I’m learning more about saving, investing and managing money, and I’d love to hear from people with more experience. What is one money lesson you wish you had learned earlier in life, and why?
Fokona Latest Questions
I’m earning 80,000 monthly how can I invest with this little amount
Why do people invest in Treasury Bills instead of leaving their money in a savings account?
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
In some of the answers I’ve got here, someone said that red or green colors shouldn’t be determinants for investing decisions nor using gainers or losers as determinants as investment decisions. My question is, apart from consulting brokers, what are ...Read more
I saved up some money which I intend to invest in MMMF, Stocks, and Bonds, but I don’t know what platforms are reliable. I need a single platform for all my investments. Any recommendations, please?
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?
I want to learn about safe ways to grow my savings over time. I’m looking for options that are easy for beginners to understand, including the possible risks, expected returns, and how much money someone can start with.
If i simply fund my wallet on my investment apps without investing in any MMM, will it get some interest at the end of every month as it is with commercial banks or will it just be dormant like a ...Read more
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