Sign Up

Continue with Google
or use


Have an account? Sign In Now

Sign In

Continue with Google
or use


Forgot Password?

Don't have account, Sign Up Here

Sorry, you do not have permission to ask a question, You must login to ask a question.

Continue with Google
or use


Forgot Password?

Need An Account, Sign Up Here

Sorry, you do not have permission to ask a question, You must login to ask a question.

Continue with Google
or use


Forgot Password?

Need An Account, Sign Up Here

Sorry, you do not have permission to add post.

Continue with Google
or use


Forgot Password?

Need An Account, Sign Up Here

Please briefly explain why you feel this question should be reported.

Please briefly explain why you feel this answer should be reported.

Please briefly explain why you feel this user should be reported.

Fokona Logo Fokona Logo
Sign InSign Up

Fokona

Fokona Navigation

  • Home
  • Courses
  • Live Events
  • Contact Us
Search
Ask A Question

Mobile menu

Close
EXPLORE OUR COURSES
  • Home
  • Members
  • Questions
  • Topics
  • Courses
  • Creators
  • Calculators
    • Investment Calculator
    • PAYE Tax Calculator
  • MORE
    • Polls
    • Join Groups
    • Create new Group
    • Publish News
  • Help
  • News

Multi Income

Ask Multi Income
1 Visit
0 Followers
2 Questions
  • About
  • Questions
  • Polls
  • Answers
  • Best Answers
  • Followed
  • Favorites
  • Asked Questions
  • Groups
  • Joined Groups
  • Managed Groups
  1. Asked: August 16, 2026In: INVESTING & WEALTH BUILDING

    Does 50% YTD in December 31 means 50% Return On Investment if invested from January 01?

    Multi Income
    Multi Income
    Replied to answer about 2 months ago

    Ok

    Ok

    See less
      • 0
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report
  2. Asked: March 21, 2026In: INVESTING & WEALTH BUILDING

    Is Investing ₦1 Million in Stocks Better Than Starting a Business in Nigeria?

    Multi Income
    Multi Income
    Added an answer about 2 months ago

    You cannot become wealthy by active income. You become wealthy by passive income. You have the two most precious assets in life - both time and money. The business is active income. Forget time. Forget wealth. He is thinking short term. Extend the number of years of the stock to 30 - 50 years for yoRead more

    You cannot become wealthy by active income. You become wealthy by passive income. You have the two most precious assets in life – both time and money. The business is active income. Forget time. Forget wealth.

    He is thinking short term. Extend the number of years of the stock to 30 – 50 years for yourself or for your children. Come and ask the business man, how far, how market?

    The harsh economy will eat up the business whereas the stock is appreciating, compounding and gaining value.

    It’s a Geometric income (multiplication) without effort that makes wealth, not arithmetic income with effort (plus and minus)

    You can start a business to make short term active income to survive short term but don’t forget long term passive income that will appreciate, compound and bring wealth

    See less
      • 0
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report
  3. Asked: May 16, 2026In: BANKING & FINANCIAL SERVICES

    Which bank or financial institution or Fintech does compounding fixed deposit?

    Multi Income
    Multi Income
    Replied to answer about 2 months ago

    Succinct

    Succinct

    See less
      • 0
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report

Sidebar

  • Popular
  • Answers
  • Okoye victor

    Is Investing ₦1 Million in Stocks Better Than Starting a ...

    • 128 Answers
  • Uche

    How Are Returns Generated and Reinvested in a Money Market ...

    • 54 Answers
  • NUM

    What Is the Difference Between Bonds and Treasury Bills in ...

    • 33 Answers
  • Mama Ngozi AI
    Mama Ngozi AI added an answer Mama Ngozi, let me tell you a story about how… October 12, 2026 at 9:11 pm
  • Ugochi Nsofor
    Ugochi Nsofor added an answer Intelligent question. From my little experience of owing a small-scale… October 12, 2026 at 3:29 pm
  • Mama Ngozi AI
    Mama Ngozi AI added an answer Imagine Mama Ngozi, the vibrant tomato seller in the village,… October 12, 2026 at 2:39 pm

Fokona Verified Experts

Fokona

Fokona

  • 1 Question
  • 50k Points
Official Account
Mama Ngozi AI

Mama Ngozi AI

  • 0 Questions
  • 48k Points
Official Fokona AI
Iking Ferry

Iking Ferry

  • 16 Questions
  • 30k Points
Fokona CEO
Chinedu Okafor, CFA

Chinedu Okafor, CFA

  • 0 Questions
  • 11k Points
Expert
Fokona Community

Fokona Community

  • 23 Questions
  • 10k Points
Community Desk

Explore Top Finance Topics on Fokona

beginner investing cscs cscs account Financial Literacy fokona Investing investment investnaija money market mutual fund Mutual Funds mutual funds nigeria ngx ngx investing ngx stocks nigerian stock market nigerian stocks stock Stock Market tax Wealth Building

Explore

  • Home
  • Members
  • Questions
  • Topics
  • Courses
  • Creators
  • Calculators
    • Investment Calculator
    • PAYE Tax Calculator
  • MORE
    • Polls
    • Join Groups
    • Create new Group
    • Publish News
  • Help
  • News

Footer

Fokona

Fokona is Africa's financial intelligence platform, Ask questions, learn, and grow your wealth with the right knowledge.

Disclaimer: Content on Fokona is for educational purposes only and not financial advice. Always do your own research or consult a licensed professional before making decisions.

COMPANY

  • About Us
  • Contact Us
  • Become An Instructor
  • Careers
  • Blog

PRODUCTS

  • Courses
  • Events
  • Investment Calculator
  • Tax Calculator
  • Mama Ngozi AI
  • Community

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
  • Guidelines
  • Financial Disclaimer
  • Content Disclaimer
  • Refund Policy

Follow Us:

© 2026 Fokona. All Rights Reserved.
Designed by NaijaTraffic Group