Your confusion is valid — and you’re actually asking the right question most beginners miss: “Where should I access the same money market fund — through a broker/fintech or directly?” Let me break it down clearly, based on how things actually work in Nigeria. 🔍 First: Understand what you are reallyRead more
Your confusion is valid — and you’re actually asking the right question most beginners miss: “Where should I access the same money market fund — through a broker/fintech or directly?”
Let me break it down clearly, based on how things actually work in Nigeria.
🔍 First: Understand what you are really buying
Whether you use:
PiggyVest
Afrinvest
Or a bank/asset manager app (like Stanbic, ARM, etc.)
👉 You are still investing in the SAME type of asset:
Money Market Mutual Fund (T-bills, commercial paper, deposits, etc.)
These funds currently return roughly:
~18% – 24% per annum in Nigeria (2025–2026 environment)
So the difference is not the investment itself — it’s the access channel (platform).
⚖️ Broker/Fintech vs Direct Investment (Real Comparison)
Factor
Broker / Fintech (PiggyVest, etc.)
Direct (Afrinvest, Stanbic, ARM apps)
Fees
Usually no visible fee (already deducted)
~1%–1.5% management fee (built-in)
Entry amount
Very low (₦5k+)
Low (₦1k–₦5k depending on fund
Returns visibility
Fixed/estimated before investing
Market-based (fluctuates daily)
Control
Limited (you don’t pick fund details)
Full control (you choose exact fund)
Transparency
Lower (you trust platform)
Higher (you see fund reports, NAV)
Liquidity
Sometimes locked (depends on product)
Usually withdraw in 1–2 days
Consistency
Not always consistent (offers come & go
Continuous investment access
⚠️ Important misconception (about “2.5% broker fee”)
That 2.5% you heard is NOT typical for money market funds in Nigeria.
Money market funds usually:
Do NOT charge upfront entry fees
Charge management fees internally (≈1%–1.5%)
Even when using brokers:
Fees are already priced into the return
You don’t see a direct deduction
👉 So:
If someone is charging you 2.5% upfront, be cautious — that’s not standard for money market funds.
🧠 The REAL difference (this is what matters)
1. Fintech apps (PiggyVest-style)
Think of them as:
“Convenience layer”
Pros:
Easy to use
Beginner-friendly
No technical knowledge needed
Returns shown upfront
Cons:
Less control
Sometimes inconsistent investment availability
You don’t know the exact underlying fund
2. Direct asset manager apps (Afrinvest, Stanbic, ARM)
Think of them as:
“Professional investing”
Example:
Afrinvest Plutus Fund
Low risk
~14–15%+ historical return
Pros:
Transparent
Stable and continuous
Better for long-term structure
You can track performance properly
Cons:
Slightly less “fancy”
Requires understanding basics
🎯 My recommendation (based on your situation)
You said:
You earn modest income
You want to learn investing deeply
You want short-term securities
👉 So here’s the straight answer:
✅ Best approach (not either/or — combine both)
Step 1: Start with Direct Fund (Core)
Use:
Afrinvest / ARM / Stanbic
Why:
You learn real investing
You build a structured portfolio
You understand returns properly
Step 2: Add PiggyVest (Optional layer)
Use it for:
Short-term opportunities
Discipline (saving + locking)
🔥 If I must choose ONE for you:
👉 I would recommend:
Direct asset manager (Afrinvest / ARM / Stanbic)
Because:
You’re already thinking like an investor (not just saver)
You want depth + structure, not just convenience
⚡ Simple rule to remember
Want ease → PiggyVest
Want real investing + control → Direct fund
Want best result → Use both strategically
Let’s break this down properly so you don’t overestimate the returns. You mentioned a 17.85% yield on a money market fund via Chapel Hill Denham (InvestNaija). That 17.85% is annual (per year), not monthly. Step 1: Convert annual yield to monthly To estimate monthly return: Step 2: Monthly gain on ₦Read more
Let’s break this down properly so you don’t overestimate the returns.
You mentioned a 17.85% yield on a money market fund via Chapel Hill Denham (InvestNaija). That 17.85% is annual (per year), not monthly.
Step 1: Convert annual yield to monthly
To estimate monthly return:
Step 2: Monthly gain on ₦10,000
So:
Monthly profit ≈ ₦140 – ₦160
It can fluctuate slightly depending on daily rates and fund performance.
