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
Fokona Latest Questions
Please what’s the difference between Naira funds and Naira mutual funds on cowrywise app
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
Please can I top up on my money market funds more than once in a month?
How do I invest in Stanbic IBTC money market funds.
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
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
How do you know the money you topped in money mutual fund has been successfully funded, because I topped up my money mutual fund and is still reflecting the same figures that I funded last month
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