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How can I invest in mutual funds to raise ₦100,000 within three months?
Let's get that ₦100,000 🚀. To invest in mutual funds and reach your goal, we'll need a solid plan. First, how much can you invest monthly? 🤔 Mutual funds typically offer returns of 10-20% per annum in Nigeria, depending on the fund. Assuming a 15% annual return (about 1.25% monthly), here's a roughRead more
Let’s get that ₦100,000 🚀. To invest in mutual funds and reach your goal, we’ll need a solid plan.
First, how much can you invest monthly? 🤔 Mutual funds typically offer returns of 10-20% per annum in Nigeria, depending on the fund.
Assuming a 15% annual return (about 1.25% monthly), here’s a rough estimate:
– Invest ₦32,000 monthly for 3 months, you might reach around ₦100,000.
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