My two brothers and I want to build a 10-year savings and investment plan by contributing money every month. We want to go beyond ordinary savings by protecting our money from inflation while growing it through investments and compound returns. We need ...Read more
Fokona Latest Questions
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
Alex ejikeStarter
Mr leverage told me this afternoon, that he watched a clip in 2020 quiche motivated him to take a 600k loan from a bank as loan which was the max his salary can accommodate then.he added 50k to buy a ...Read more
Does ARM Investment Managers ‘Aggressive Growth Fund Compound’?
Alex ejikeStarter
Mr leverage told me this afternoon, that he watched a clip in 2020 quiche motivated him to take a 600k loan from a bank as loan which was the max his salary can accommodate then.he added 50k to buy a ...Read more