Example Scenario 1: My initial investment is 50,000, monthly contribution is 50,000 and 2 months later i contributed 500,000 Scenario 2. My initial investment 500,000 and monthly contributions is 50,000. In both scenario, both at 20 year period and at 15%. ...Read more
Fokona Latest Questions
Are Nigerian ETF’s a good place to invest for the long term? Giving the situation of the economy. If yes please give recommendations
Good day, I would appreciate some clarification regarding investments in Money Market Mutual Funds. Assuming I invest in a Money Market Mutual Fund for a period of 3 to 10 years and receive dividends either quarterly or annually, how are those dividends ...Read more
I have 500k at bank, between land and MMF what do you think I can invest on with long term investment
Want to invest in compound interest platform, which applications did you suggest for to use
I want to buy my first shares and I am looking at what I will buy and keep for a very long time to grow wealth quitely without hurrying. As a beginner with zero knowledge I would love to know how ...Read more
If a company has never paid dividends and it is not also making profits and then you study the share price movement for the past three years and it’s a snail movement. Now beside these three key factor indicators is ...Read more
I want to invest in equity funds but I haven’t gotten a detailed explanation on how it works. And I have with Holden that investment for a very long time. Please I need help.
Most people focus on increasing income, but many high earners still never build lasting wealth. For those who have built meaningful wealth or studied people who have: What do you believe actually creates durable, long-term wealth? Is it primarily: • Ownership (equity/businesses/real estate)?Read more
Which investment platform good for compound interest for my salary with initial deposit of #400000 and #20000 monthly for the next 10years