Please what’s the difference between Naira funds and Naira mutual funds on cowrywise app
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Please sir, what is the difference between ETF fund and index fund and how to invest in them
Please can I top up on my money market funds more than once in a month?
Can anyone pls explain in detail, how afrivest work and the advantage of using the platform.
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
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 I calculate the interest based on my capital?
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