INTRODUCTION TO MONEY MARKET FUNDS AND HOW TO USE THEM

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  • Опубліковано 7 жов 2020
  • WHEN YOU SAVE A LITTLE,BIG THINGS HAPPEN
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КОМЕНТАРІ • 305

  • @makemoney362
    @makemoney362 4 місяці тому +8

    Thanks ...today, 25 of March 2024,1:17 AM is a very important day in my life. I have been welcomed into the world of financial freedom just at the right time.My early 24s, Not bad.

  • @kemuntoyvette9978
    @kemuntoyvette9978 2 роки тому +76

    There is nothing I've grown to love more like financial literacy 💯

  • @StevoGitz
    @StevoGitz 5 місяців тому +5

    Why dont they teach this in schools? Best lesson I've learnt in my life.. never just keep your money in fixed accounts but instead keep it somewhere with low risk and earn something.

    • @DelphineObinchu
      @DelphineObinchu 2 місяці тому +1

      I wish I had this knowledge beforehand

  • @abelnoowe5918
    @abelnoowe5918 7 днів тому +1

    You have earned yourself a new subscriber From Uganda.

  • @trudeamitchelle5642
    @trudeamitchelle5642 2 роки тому +8

    My goodness Rina.... You are heaven sent. Very good explanation. I've understood

  • @denisaunga524
    @denisaunga524 3 роки тому +34

    If there's something good that has happened to me this year then its this channel.
    Im learning everyday.

    • @lucywanjiku8525
      @lucywanjiku8525 3 роки тому +2

      Me too,,,I believe I'm not too late to organize myself again

  • @LaLondonBabe
    @LaLondonBabe 3 роки тому +8

    Thank you Rina for sharing your gems of investment wisdom.

  • @Michael-ho5pg
    @Michael-ho5pg 3 роки тому +4

    This is a journey, we review in 10years time. Thank you for great information

  • @wilsonowuor6292
    @wilsonowuor6292 3 роки тому +4

    This is great.. I learn a great deal.

  • @annegichanga4000
    @annegichanga4000 3 роки тому +3

    Thank you for the important information. Learnt Alot.

  • @martinoluoch6
    @martinoluoch6 3 роки тому +6

    Great and insightful presentation .

  • @javacodes7586
    @javacodes7586 3 роки тому +10

    This is been extremely helpful, I have been looking for this kind of info

  • @lorrainemomanyi363
    @lorrainemomanyi363 2 роки тому +9

    Thank you for the eye opening session in investing in MMFs.

  • @DrEmmanuelAmukun
    @DrEmmanuelAmukun Рік тому +2

    Wow... wonderful video. I'm taking action immediately!
    May God richly bless you Rina🙏🙏🙏

  • @j9_njoroge
    @j9_njoroge 2 роки тому +3

    I like your content, very impressive. Thanks!.

  • @felixotieno255
    @felixotieno255 2 роки тому +2

    Very informative, Rina. Much appreciation.

  • @bupemwanza1872
    @bupemwanza1872 2 роки тому +3

    LEARNING ALOT ON MM THAN I KNEW, THANKS RINA.

  • @fredricknyakuna2842
    @fredricknyakuna2842 2 роки тому +1

    Hallo Madam Rina.... thank you so much for this precious piece of knowledge.about investment

  • @MegaLifeHappiness
    @MegaLifeHappiness 3 місяці тому

    3 yrs old video and here I am just running into you. So happy for this rich content. I am getting the book for all my family members for xmas

  • @nells337
    @nells337 4 місяці тому +3

    A well composed biblical story love it more

  • @erickalick7555
    @erickalick7555 3 роки тому +3

    Informative. Thank you!

  • @josphatkerongo8606
    @josphatkerongo8606 Рік тому +1

    Thank you so much Rina, now I have known how to invest My money

  • @waaloiys2546
    @waaloiys2546 3 роки тому +10

    Am glad someone led me here. Thank you so much Rina, may God increase your Territories

  • @fredmagozi5372
    @fredmagozi5372 2 роки тому +1

    Wow, good knowledge to grow your money

  • @wisdomlife
    @wisdomlife 2 роки тому +3

    Quite informative.... Hadn't had time to hear more about money markets

  • @PutielMuriungi
    @PutielMuriungi 2 місяці тому

    Thankyou Rina, you're just God sent...my path towards wealth is clear now

  • @nicolenjuguna
    @nicolenjuguna 3 роки тому +4

    Bless you Rina 🙏🙏🙏

  • @marthamokogoti7431
    @marthamokogoti7431 3 роки тому +3

    Quite informative

  • @williamabuta4837
    @williamabuta4837 3 роки тому +7

    Thanks Rina. This video is very informative as far as investing in money market funds is concerned.

