Fokona Latest Questions
What type of investment is best for beginners?
I want to start investing but my current salary is not much. I want to start by saving in piggyvest monthly . Then in 5 months time, I can start investing. Is it wise as an investor to start that ...Read more
I have been hearing stock here and share there. What is the difference
Hi mama [Ngozi, between locking money in Fair money for a period of time say 1 year or investing the same money in a money market mutual fund.for the same period of time (1 year). Which one will ...Read more
I want to invest in FGN Bonds, but I don’t have a large amount of money to invest at once. I am considering investing ₦5,000 every month consistently. If I continue doing this until I reach a substantial amount, will ...Read more
“How much dividend could I earn if I invest ₦100,000?”
“Compare these two stocks and tell me which is better for long-term investment
I have heard a lot about interest rates compounding and discounting but don’t really know what effect these terms have on investments.
I want to understand how people realistically manage their finances when their monthly income is limited and the cost of living keeps increasing. How do you divide your income between necessities, savings, investments, emergencies, family responsibilities, and personal goals? At ...Read more