This question may sound like my previous question but it is actually different in details. If you were starting from exactly where I am today—with very little money, an irregular income, no knowledge or experience in investing, and a strong ...Read more
Fokona Latest Questions
Please what’s the difference between Naira funds and Naira mutual funds on cowrywise app
How do I invest in Stanbic IBTC money market funds.
Using InvestNaija platform, what are the difference(majorly and minorly) between money market fund and Paramount Fund(Equity)
The return here is higher than how I calculated the compound interest. I am a confused. Pls help and explain. I used 0.04% to calculate but don’t understand the 16% or 17%
I have about 120-150k that I wouldn’t be need for now until 2-3 months later and I hereby seeking advice on the kind of investment I should lock it on for that period. If more than two investments, you can ...Read more
What’s the real difference between saving money in a fixed deposit and putting the same money into a money market fund? Which one actually makes more sense in today’s economy, considering inflation, liquidity, and returns?
I’ve been hearing many people talk about Money Market Funds lately, especially as an alternative to keeping money inside a normal savings account. Some people even say their money earns interest daily through Money Market Funds, while others claim it is ...Read more
What is the difference between Nigerian Bond Fund and Money market fund
Not panicking for sure. But then the question in my head this morning is. Am I doing the right thing My equity funds started going down since the profit taken season and readjustments in the market. For a while I ...Read more