Step 3: Important reality (most people miss this)
Money market funds don’t pay a fixed interest like a bank:
The 17.85% is a target/annualized yield, not guaranteed
Returns are calculated daily and credited periodically
Your actual monthly gain can vary slightly
Step 4: If you invest ₦10,000 every month (compounding effect)
Now this is where it gets interesting. Each month:
You add ₦10,000
You earn interest on both old + new money
So your earnings will grow like this (approx):
Month 1 → ~₦149
Month 2 → ~₦300+
Month 6 → ~₦900+
Month 12 → ~₦2,000+ monthly earning potential
To visualize the compounding structure:
Where:
� = final amount
� = total invested
� = annual rate (17.85%)
� = compounding frequency
� = time
Straight answer
₦10,000 investment → about ₦150/month initially
But with consistent monthly investing, your income scales upward over time
To be precise: you don’t “set” compounding manually in a Stanbic IBTC Asset Management money market fund the way you would in a fixed deposit. Compounding is already built into how the fund works. Your job is simply to structure your investment so it actually compounds. Let me break it down clearly.Read more
To be precise: you don’t “set” compounding manually in a Stanbic IBTC Asset Management money market fund the way you would in a fixed deposit.
Compounding is already built into how the fund works. Your job is simply to structure your investment so it actually compounds.
Let me break it down clearly.
🔹 How compounding works in Stanbic IBTC Money Market Fund
The fund invests your money in Treasury Bills, commercial papers, deposits, etc.
These instruments generate interest daily
The fund adds (reinvests) that interest back into your investment value (NAV)
Over time, you earn interest on your interest
👉 That is compounding.
Also note:
Returns are not fixed — they depend on market interest rates
Income is typically distributed or reflected periodically (often quarterly)
🔹 The key truth (many people miss this)
You don’t activate compounding with a button.
You enable it by behavior:
✅ Leave your returns inside the fund
❌ Don’t withdraw frequently
🔹 How to SET UP compounding properly (practical steps)
1. Choose “Growth / Reinvestment” style
When investing (via app or form):
Ensure your fund option is NOT dividend payout
Choose:
Growth option (if available), OR
Automatic reinvestment
👉 This ensures earnings stay inside and compound
2. Don’t withdraw your earnings
If you withdraw:
You break the compounding cycle
Your “interest on interest” stops
👉 Leave the money untouched as long as possible
3. Add money regularly (this boosts compounding)
Instead of one-time investment:
Add funds monthly or weekly
This is called contribution compounding
Example:
₦100k grows
You add ₦20k monthly
Now compounding works on a larger base
4. Respect the holding period
Minimum holding: about 30 days
Early withdrawal penalty affects your earnings
👉 Stay longer = better compounding effect
5. Use their digital platform
You can manage everything through:
Stanbic IBTC app / web portal
You can:
Reinvest easily
Track daily growth
Add funds anytime
🔹 Simple illustration (so you understand clearly)
Let’s say:
You invest ₦100,000
Annual yield ≈ 10–15% (example)
Year 1 → ₦115,000
Year 2 → ₦132,250
Year 3 → ₦152,087
👉 Notice: You’re earning on ₦115k → then ₦132k → not just ₦100k
That’s compounding.
🔹 What will STOP your compounding
Avoid these:
Frequent withdrawals
Choosing dividend payout option
Leaving money idle outside the fund
Panicking and exiting early
🔹 Bottom line
To “set up” compounding in Stanbic IBTC money market fund:
Invest ✅
Leave profits inside ✅
Keep adding funds ✅
Stay invested long-term ✅
That’s it — the fund handles the compounding internally.
You can leave your money in a Money Market Fund (MMF) for as long as you want — there is no fixed maturity period. How MMF Works (Simple Explanation) ✅ No fixed lock-in period ✅ You can invest today and withdraw anytime (usually 24–72 hours) ✅ Interest accrues daily and is paid monthly or quarterlyRead more
You can leave your money in a Money Market Fund (MMF) for as long as you want — there is no fixed maturity period.
How MMF Works (Simple Explanation)
✅ No fixed lock-in period
✅ You can invest today and withdraw anytime (usually 24–72 hours)
✅ Interest accrues daily and is paid monthly or quarterly
✅ You can keep adding money (like your ₦10k monthly plan)
Your Plan (Very Good Strategy 👍)
Your plan:
Start with ₦100,000
Add ₦10,000 monthly
Leave it long-term
This is actually one of the safest wealth-building strategies.
