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
Fokona Latest Questions
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
Are Nigerian ETF’s a good place to invest for the long term? Giving the situation of the economy. If yes please give recommendations
I have 500k at bank, between land and MMF what do you think I can invest on with long term investment