If you’re considering a money market fund to park your hard-earned cash, you’re already on the right track. These funds are known for their stability, liquidity, and generally low risk, perfect for anyone looking to grow their savings without jumping…
When it comes to making smart choices about where to put your money, the question on everyone’s mind is: Is a money market fund a good investment? With a variety of options available, understanding the pros and cons of money…
If you’re exploring investment options in personal finance, you might have stumbled upon money market funds. But how exactly do these funds work, especially in Kenya’s vibrant market? Understanding the mechanics behind money market funds can empower you to make…
So, you’ve heard about money market funds, but what exactly are they? Are they like a savings account? A stock? Somewhere in between? No worries! Money market funds are one of the safest, simplest ways to grow your cash with…
Any investment opportunity that seems too good to be true, it’s probably a scam. Before you invest you should ask yourself if you are willing to lose some or all the money you have invested and know that if you…
The stories of people living in diaspora who have tried to invest back in Africa are quite heartbreaking and hilarious at the same time. I have heard countless stories of people who tried to invest back home and failed terribly.…
Treasury bills are a secure, short-term investment offering an investor a return after a relatively short commitment of funds. They provide an excellent investment opportunity that’s readily available since they are auctioned weekly. They have a maturity of one year…
Money market funds are the best known type of mutual funds available for individual investors since they are a low risk investment which makes it a safe investment and they do not require a lot of money to invest. Money…
Saving while you are still energetic and productive is a smart financial move. If you are earning an income and thinking about where best you can save that money you need to consider a Savings and credit cooperative organization (Sacco).…
Safaricom customers can now buy shares or stocks listed on the Nairobi Securities Exchange using Bonga points. Stock is a security that represents the ownership of a fraction of a corporation and gives the shareholders a residual claim on corporate…