Keeping your cash in a bank account – and leaving it untouched – is it worth doing to your cash? Did you know that when you keep your money in a bank account, you get practically no return?
See below – a comparison between when you save in a bank account versus a Money Market fund – based on real data.
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Keeping your cash in a Money Market fund gives you a better rate of return compared to a bank account. Because Money Market funds are also almost as good as cash, they also have very low risk. You work hard for money, now let money work for you!
We would like to remind you that past performance is not a good indicator of future performance.
Good news for you Wahed offers you the opportunity to invest Money Market Fund with a return of 2.39% per annum.
Especially for Thecekodok readers, Wahed Invest will give you attractive incentives when you open a Wahed Invest account for the first time. If you successfully open an account, you need to enter a minimum deposit of RM100 into the account and you only need to enter the referral code "MOHISM487" to receive an additional reward of RM10 which will be credited to your account later.
Download the app https://app.wahedinvest.com/referral