How Long Should You Leave It?
Here are smart options:
Short-term (3–6 months)
Good for emergency savings
Very safe but lower returns
Medium-term (1–3 years) ⭐ (Recommended)
Your money grows steadily
Still easy to withdraw anytime
Long-term (3–5+ years) ⭐⭐ (Best for growth)
Compounding interest works better
Your monthly ₦10k adds up strongly
Example (Rough Projection)
If:
Start: ₦100,000
Add: ₦10,000 monthly
Average MMF return: ~10%–13% yearly (varies)
After 3 years, you could have roughly:
Total invested: ₦460,000
Estimated value: ₦500,000–₦540,000 (approx)
My Honest Recommendation (Based on Your Investment Journey)
Since you’re gradually building wealth and learning investing:
Use MMF as your savings base
Keep adding monthly
Leave it minimum 1–3 years
Withdraw only when necessary
This is exactly how disciplined investors build capital before moving to:
Stocks
Bonds
Equity funds
And you’re already on the right path.
If you have ₦5,000,000 sitting idle, you're actually in a very good position. The key is to balance safety, liquidity, and return. I'll show you the best options in Nigeria right now (2026) and what I personally recommend for your situation. Best Options to Grow ₦5M (From Safest → Higher Return) 🥇 1Read more
If you have ₦5,000,000 sitting idle, you’re actually in a very good position. The key is to balance safety, liquidity, and return. I’ll show you the best options in Nigeria right now (2026) and what I personally recommend for your situation.
Best Options to Grow ₦5M (From Safest → Higher Return)
🥇 1. FGN Savings Bond (Very Safe — Good for Passive Income)
Current returns around 12.9% – 15% per year (varies monthly)
Government-backed (very low risk)
Interest paid every 3 months
Minimum: ₦5,000 (so ₦5M is fine)
What ₦5M earns (Example)
14% of ₦5M = ₦700,000 per year
That’s about ₦175,000 every 3 months
✔ Very safe
✔ Passive income
✔ No stress
Where to buy
Through banks (First Bank, Access, Stanbic IBTC etc.)
Through stockbroker
Investment apps (Cowrywise, ARM, etc.)
🥈 2. Treasury Bills (Currently One of the Best)
Current rates around 15%–16%+ depending on tenor
Tenors:
91 days
182 days
364 days
₦5M Example
At 16%:
₦5M × 16% = ₦800,000 yearly
364-day = ₦800K profit
✔ Very safe
✔ Higher than savings account
✔ Flexible duration
Where to buy
Bank
Stockbroker
Apps (Cowrywise, Bamboo Fixed Income, ARM, etc.)
🥉 3. Money Market Funds (Flexible + Good Returns)
These invest in:
Treasury bills
Bonds
Commercial papers
Typical returns:
14% – 20% yearly (varies)
Best platforms in Nigeria:
Cowrywise
PiggyVest
ARM Money Market Fund
Stanbic IBTC Money Market Fund
✔ Withdraw anytime
✔ Good returns
✔ Easy mobile apps
My Best Strategy for Your ₦5M (Recommended Split)
To balance safety + income:
Smart Allocation
₦2M → Treasury Bills (Higher returns)
₦2M → Money Market Fund (Flexible)
₦1M → FGN Savings Bond (Stable passive income)
This gives:
Good interest
Flexibility
Safety
My Top Platforms (Easy to Use in Nigeria)
Best Overall:
Cowrywise
PiggyVest
ARM Investment App
Stanbic IBTC Invest App
These are widely used by Nigerians and beginner-friendly.
From real user discussions, many Nigerians use:
Risevest for long-term investing
Piggyvest for locked savings
Bamboo for stocks investing
What I Would Personally Do (If I Had ₦5M Today)
Put ₦3M Treasury Bills
Put ₦2M Money Market Fund
Expected yearly return:
Around ₦700k — ₦900k yearly
Monthly equivalent: ₦60k — ₦75k passive income
Which is better for Money Market Mutual Fund investment in Nigeria: broker apps or direct financial institution apps?
