 days	3~5 days	2~3 days
Cash Dividend	payout/reinvest	payout/reinvest	payout/reinvest	payout
SRS	no	yes	yes	no

merry xmas to mari investors.
just curious if any of u r investing pimco gis income fund in other platforms? can help share your views and observations so that we can compare against mari.

 

[danedane79]

What is misp interest for tmr?

 

[pratik28]

I give up, such a lousy app, I even read review sometimes will randomly block your access once android update

Unreliable app, better not risk for meagre 0.1% interest

Can tell they don't invest in their IT

I have no problems accessing other bank app, all high quality, this one is the most jialat app I ever seen for a bank

Ok lor , to each their own. I also use it as last resort.
Ya app is very basic , more like a web mobile version rather than a app.

The difference is 0.1% for now as GXS giving 1.18% vs SIF Gosaver 1.3%
but its still a good backup for fuss free rates , when GXS drops further or SC esaver , Maybank isavvy also can.

Probably as SIF is a financial services company rather than a traditional bank , last time mostly rely on over the counter transactions. Still got such other companies , even banks who r less established online and rely on OTC.

 

[peppermint7]

merry xmas to mari investors.
just curious if any of u r investing pimco gis income fund in other platforms? can help share your views and observations so that we can compare against mari.

Eh I remember the previous discussion someone mention endowus is cheaper how come your list seems to show mari is cheaper

 

[wutawa]

Eh I remember the previous discussion someone mention endowus is cheaper how come your list seems to show mari is cheaper

no idea, maybe my table is wrong. i dont have endowus to test.

 

[itchying]

no idea, maybe my table is wrong. i dont have endowus to test.

Ask yr chatgpt?