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
Fokona Latest Questions
Good day sir/ma please how best to invest 20m at the age of 31 for about 10-15years without touching
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
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