Your confusion is valid — and you’re actually asking the right question most beginners miss: “Where should I access the same money market fund — through a broker/fintech or directly?” Let me break it down clearly, based on how things actually work in Nigeria. 🔍 First: Understand what you are reallyRead more
Your confusion is valid — and you’re actually asking the right question most beginners miss: “Where should I access the same money market fund — through a broker/fintech or directly?”
See lessLet me break it down clearly, based on how things actually work in Nigeria.
🔍 First: Understand what you are really buying
Whether you use:
PiggyVest
Afrinvest
Or a bank/asset manager app (like Stanbic, ARM, etc.)
👉 You are still investing in the SAME type of asset:
Money Market Mutual Fund (T-bills, commercial paper, deposits, etc.)
These funds currently return roughly:
~18% – 24% per annum in Nigeria (2025–2026 environment)
So the difference is not the investment itself — it’s the access channel (platform).
⚖️ Broker/Fintech vs Direct Investment (Real Comparison)
Factor
Broker / Fintech (PiggyVest, etc.)
Direct (Afrinvest, Stanbic, ARM apps)
Fees
Usually no visible fee (already deducted)
~1%–1.5% management fee (built-in)
Entry amount
Very low (₦5k+)
Low (₦1k–₦5k depending on fund
Returns visibility
Fixed/estimated before investing
Market-based (fluctuates daily)
Control
Limited (you don’t pick fund details)
Full control (you choose exact fund)
Transparency
Lower (you trust platform)
Higher (you see fund reports, NAV)
Liquidity
Sometimes locked (depends on product)
Usually withdraw in 1–2 days
Consistency
Not always consistent (offers come & go
Continuous investment access
⚠️ Important misconception (about “2.5% broker fee”)
That 2.5% you heard is NOT typical for money market funds in Nigeria.
Money market funds usually:
Do NOT charge upfront entry fees
Charge management fees internally (≈1%–1.5%)
Even when using brokers:
Fees are already priced into the return
You don’t see a direct deduction
👉 So:
If someone is charging you 2.5% upfront, be cautious — that’s not standard for money market funds.
🧠 The REAL difference (this is what matters)
1. Fintech apps (PiggyVest-style)
Think of them as:
“Convenience layer”
Pros:
Easy to use
Beginner-friendly
No technical knowledge needed
Returns shown upfront
Cons:
Less control
Sometimes inconsistent investment availability
You don’t know the exact underlying fund
2. Direct asset manager apps (Afrinvest, Stanbic, ARM)
Think of them as:
“Professional investing”
Example:
Afrinvest Plutus Fund
Low risk
~14–15%+ historical return
Pros:
Transparent
Stable and continuous
Better for long-term structure
You can track performance properly
Cons:
Slightly less “fancy”
Requires understanding basics
🎯 My recommendation (based on your situation)
You said:
You earn modest income
You want to learn investing deeply
You want short-term securities
👉 So here’s the straight answer:
✅ Best approach (not either/or — combine both)
Step 1: Start with Direct Fund (Core)
Use:
Afrinvest / ARM / Stanbic
Why:
You learn real investing
You build a structured portfolio
You understand returns properly
Step 2: Add PiggyVest (Optional layer)
Use it for:
Short-term opportunities
Discipline (saving + locking)
🔥 If I must choose ONE for you:
👉 I would recommend:
Direct asset manager (Afrinvest / ARM / Stanbic)
Because:
You’re already thinking like an investor (not just saver)
You want depth + structure, not just convenience
⚡ Simple rule to remember
Want ease → PiggyVest
Want real investing + control → Direct fund
Want best result → Use both strategically
How Much Will I Earn Monthly From a ₦10,000 Investment in Chapel Hill Denham Money Market Fund at 17.85% Yield in Nigeria?
Let’s break this down properly so you don’t overestimate the returns. You mentioned a 17.85% yield on a money market fund via Chapel Hill Denham (InvestNaija). That 17.85% is annual (per year), not monthly. Step 1: Convert annual yield to monthly To estimate monthly return: Step 2: Monthly gain on ₦Read more
Let’s break this down properly so you don’t overestimate the returns.
See lessYou mentioned a 17.85% yield on a money market fund via Chapel Hill Denham (InvestNaija). That 17.85% is annual (per year), not monthly.
Step 1: Convert annual yield to monthly
To estimate monthly return:
Step 2: Monthly gain on ₦10,000
So:
Monthly profit ≈ ₦140 – ₦160
It can fluctuate slightly depending on daily rates and fund performance.
