With tuition, living expenses, transportation, and other financial responsibilities competing for your limited income, investing can seem like something you should only consider after graduation. But does building wealth really require a high income? What investment strategies can a student ...Read more
Fokona Latest Questions
How exactly does indexation work, and why can it become particularly important for someone holding a mutual fund investment for many years? What difference can it make to an investor’s overall returns and tax liability
My two brothers and I want to build a 10-year savings and investment plan by contributing money every month. We want to go beyond ordinary savings by protecting our money from inflation while growing it through investments and compound returns. We need ...Read more
I’m managing my finances these days and I’m confused about one thing: Should I build an emergency fund first, or start investing small amounts from day one?
What indicators can help me determine whether an investment is becoming too expensive?
Why do people invest in Treasury Bills instead of leaving their money in a savings account?
I’m trying to buy shares but the system kept saying NO TRADING ACCOUNT NUMBER, how can i rectify and solve this issue?
This question may sound like my previous question but it is actually different in details. If you were starting from exactly where I am today—with very little money, an irregular income, no knowledge or experience in investing, and a strong ...Read more
Many people are eager to start investing, but the early stage can also be the most dangerous due to inexperience and misinformation. From your experience or observation, what are the most common mistakes beginners make in their first year of ...Read more
I have some #250,000 to invest. I want to know if investing it in the Dangote IPO would be a wise option, if yes, how can I go about that?