Video summary
The video introduces LongBridge as a brokerage platform designed to help investors maximize returns on idle cash through money market funds, offering significantly higher interest rates than traditional banks. The presenter explains that while bank savings accounts currently offer negligible returns of around 0.05%, LongBridge provides an annualized return of up to 8.1% for new users during a limited-time promotion. This high yield is achieved by combining two key strategies: first, depositing at least $4,000 into the account to unlock a promotional interest boost on that initial amount, and second, converting Singapore Dollars (SGD) into US Dollars (USD) within the platform's Cash Plus feature. Since USD money market funds currently offer approximately 3.89% annually compared to just 1.15% for SGD, holding cash in dollars further amplifies overall earnings without requiring active trading or complex strategies.
The process involves opening a new account via an exclusive link, which grants access to the full interest bonus package including up to $4,000 worth of enhanced returns over 365 days. After funding the account through methods like PayNow or internet banking, users must enable the Cash Plus function and convert their SGD balance into USD to capture the higher dollar-denominated rates. The platform is highlighted as safe because it is regulated by the Monetary Authority of Singapore (MAS) and features advanced AI-driven analytics tools that assist with investment decisions. A major advantage mentioned is the seamless integration between idle cash in money market funds and active trading; when users purchase ETFs or execute option trades, funds are automatically deducted from their money market balance without any fees during a short transition period, ensuring capital remains productive at all times.
For those who need to withdraw their funds later, such as converting USD back to SGD for bank withdrawal, the presenter outlines a straightforward procedure that involves opting out of the Cash Plus feature first before initiating the conversion and transfer process. This ensures compliance with platform rules while maintaining flexibility in managing liquidity needs. The video concludes by emphasizing urgency, noting that this promotional offer is available only until the end of the current month after which terms may change to apply bonuses on a smaller initial deposit amount like $2,000. Additionally, the presenter briefly mentions their broader investment philosophy involving CPF contributions and references an investing course bundle for those seeking structured guidance beyond just cash management strategies.
Read the full video transcript
Ever since I published this video about
how you can get 8.1% return on your idle
cash on Instagram, a lot of people have
been asking me how exactly can you do it
step by step? That's why I decided to
create this video and a detailed guide
through to help you to get your 8.1%
step by step. Hey everyone, Chloe here,
your Arigato investor teaching you
everything about money and investing
that school never taught you. Over the
last 1 to 2 years, interest rate have
been gradually coming down, and if
you're still putting your money in the
bank, you'll realize that you almost
earn nothing from your capital, which is
why I have very little money in my bank.
Instead, I fund majority of my portfolio
into a brokerage account to invest in
ETFs and options, and for the cash that
I'm not investing in, I will actually
put inside money market funds to make
sure that it work harder for me. And
recently, I found a brokerage account
that can help you to earn up to 8.1%
interest on your idle cash, which is
LongBridge. Now, let's dive straight
into how do you use LongBridge to get
your 8.1% interest boost. The first step
you need to do is after you click my
link, you'll realize that you'll be
directed to an account opening page
because this promo is only available to
the new users. Once you click on claim
now, you'll be directed to a page where
they ask you to key in your mobile phone
and your OTP password. This is my
affiliate code and I highly recommend
you to use my link because this is where
you can actually unlock all the bonuses,
including the 8% interest boost for your
first $4,000. Now, once you sign up,
they will be asking you to download your
LongBridge mobile app. And for me, as
you can see, it's already downloaded.
Now, what I need to do next is actually
open up LongBridge. And if you're
concerned about whether is it safe to
put your money inside, personally, I
have no problem putting my
million-dollar portfolio inside because
LongBridge is MAS regulated, it's very
established, very safe, and on top of
that, it's also the world's first AI
native broker with lots of amazing AI
functions that are not available in
other brokerage platform. All these AI
functions are actually institutional
grade analytics, so it will actually may
you to kickstart your investing journey
faster. But now let's get back to the
main gist, which is actually how to get
8% interest boost for your cash. The
first thing you need to do is make sure
after your account is open and approved,
make sure you click on the deposit
button, and depending on the currency
that you want to deposit in, for
example, you want to deposit Singdollar,
there are multiple ways for you to do
that, whether it's in PayNow or internet
bank transfer. And I would highly
recommend you to transfer at least
$4,000 so that you can maximize the
$4,000 interest boost return. Now, once
your money is transferred in, the second
thing I need to do is to ensure that you
convert your SGD into USD because this
will give you additional 3% boost. So,
where can you do the conversion? For
example, you just go to the cash area,
where right now I have over $50,000, and
as you can see, I have a little bit of
SGD, but majority of my cash balance is
actually in USD. And the reason why I
want to do that is because under Cash
Plus, which is actually the money market
funds that I was referring to, you can
see that these money market funds have
already gave me about $1,800 in terms of
return since I put my money and uh
transferred part of my asset into
LongBridge about 1 year ago. Yeah, it
has already made me $1,800, which is
more than enough to buy my next iPhone
if you want to. What you can see is over
here, there are two type of money market
funds. The first one is SGD money market
funds, which give you about 1.15%
uh return annually, and the second one
is actually 3.89% return for your USD
money market funds. That's why when you
convert your SGD into USD, you will
actually get additional bonus and
additional interest boost because USD's
uh interest rate is way higher as
compared to the Singdollar interest rate
right now. So, how do you enable this
function? Just make sure that the Cash
Plus function is enabled. And as you can
see right now, mine is already enabled.