Step 3: Important reality (most people miss this)
Money market funds don’t pay a fixed interest like a bank:
The 17.85% is a target/annualized yield, not guaranteed
Returns are calculated daily and credited periodically
Your actual monthly gain can vary slightly
Step 4: If you invest ₦10,000 every month (compounding effect)
Now this is where it gets interesting. Each month:
You add ₦10,000
You earn interest on both old + new money
So your earnings will grow like this (approx):
Month 1 → ~₦149
Month 2 → ~₦300+
Month 6 → ~₦900+
Month 12 → ~₦2,000+ monthly earning potential
To visualize the compounding structure:
Where:
� = final amount
� = total invested
� = annual rate (17.85%)
� = compounding frequency
� = time
Straight answer
₦10,000 investment → about ₦150/month initially
But with consistent monthly investing, your income scales upward over time
How do I set up compound interest using Stanbic IBTC money market mutual funds in Nigeria?
To be precise: you don’t “set” compounding manually in a Stanbic IBTC Asset Management money market fund the way you would in a fixed deposit. Compounding is already built into how the fund works. Your job is simply to structure your investment so it actually compounds. Let me break it down clearly.Read more
To be precise: you don’t “set” compounding manually in a Stanbic IBTC Asset Management money market fund the way you would in a fixed deposit.
See lessCompounding is already built into how the fund works. Your job is simply to structure your investment so it actually compounds.
Let me break it down clearly.
🔹 How compounding works in Stanbic IBTC Money Market Fund
The fund invests your money in Treasury Bills, commercial papers, deposits, etc.
These instruments generate interest daily
The fund adds (reinvests) that interest back into your investment value (NAV)
Over time, you earn interest on your interest
👉 That is compounding.
Also note:
Returns are not fixed — they depend on market interest rates
Income is typically distributed or reflected periodically (often quarterly)
🔹 The key truth (many people miss this)
You don’t activate compounding with a button.
You enable it by behavior:
✅ Leave your returns inside the fund
❌ Don’t withdraw frequently
🔹 How to SET UP compounding properly (practical steps)
1. Choose “Growth / Reinvestment” style
When investing (via app or form):
Ensure your fund option is NOT dividend payout
Choose:
Growth option (if available), OR
Automatic reinvestment
👉 This ensures earnings stay inside and compound
2. Don’t withdraw your earnings
If you withdraw:
You break the compounding cycle
Your “interest on interest” stops
👉 Leave the money untouched as long as possible
3. Add money regularly (this boosts compounding)
Instead of one-time investment:
Add funds monthly or weekly
This is called contribution compounding
Example:
₦100k grows
You add ₦20k monthly
Now compounding works on a larger base
4. Respect the holding period
Minimum holding: about 30 days
Early withdrawal penalty affects your earnings
👉 Stay longer = better compounding effect
5. Use their digital platform
You can manage everything through:
Stanbic IBTC app / web portal
You can:
Reinvest easily
Track daily growth
Add funds anytime
🔹 Simple illustration (so you understand clearly)
Let’s say:
You invest ₦100,000
Annual yield ≈ 10–15% (example)
Year 1 → ₦115,000
Year 2 → ₦132,250
Year 3 → ₦152,087
👉 Notice: You’re earning on ₦115k → then ₦132k → not just ₦100k
That’s compounding.
🔹 What will STOP your compounding
Avoid these:
Frequent withdrawals
Choosing dividend payout option
Leaving money idle outside the fund
Panicking and exiting early
🔹 Bottom line
To “set up” compounding in Stanbic IBTC money market fund:
Invest ✅
Leave profits inside ✅
Keep adding funds ✅
Stay invested long-term ✅
That’s it — the fund handles the compounding internally.
How long can I keep money in a money market mutual fund (MMF) in Nigeria?
You can leave your money in a Money Market Fund (MMF) for as long as you want — there is no fixed maturity period. How MMF Works (Simple Explanation) ✅ No fixed lock-in period ✅ You can invest today and withdraw anytime (usually 24–72 hours) ✅ Interest accrues daily and is paid monthly or quarterlyRead more
You can leave your money in a Money Market Fund (MMF) for as long as you want — there is no fixed maturity period.
