Serious Money Market Funds and Other Alternatives to Bank Deposits

[Asterix]

Looking for alternatives to putting money into savings accounts with pathetically low yields that can't even cover one quarter of the annual rate of inflation.

Amount available is above SGD 100,000 but below SGD 2 million. Security of principal, being able to withdraw funds at any time (say to invest in stocks when market conditions turn favourable) and higher yield than pathetic savings account) are the primary goals.

Any recommendations and suggestions?

 

[kryonlight]

Go run brothels. That's how Donald Trump's grandfather made his fortune.

 

[Huat-Ah]

Looking for alternatives to putting money into savings accounts with pathetically low yields that can't even cover one quarter of the annual rate of inflation.

Amount available is above SGD 100,000 but below SGD 2 million. Security of principal, being able to withdraw funds at any time (say to invest in stocks when market conditions turn favourable) and higher yield than pathetic savings account) are the primary goals.

Any recommendations and suggestions?

Walk into casino either play Roulette or ?

 

[Asterix]

This is a thread about financial instruments such as money market funds which can be regarded as equivalent to savings account deposits but provide higher yield. Joker "suggestions" like brothels and casinoes are not welcome.

Security of principal, being able to withdraw funds at any time (say to invest in stocks when market conditions turn favourable) and higher yield than pathetic savings account are the primary goals.

 

[Asterix]

Go run brothels. That's how Donald Trump's grandfather made his fortune.

Too much trouble and not low risk.

 

[Asterix]

Walk into casino either play Roulette or ?

Hello, u don't know how to read izzit? Low risk and yield better than savings account are the key requirements. Go casino is high risk. Even a monkey will know that.

 

[syed putra]

Dump it in shares/ unit trust in countries where currency that has devalued i.e. emerging economies with very little foreign debt. You get currency plus share appreciation during better times.

 

[Insider Player]

Bank of China offering 4% for fixed deposit.
But in RMB

 

[Asterix]

Dump it in shares/ unit trust in countries where currency that has devalued i.e. emerging economies with very little foreign debt. You get currency plus share appreciation during better times.

I will allocate something like this - 50% stocks, 30% bonds and 20% cash.

Your suggestion can consider for the part allocated to stocks. Bonds can buy ETFs. What to do with the cash part other than savings accounts paying next to zero? Money market funds? Which funds and how to buy?

 

[garlic]

Buy bitcoin, buy the dip.. and now the dip is DEEP. DYODD!

 

[Asterix]

Bank of China offering 4% for fixed deposit.
But in RMB

Around CNY time, Bank of East Asia offer around 4.5% for RMB - minimum 9 months fixed deposit. Lucky I never take it up. Within 2 months of offer being made, RMB dropped 6% versus USD!!!

 

[Asterix]

Buy bitcoin, buy the dip.. and now the dip is DEEP. DYODD!

Never catch a falling knife. Bitcoin will fall further. North Korean hackers might steal your bitcoins.

This thread is about cash equivalents that are as safe and liquid as cash but pay higher yields than Sinkie banks' near ZERO interest while inflation is running at 2% per annum which is tantamount to government sanctioned daylight robbery.

 

[Asterix]

From SCMP article:

"
For the first time since the financial crisis, the yield on 3-month US Treasury bills – risk-free and ultra-liquid securities that are the markets’ closest proxy for hard cash – has risen above most of the main gauges of inflation. Since the start of this year, the yield has shot up 100 basis points to just below 2.4 per cent, its highest level since January 2008 and above America’s core inflation rate and the Federal Reserve’s own preferred measure of inflation."

Any ETFs that can mirror the yield of 3 month treasury bills, pay dividends frequently and is liquid?

 

[Huat-Ah]

Hello, u don't know how to read izzit? Low risk and yield better than savings account are the key requirements. Go casino is high risk. Even a monkey will know that.

Hello, you don't know what is rubbish post ? By replying my post it shows that your mindset is more stupid than a monkey. lol Unless you wish to become a PRO in Retarded Moron....hahaha

Invest Financial Market ? Talk is easy. I hope NOT you come here later crying like a baby. Play Indexes and Forex if you got Balls

 

[Asterix]

Hello, you don't know what is rubbish post ? By replying my post it shows that your mindset is more stupid than a monkey. lol Unless you wish to become a PRO in Retarded Moron....hahaha

Invest Financial Market ? Talk is easy. I hope NOT you come here later crying like a baby. Play Indexes and Forex if you got Balls

Hello monkey ah pek! So you admit you made a rubbish post.

My post is a not "reply" you FUCKING GOONDU MONKEY! It is a message to all the monkey forummers like you to FUCK OFF from this thread.

You can take your old and wrinkled balls and shaft it up your MONKEY ASS.

 

[Asterix]

Just a more thorough search on Google led me to the instruments which I am looking for to park my cash and earn better returns than savings deposit yet equally safe and liquid.

No need to disclose here, as this forum is full of useless uneducated MONKEY Sinkies like FUCK-Ah ....... oops I mean POK-ah ...... or is HUAT-Ah ........ cannot expect anything other than rubbish to come out of the mouths or keyboards of these useless Hokkien Pengs

 

[winnipegjets]

If you want readily access to your funds, then you will have to accept pathetic returns. Anyone telling you otherwise is stringing you and you will lose it all if you believe him.

 

[Asterix]

If you want readily access to your funds, then you will have to accept pathetic returns. Anyone telling you otherwise is stringing you and you will lose it all if you believe him.

Yes, i accept pathetic returns - like 2.4% on 3 month Treasury Bills. If one has $2 million to play with and allocate $1 million to stocks and $1 million to an ETF that mimics the return on 3 month Treasury bills, then he will have an ultra safe income of USD 2,000 per month on one part of his portfolio while risking only the other half to earn better but more volatile returns. Question therefore is - is there such an ETF?

 

[rushifa666]

Slow money is for faggots, and now its shit money in this climate

 

[Huat-Ah]

Hello monkey ah pek! So you admit you made a rubbish post.

My post is a not "reply" you FUCKING GOONDU MONKEY! It is a message to all the monkey forummers like you to FUCK OFF from this thread.

You can take your old and wrinkled balls and shaft it up your MONKEY ASS.

Oi shut the fuxk up and be a good boy and play your PUNY PENIS lah. Talk so much shit in invest while you don't even have the basic knowledge on trading.
Don't act like HERO. You are just another COWARD KEYBOARD WARRIOR.

USELESS for nothing....lol

Pity your parents giving birth YOU.....