Iking Ferry One thing confuse me sir.. As I learn that money mutual funds actually preserve capital and the interest only vary based on market reaction and inflation. Now, investments of 100k on mutual funds got reduced on IBTC Money ...Read more
Fokona Latest Questions
Good day sir Iking Ferry . Sir I wanted to invest in mutual funds as a beginner though with zedcrest equity funds and the return rate is 109.4%. But base on my research sir, it has been one of the best ...Read more
I invested in equity fund on cowryrise, at first the yield per year was 34% after a month seeing I got some interest I added to the capital, now the yield per year is 41% Pleas I’m a beginner help ...Read more
I plan to start my investment journey in the Money Market Mutual Fund, thank you so much, I have read so much about investments on your Facebook page lking Ferry, but I want to ask, which is better through Broker ...Read more
1. If interest on mutual funds are reinvested quarterly and I want to withdraw my capital before the quarterly reinvestment of the interest, will I be taxed on my initial deposit? 2. The 10% tax on interest in a mutual ...Read more
I downloaded both meritrade and cowrywise and now in meritrade I saw minimum to buy stocks is 5068 naira but for equity is 1k The lowest for stocks owner in cowrywise is 5k but in meritrade is 10k Now ...Read more
How do I calculate the interest based on my capital?
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
Does ARM Investment Managers ‘Aggressive Growth Fund Compound’?
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