Moomoo cash plus

royalmix

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then if i want to activate promo for 60 days while i already have 80k existing funds, i need to top up another 50k which bring total subscription to 130k. Out of total 130k, only 80k enjoy 5.8% rewards? then EIR might be less than 5%.
Yes, timing must be right, your timing is wrong unfortunately, so need 130k to activate 60 days, so calculate your own EIR to see if it is worth.
 

WoShiPro

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Just received the 5.8% interest. Redeemed yesterday and requested withdrawal ard 12pm. Still yet to receive the balance in bank.
 

royalmix

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Just received the 5.8% interest. Redeemed yesterday and requested withdrawal ard 12pm. Still yet to receive the balance in bank.
Congrats! Normally withdraw into bank takes about 5min for me, if stuck something is wrong, either moomoo dun allow or something else. What I do is cancel and resubmit
 

kaya123

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Wah, website put 23/1/2024 but app put 3/1/2024, now banner disappear from my app! Luckily did not follow website date!

yea, the banner gone from my app too. i called moomoo customer service yesterday and she confirmed that the promo is extended to 23 jan though. but lucky i transferred my funds yesterday too.
 

royalmix

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yea, the banner gone from my app too. i called moomoo customer service yesterday and she confirmed that the promo is extended to 23 jan though. but lucky i transferred my funds yesterday too.
ok thanks, maybe they forget to update banner expiry date (3/1/2024) so it disappeared.

I dump before 31 Jan to double dip! haha
 

ekardo

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Jan10 got -ve!! was there a huge drop in the stock market ?

anyone else also -ve revenue on 10 Jan?
 

yslvlys

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Jan10 got -ve!! was there a huge drop in the stock market ?

anyone else also -ve revenue on 10 Jan?
Are u talking about Fullerton SGD Liquidity Fund? Yes, it's negative. But Fullerton SGD fund has always been positive.
 
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Sorry ah, side track a bit, does anyone here actually go and complete the 3 and 8 cumulative buy trades to receive the stock reward bundles?
 

ekardo

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Are u talking about Fullerton SGD Liquidity Fund? Yes, it's negative. But Fullerton SGD fund has always been positive.
Yes. Liquidity fund. Why would the performance have such big differences?
 

yslvlys

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Yes. Liquidity fund. Why would the performance have such big differences?
Not sure. There is supposed to be daily returns posted even if it's zero. Today there is no posting in Liquidity but got posting in SGD fund.. Hmm.. I put 8ksgd inside to test, but most other funds are in Fullerton SGD funds.
 

ekardo

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Not sure. There is supposed to be daily returns posted even if it's zero. Today there is no posting in Liquidity but got posting in SGD fund.. Hmm.. I put 8ksgd inside to test, but most other funds are in Fullerton SGD funds.
Interestingly, today’s posting is double. So it compensate back the -ve for Jan 10.

Even without 5.8% guarantee, the return is quite good.
 

revhappy

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Interestingly, today’s posting is double. So it compensate back the -ve for Jan 10.

Even without 5.8% guarantee, the return is quite good.
Yeah, it seems pretty good return. I am currently 30 days into the 60 day 5.8% promo yield. I guess I will just continue with Moomoo. I beleive they relaunch this kind of promo from time to time and existing investors are also eligible. So Instead of jumping from one account to another, I guess I will just continue with them. I have about 65K invested in the Fullerton SGD cash fund.
 

ekardo

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ya..was thinking if no better place to park, I will continue to park in moomoo even without promo..

is cash fund is performing better than liquidity fund ?
 

Nofear40

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Yeah, it seems pretty good return. I am currently 30 days into the 60 day 5.8% promo yield. I guess I will just continue with Moomoo. I beleive they relaunch this kind of promo from time to time and existing investors are also eligible. So Instead of jumping from one account to another, I guess I will just continue with them. I have about 65K invested in the Fullerton SGD cash fund.
What happen after the promotion? Seems that you can choose to sell or keep?
 

revhappy

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What happen after the promotion? Seems that you can choose to sell or keep?
Yes. And these promotions don't exclude existing funds, like banks who insist on new money, so you have to jump from one bank to another. So I think I will just keep and I am sure there will be promotions from time to time.
 

CrashWire

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ya..was thinking if no better place to park, I will continue to park in moomoo even without promo..

is cash fund is performing better than liquidity fund ?
I moved my excess funds to Wise. Their net yield seems to be higher because they haven't started charging the fee yet.
 
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