Many people are eager to start investing, but the early stage can also be the most dangerous due to inexperience and misinformation. From your experience or observation, what are the most common mistakes beginners make in their first year of ...Read more
Fokona Latest Questions
“At what point does financial independence stop being about freedom and start becoming a limitation to growth?”
I’m trying to understand how to invest wisely as a beginner, especially in an environment where inflation keeps rising and reduces the value of money over time. For someone just starting out with limited capital, what are the most practical ...Read more
I want to save 20k monthly for the next 3years What will it grow into
“I have a small and irregular income. I’m a village farmer, and farming sometime is mostly about survival and taking care of basic needs. Some months I may make money, while other months I may make very little or nothing. ...Read more
Can someone guide me on where I can invest ₦100,000 that I don’t want to use in 1yr
Please can I top up on my money market funds more than once in a month?
My elderly parents own two parcels of land in our home state, each purchased for 500,000 naira exactly eight years ago, and they need guidance on what to do with them. Here are their alternatives. – Sell both for 20 ...Read more
I want to start investing 20k every month for the next 15 or 20 years. I want something to retire on by the time I turn 50. I want to do this based on compounding interest because I won’t be ...Read more