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Multi Income

Asked: August 16, 2026In: INVESTING & WEALTH BUILDING

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

I saw 50% YTD Return in a SEC licensed Fund manager app. I wish to know if it means that if I invest N1m in January 01 and YTD is 50% by December 31 that it means I’ve made N500k ...Read more

Multi Income

Asked: May 16, 2026In: BANKING & FINANCIAL SERVICES

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

What are the rates? Which institution can last for 30 years? What other investment has compounding interest apart from fixed deposit?

Multi Income

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Chinedu Okafor, CFA

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