tag:blogger.com,1999:blog-37872616.post6527370920375772375..comments2024-03-29T05:45:54.272+08:00Comments on BULLy the BEAR: POEMS Money Market Funds (MMF)la papillionhttp://www.blogger.com/profile/01372278083694506953noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-37872616.post-4345956599090816352010-09-15T12:56:49.769+08:002010-09-15T12:56:49.769+08:00I was very pleased to find this site.I wanted to t...I was very pleased to find this site.I wanted to thank you for this great read!! I definitely enjoying every little bit of it and I have you bookmarked to check out new stuff you post.<br /><br /><br /><a href="http://moneyinvestments.info/" rel="nofollow">moneyinvestments</a>Benitanoreply@blogger.comtag:blogger.com,1999:blog-37872616.post-19745260132414766072010-09-02T12:28:22.796+08:002010-09-02T12:28:22.796+08:00Hi sophia,
Thanks. Do take note that the most rec...Hi sophia,<br /><br />Thanks. Do take note that the most recent aug figures for the same poems mmf now stands at a very low 0.026%, annualized to be around 0.3% pa. <br /><br />Quite pathetic.la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-86467339451780907272010-09-02T12:02:17.035+08:002010-09-02T12:02:17.035+08:00I have been meaning to write something like this o...I have been meaning to write something like this on one of my blogs and this has given me an excellent information about money market funds. Cheers.<br /><br /><br /><br /><a href="http://proprietary-trading.com/" rel="nofollow">ideas</a>Unknownhttps://www.blogger.com/profile/04845742046440101000noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-85350359258993426502008-01-03T22:22:00.000+08:002008-01-03T22:22:00.000+08:00Hi LP,I'm fine with that, because once my e$aver r...Hi LP,<BR/><BR/>I'm fine with that, because once my e$aver reach a certain amount, I will park the rest into a high yielding instrument like POEMS MMF.<BR/><BR/>Sorry that I didn't make myself clear, but I separate my Savings and Emergency fund. Emergency fund is park in my e$aver.<BR/><BR/>Cheers!Derekhttps://www.blogger.com/profile/07209385199877338530noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-63646585668475093042008-01-03T21:47:00.000+08:002008-01-03T21:47:00.000+08:00Hi derek,A bit on the low side...For the safety, i...Hi derek,<BR/><BR/>A bit on the low side...For the safety, is it worth it?<BR/><BR/>A 0.8% difference means for every $1000, you'll lose out on $8 per annum (haven't even compound yet) Could be substantial for the relative safety. Nothing wrong lah, just make sure don't put too much in it. Treat it like a place to hold cash loh, hahala papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-30522224260585547482008-01-03T21:18:00.000+08:002008-01-03T21:18:00.000+08:00Hi LP,e$aver is a savings account offered by Stand...Hi LP,<BR/><BR/>e$aver is a savings account offered by Standard Chartered. It has been around for quite sometime now. It's a simple no frills account with no ATM card or passbook. Everything is done via internet banking.<BR/><BR/>When it was first launch, their interest rate was 1.88% and over 2% for X sum of money and above. Can't remember the exact number. <BR/><BR/>Currently, the interest rate for e$aver stands at 1.2% for $50K and less. You can check it at their website. Another perk is that there is no minimum amount or balance required.<BR/><BR/>Cheers<BR/>DerekDerekhttps://www.blogger.com/profile/07209385199877338530noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-69870861536633420122008-01-03T21:05:00.000+08:002008-01-03T21:05:00.000+08:00Hi derek,Yup, I know what you're talking about. In...Hi derek,<BR/><BR/>Yup, I know what you're talking about. In case POEMS is bankrupt, all my money put in will be gone too, as it's not protected unlike banks. <BR/><BR/>I don't intend to even put it there for long periods...just my transitionary location to hold my excess cash (less than 1 yr) without going into investment.<BR/><BR/>Thks for the knowledge...never heard of E$saver before...i'll look more into it. Care to share how much interest they give?la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-45053296022983630932008-01-03T20:40:00.000+08:002008-01-03T20:40:00.000+08:00Hi LP,I'm using Phillips MMF to park my excess inv...Hi LP,<BR/><BR/>I'm using Phillips MMF to park my excess investment funds. However, I'm not using it as my savings account because unlike the banks, Phillips MMF does not have the Depository Insurance Scheme. <BR/><BR/>I park my savings in E$aver where I'm protected to up to $20K. Of course, the trade off is a slightly lower interest rate.<BR/><BR/>Cheers<BR/>DerekDerekhttps://www.blogger.com/profile/07209385199877338530noreply@blogger.com