A unit trust fund is like a big organized chama for investing purposes, that pools money together from many investors who share the same financial objective to be managed by a group of professional managers who invest the pooled money in a portfolio of securities such as shares, bonds, money market instruments or other authorized securities to achieve the objectives of the fund.
The first question before deciding to invest revolves around the safety of your Investment. Among several Investment options, Unit Trusts are becoming more popular due to their flexibility, easy access to the funds, low risk and high returns on Investment. Read more…
I have been a culprit of emotionally investing in the past and this has led to monetary loss but on the bright side, it has made me better at avoiding emotionally driven decision making.
We need to safeguard our finances by building a hedge of an emergency fund. It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price. We will live beyond this.
n a simplified way, budgeting is the act of tracking your finances so you don’t spend too much or too little. Unlike what you might believe, budgeting isn’t all about restricting what you spend money on and cutting out all the fun in your life.
A decision to Invest has to be fueled by hunger, determination, a well-worked out plan and a goal which is primarily to reap returns. Here’s how to get started on your investment journey.