Making sense of investing.
All mutual funds have fees and expenses that are paid out of investment returns and potentially from fund assets. Some mutual funds also have a sales charge that is paid when buying or selling your interest in a mutual fund. Some of the associated fees include: Management Fee - Most mutual funds charge a management …
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The job of a portfolio manager is to find the best security, the best sector and the best country to invest their clients' money. There are different ways by which investment managers take on this task. Here we share a few: Bottom-Up Approach - The manager focuses on selecting individual companies they think would do …
Continue reading "Some Common Approaches to Stock Selection"
The modern family no longer relies on one person being the breadwinner and handling all the money stuff - income, paying bills and investing. Today, both men and women are bringing in the bacon or as I saw this morning, someone brings the bread and the other brings akara. However, this doesn’t mean that the …
Continue reading "How Different Couples are Splitting their Bills"
All mutual funds have different characteristics - fees, risk, objectives, holdings, performance and management. As such, before investing you want to have to read up on these to make an informed decision on the appropriateness or otherwise of the mutual fund for you. The information to make this decision can be found in the fund …
Continue reading "Where to Get Relevant Information About a Mutual Fund"
Because money habits can be ingrained in our personalities, differences around money management causes a lot of stress in many relationships. So what do you do if your spending styles are divergent? Identify your spending habits – Most relationships would typically have one partner that is a saver and another that is a spender. That’s …
Continue reading "Navigating Different Money Habits in a Relationship"
If you haven’t developed good money habits, even with a good salary you could still fall behind on your bills and on meeting your financial goals. The reason is that the average person would typically see their living expenses go up as their income goes up. You want to live in a bigger apartment, eat …
Continue reading "A Good Salary May Not Equal Financial Security"
There are two important things to keep in mind when investing in a mutual fund regarding the risks and the returns. Risk – The level of risk and return depends on what the fund invests in. Mutual funds are not guaranteed or insured. So you can lose money investing in mutual funds. Past performance – …
Continue reading "Two Important Things to Keep in Mind about Mutual Funds"
Honestly, I don't know. And maybe you shouldn't even be investing. However, I can tell you are the different investment options. I can tell you the risks and potential return of the different investment options. I can also tell you how to access the different options safely. But, I can only tell you how to …
Continue reading "I have a Million Naira in my account, how should i invest it?"
Earlier in the week, there was the case of whether one of the ride sharing companies was hacked or not... Whatever it was, it appears there was an issue and it raises the question of keeping your money safe from online fraud. So you have your card details saved online, what happens if the merchants …
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Any of these sound familiar? The friend who enables your worst spending habits - urging you to go on shopping sprees. The friend who is always borrowing and never pays back. The friend that is always snooping. The friends that is always showing off. The freeloading friends that never pays their share of the bill. …
