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
Fokona Latest Questions
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
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
Recommend for me the USA stocks that are good for long term investment
Please advise me. I’m considering two investment options but I’m a bit confused on which one is better. I want to start saving 20k monthly for about 10-15yrs for my child’s education. My confusion is that I don’t know which option ...Read more
Good afternoon sir, Sir, I am a little bit confused right now sir. In the coming days, I am expecting N700,000 and I want the money to work for me properly But,I don’t know how to structure the money to ...Read more
I want to start investing 20k every month for the next 15 or 20 years. I want something to retire on by the time I turn 50. I want to do this based on compounding interest because I won’t be ...Read more
Is it possible to become a billionaire within 20 years, if I invest 100k monthly on Money Market Mutual Fund and with a one-time Investment Capital of ₦5million Naira.
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