See lessHow MMF Works (Simple Explanation)
✅ No fixed lock-in period
✅ You can invest today and withdraw anytime (usually 24–72 hours)
✅ Interest accrues daily and is paid monthly or quarterly
✅ You can keep adding money (like your ₦10k monthly plan)
Your Plan (Very Good Strategy 👍)
Your plan:
Start with ₦100,000
Add ₦10,000 monthly
Leave it long-term
This is actually one of the safest wealth-building strategies.
How Long Should You Leave It?
Here are smart options:
Short-term (3–6 months)
Good for emergency savings
Very safe but lower returns
Medium-term (1–3 years) ⭐ (Recommended)
Your money grows steadily
Still easy to withdraw anytime
Long-term (3–5+ years) ⭐⭐ (Best for growth)
Compounding interest works better
Your monthly ₦10k adds up strongly
Example (Rough Projection)
If:
Start: ₦100,000
Add: ₦10,000 monthly
Average MMF return: ~10%–13% yearly (varies)
After 3 years, you could have roughly:
Total invested: ₦460,000
Estimated value: ₦500,000–₦540,000 (approx)
My Honest Recommendation (Based on Your Investment Journey)
Since you’re gradually building wealth and learning investing:
Use MMF as your savings base
Keep adding monthly
Leave it minimum 1–3 years
Withdraw only when necessary
This is exactly how disciplined investors build capital before moving to:
Stocks
Bonds
Equity funds
And you’re already on the right path.
What Are the Best Investment Options in Nigeria for ₦5 Million in 2026 for Passive Income and High Returns?
If you have ₦5,000,000 sitting idle, you're actually in a very good position. The key is to balance safety, liquidity, and return. I'll show you the best options in Nigeria right now (2026) and what I personally recommend for your situation. Best Options to Grow ₦5M (From Safest → Higher Return) 🥇 1Read more
If you have ₦5,000,000 sitting idle, you’re actually in a very good position. The key is to balance safety, liquidity, and return. I’ll show you the best options in Nigeria right now (2026) and what I personally recommend for your situation.
See lessBest Options to Grow ₦5M (From Safest → Higher Return)
🥇 1. FGN Savings Bond (Very Safe — Good for Passive Income)
Current returns around 12.9% – 15% per year (varies monthly)
Government-backed (very low risk)
Interest paid every 3 months
Minimum: ₦5,000 (so ₦5M is fine)
What ₦5M earns (Example)
14% of ₦5M = ₦700,000 per year
That’s about ₦175,000 every 3 months
✔ Very safe
✔ Passive income
✔ No stress
Where to buy
Through banks (First Bank, Access, Stanbic IBTC etc.)
Through stockbroker
Investment apps (Cowrywise, ARM, etc.)
🥈 2. Treasury Bills (Currently One of the Best)
Current rates around 15%–16%+ depending on tenor
Tenors:
91 days
182 days
364 days
₦5M Example
At 16%:
₦5M × 16% = ₦800,000 yearly
364-day = ₦800K profit
✔ Very safe
✔ Higher than savings account
✔ Flexible duration
Where to buy
Bank
Stockbroker
Apps (Cowrywise, Bamboo Fixed Income, ARM, etc.)
🥉 3. Money Market Funds (Flexible + Good Returns)
These invest in:
Treasury bills
Bonds
Commercial papers
Typical returns:
14% – 20% yearly (varies)
Best platforms in Nigeria:
Cowrywise
PiggyVest
ARM Money Market Fund
Stanbic IBTC Money Market Fund
✔ Withdraw anytime
✔ Good returns
✔ Easy mobile apps
My Best Strategy for Your ₦5M (Recommended Split)
To balance safety + income:
Smart Allocation
₦2M → Treasury Bills (Higher returns)
₦2M → Money Market Fund (Flexible)
₦1M → FGN Savings Bond (Stable passive income)
This gives:
Good interest
Flexibility
Safety
My Top Platforms (Easy to Use in Nigeria)
Best Overall:
Cowrywise
PiggyVest
ARM Investment App
Stanbic IBTC Invest App
These are widely used by Nigerians and beginner-friendly.
From real user discussions, many Nigerians use:
Risevest for long-term investing
Piggyvest for locked savings
Bamboo for stocks investing
What I Would Personally Do (If I Had ₦5M Today)
Put ₦3M Treasury Bills
Put ₦2M Money Market Fund
Expected yearly return:
Around ₦700k — ₦900k yearly
Monthly equivalent: ₦60k — ₦75k passive income