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Best Money Market fund in Kenya
nashx
#261 Posted : Sunday, March 03, 2019 1:22:06 PM
Rank: Member


Joined: 2/28/2014
Posts: 185
Location: Nairobi
Persistent Signal wrote:
Thanks nashx. That's good & detailed work right there. This kind of info will greatly help me.

Plus I have checked your telegram channel (from the links you provided here). The channel is so informative.

Asante.


Thanks for the great feedback. In the Wazua spirit, share the links with your friends and family so we can educate as many Kenyans as possible :)

I hope this information had been taught in the 8-4-4 system. Instead we were taught about mitochondria!

I also don't like that there are people charging for this kind of information. Therefore, I am sharing my personal finance knowledge and experience for FREE so at right those wrongs.

Have a great day!
Offering my personal finance knowledge for free
nashx
#262 Posted : Tuesday, March 05, 2019 5:17:12 AM
Rank: Member


Joined: 2/28/2014
Posts: 185
Location: Nairobi
The Ultimate FAQ on Money Market Funds in Kenya

I have prepared something for the numerous questions I have been receiving on Money Market Funds in Kenya. Let me know if there is something missing or not clear.

Hope you find it valuable and increases your financial knowledge.

Have a great day :)
Offering my personal finance knowledge for free
Beler
#263 Posted : Wednesday, April 17, 2019 2:28:50 PM
Rank: New-farer


Joined: 1/15/2019
Posts: 31
I think that money market funds are very good option for diversification of portfolio. I am never putting all my money in one basket, so blue chip companies plus government bonds and money market funds are all good portfolio investments
deadpoet
#264 Posted : Tuesday, May 21, 2019 3:41:32 PM
Rank: Member


Joined: 9/27/2006
Posts: 432
nashx wrote:
The Ultimate FAQ on Money Market Funds in Kenya

I have prepared something for the numerous questions I have been receiving on Money Market Funds in Kenya. Let me know if there is something missing or not clear.

Hope you find it valuable and increases your financial knowledge.

Have a great day :)


So, all the returns quoted in the paper haven't deducted withholding tax, is that right? When is the tax deducted?
nashx
#265 Posted : Tuesday, October 22, 2019 11:08:54 PM
Rank: Member


Joined: 2/28/2014
Posts: 185
Location: Nairobi
deadpoet wrote:
nashx wrote:
The Ultimate FAQ on Money Market Funds in Kenya

I have prepared something for the numerous questions I have been receiving on Money Market Funds in Kenya. Let me know if there is something missing or not clear.

Hope you find it valuable and increases your financial knowledge.

Have a great day :)


So, all the returns quoted in the paper haven't deducted withholding tax, is that right? When is the tax deducted?



Some quote the return having deducted withholding tax. Others don't. See my analysis in the below YouTube Videos

Part 1: https://youtu.be/HLGRNg8M4m0

Part 2: https://youtu.be/4WMSAjee7Vs
Offering my personal finance knowledge for free
nashx
#266 Posted : Tuesday, October 22, 2019 11:11:16 PM
Rank: Member


Joined: 2/28/2014
Posts: 185
Location: Nairobi
This video shows how to use Money Market Funds in Kenya to grow your wealth. However, the principles and the power of compounding can be applied in any country.

https://youtu.be/t_M0ApJi94c


Read the companion article here:

https://nashthuo.com/the-power-of-compounding/
Offering my personal finance knowledge for free
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