moomoo Money Plus Review
By Prudent Dreamer  •  March 18, 2022
If you’re a moomoo user, you might have noticed the new “Money Plus” tab inside their trading app. I decided to try it out and subscribe to a fund to see if it’s something that fit my risk appetite. In this review, I’ll share about what moomoo Money Plus is, how it works, how to navigate the platform, as well as my own thoughts about what I like and what I feel can be further improved on. What is Money Plus? Money Plus is a wealth management service that offers users the ability to subscribe (aka purchase) funds directly via moomoo app. A Fund is a pool of money from many investors that is managed by professional fund managers. The fund managers will charge management fee which is deducted from the fund assets directly. What’s the benefit of investing in Funds instead of individual stocks? 1. Diversification One of the...
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By Prudent Dreamer
Hi, welcome to Prudent Dreamer. I’m a thirty-something working professional living in Singapore.

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