Please I want to know if as a beginner learning about investment, can someone invest in money market mutual funds and also NIDF same time?
Fokona Latest Questions
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?
Why do some Money Market Funds may beneficial than others as issued by different financial institutions Eg. Asset Resources Management gives different % while Bamboo gives different % Is it no regulated by SEC. I need more insight on this ...Read more
Between Bond fund and money market funds which one will be the best to invest in the next 5 years
I began my money market fund investments in December, 2025. As at March, 2026 the total gain in my Money Market Fund investment was over #30,000.00 however, same was unexplainably reduced to about #6,000.00. And I wasn’t paid a dime ...Read more
Does compounding work in equity funds or it’s just money market fund?
I TRIED BUYING MONEY MUTUAL FUND AND I WAS SEEING A UNIT FOR ₦100.00 Do i have to buy in units? Secondly, how do i source for REIT on bamboo?
Please what app do we even use for each because I know for stocks meritrade and trove but for equity funds and money market mutual funds. I’m confused on their differences and I know cowrywise is for mutual funds but ...Read more
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
Please what’s the difference between Naira funds and Naira mutual funds on cowrywise app