I had invested 5,000 naira in a money market mutual fund early this month. Can I engage in a monthly top up of 5,000 on the existing investment while it’s still on its 90 days holding period.
Fokona Latest Questions
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
How prudent is it to invest in Nigerian Treasury Bills or Treasury Funds as a medium- to long-term investment? I’d appreciate insights on the risks, returns, and how they compare with other relatively safe investment options in Nigeria.
I invested 50k in my mmf account.they are showing me a total gain of 64250, percentage gain of o.13%,what does it mean..is that my gain for how long.im a new investor
I’ve been reading a lot of write-ups about money investment and different platforms for investment. Being medically inclined, I seem to be a stark novice on business and financial education. Now I want to start investing money monthly (#15000 and ...Read more
I just made my first subscription to a money market mutual fund today on Investnaija. Can you confirm how long it takes for the portfolio to show up after first funding? My KYC is complete. Thanks
Please what is the minimum number of days I can invest in money market mutual fund before redeeming my investment will the interest
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
I used initial deposit of 50k and 20k monthly. Is this to be invested in money market
What can I do if I tried to transfer money from my account to my invest naija app