If I really want to switch it off, I can
just opt out. And secondly, what I
personally like to do the most is
actually I will leave my idle cash
inside the money market funds because
when I need to buy certain things like
ETFs or when I want to do certain option
trades, the money will be deducted from
the money market fund automatically the
next day. And within this trans-
transition period, no interest will be
charged. So, I just need to make sure
that as long as I have money inside my
money market funds, then whatever trades
or whatever ETFs or stocks I want to
buy, I can buy them anytime I want. And
once again, this transition process is
super smooth. There won't be any fees
incurred, and that's why I really love
the convenience of it because I want to
make sure while waiting for the next
investing opportunities, my cash is
still working hard for me. And in this
case, my USD is at least giving me about
3.8% interest return right now per year,
while my SGD is giving me 1.15. So,
regardless which currency you deposit
in, it's actually much better than
putting your money in a bank because
your bank is only giving you like 0.05%
interest. But this itself, the SGD is
already giving you 1.15% without you
having to do anything like have to spend
certain amount of money in order to
unlock additional interest. No, you
don't need. It's basically just park
your money inside here. And one more
thing I want to highlight is it's
basically daily returns that Longbridge
is giving you because you can see over
here if I want to look at my total P&L.
As you can see, you can see every single
day I earn a little bit of interest.
Sometimes $9, sometimes $4.50,
sometimes like $1. The reason why is
because depending on how much money you
you have in and the funds will calculate
accordingly as well. So, when you have
more money, obviously they will give you
more daily interest. When you have less,
you earn less, but still you are getting
about like 3.8%. So, technically if you
think about it, the 5% interest boost is
already what Longbridge is giving you
for your first $4,000 for the next 365
days. And on top of that right now, you
get this additional 3.89%
boost when you convert your Sing to US
dollar. So, in total, actually, you are
getting about 8.8%, which is really,
really good. So, the question is, how do
you do the currency conversion inside
Longbridge? So, if you go back to your
cash tab, you can see that there's this
tab called conversion tab. So, all you
need to do is make sure that you convert
your uh for example, I'm converting Sing
dollar to USD, whichever amount that you
have, you can convert. If you transfer
$4,000 or $5,000 inside, then you just
convert um every single thing if you
want to. But, for now, I don't have the
Sing dollar because I already converted
basically pretty much everything, right?
And now, of course, very importantly is
you also want to make sure if in case
you want to withdraw your money from
Longbridge account uh and if you want to
convert the existing US dollar from your
money market funds back to Sing dollar
and withdraw out, so first thing you
need to make sure you have to opt out
first, okay? You have to make sure you
opt out if you want to withdraw, right?
So, you opt out first, and once it's
opted out, then it will take about 1 to
2 days to reach back to your Longbridge
account, which is your basically your
own brokerage account. And once it reach
back to your own brokerage account, then
your funds are ready for uh conversion.
Uh you can convert during that time from
USD back to your Sing dollar here, and
then once you convert, after that, you
can withdraw. And you can withdraw to
whichever account that is linked to
Longbridge. It takes about 1 to 3 days
back to your bank account, which is
actually very fast as well. That's it.
Just by following these few simple
steps, you can actually unlock your
8.over percent interest boost for your
idle cash with the help of Longbridge.
Do note that this promotion is only
available to end of this month, and
that's why I want to create this video
right now to highly encourage you to do
so right now. Because next month
onwards, I think Longbridge is going to
revert back to maybe only first $2,000.
So, if you want to make sure you grab
these additional interest boost bonus
during this period of time, make sure
you sign up now via my exclusive link in
the description box. On top of investing
my cash, I always make sure I invest my
CPF too. In fact, for the last 5 years,
my CPF return is more than 16%
year-on-year, which is way higher than
the 2.5% return that OA is giving you.
Not just me, my students have also
gotten more than 15% year-on-year return
following the exact framework that I
teach in my seven investing course
bundle. In this course bundle, I will
teach you the exact framework that I
personally use to invest my CPF. On top
of that, I will also teach you essay
investing, SRS investing, bank
investing, how to save on your tax, and
so much more. Each course is less than
$7, and if you are ready to get started
your investing journey with the proper
guidance, make sure to check out the
seven course bundle via the exclusive
link over here. In the meantime, happy
investing. I will see you in the next
video. Arigato.
>> [music]