  • @judyndegwa2598
    @judyndegwa2598 3 роки тому +2

    Asante Sana..got it!

  • @user-qq1ux2lb6x
    @user-qq1ux2lb6x 15 днів тому

    I like your teaching on investment Madam

  • @carlosdeniem9326
    @carlosdeniem9326 2 роки тому +1

    Hi Rina. Thanks for the information.

  • @danielndungundegwa1520
    @danielndungundegwa1520 3 роки тому +5

    Keep it Short and Simple

  • @Titusmutunga
    @Titusmutunga 4 місяці тому

    I just watched CTA and got to know you, I'm here to learn, thank you❤

  • @jedidahbintidaudi8241
    @jedidahbintidaudi8241 2 роки тому +3

    just loving this girl! i just do! bless u dear

  • @shillahboss9439
    @shillahboss9439 2 роки тому +11

    So much Resourceful. My financial life will never be the same after listening to this. Thanks Rina.

    • @plutolisa622
      @plutolisa622 2 роки тому +1

      The best and advisable way one could be a millionaire is by spending less and investing more {e.g Cryptocurrency investment (bitcoins) is really the best way to make money nowadays}

  • @mtotowacucueurobeat
    @mtotowacucueurobeat 3 роки тому +2

    Fantastic

  • @kawastevenhope3303
    @kawastevenhope3303 6 місяців тому +10

    In my early 20s,and with this Information I bet you,I've gained financial freedom, Thanks alot.

  • @annwangui2094
    @annwangui2094 Рік тому +1

    This is very resourceful.Thank you so much I never knew what this money market fund is, you're explaining it very well in details

  • @CollinsOuma-l2l
    @CollinsOuma-l2l 15 днів тому

    Thanx alot for this.... poverty is not our portion.

  • @omarikitula
    @omarikitula 2 роки тому +3

    You deserve my subscription 🔥

  • @tonywamae3895
    @tonywamae3895 3 роки тому +18

    Hi Rina, can you talk about portfolio accounts? I hear the returns are very good but I don't know much about this kind of investment.

  • @williamthuo7196
    @williamthuo7196 2 роки тому +3

    never have been looking for such info actually.feel like naomoka right now..

  • @kategitonga6476
    @kategitonga6476 3 роки тому +3

    Thanks so much...

  • @datacollector890
    @datacollector890 2 роки тому +1

    Informative....thanks Rina

  • @mercymurungi291
    @mercymurungi291 3 роки тому +3

    Thank you so much Rina...you just saved a sister.

  • @safinanyachieo18
    @safinanyachieo18 3 роки тому

    Your voice sounds similar to news anchor Lilian muli's.anyway ndio nimefika hapa.thanks for the info.b blessed you🙏

  • @cookingideas8407
    @cookingideas8407 2 роки тому +2

    Am Glad someone recommended this Channel
    Learning a lot
    Thanks A lot Rina🙏❤️

  • @isabenakilonzo3812
    @isabenakilonzo3812 2 роки тому +1

    Thanks for the information

  • @dennismicheni1401
    @dennismicheni1401 2 роки тому +4

    Very informative God bless you Rina for sharing this transformational info.

  • @TheMilitaryandPolitics1553
    @TheMilitaryandPolitics1553 2 роки тому +5

    The world needs more people like you..Mrs.Rina Hicks...thank you very much for helping me understand Money Market Funds.

  • @un-tell.by.maggiesdiy
    @un-tell.by.maggiesdiy 3 роки тому +10

    I recently found this channel; well, am I glad that UA-cam pops suggestions for me? Now I am hooked. I am binging on your content. Thank you for having these conversations - demistifying money matters. I am a kindle user and will get your book too

  • @noellebomett2191
    @noellebomett2191 2 роки тому +1

    Great insight

  • @ashakijana1273
    @ashakijana1273 Рік тому +2

    Good stuff for beginners like me.quiet insightful

  • @ashleychepkorir6781
    @ashleychepkorir6781 4 місяці тому

    Thank yoi so much,l have learnt a lot

  • @winnierutahigwa391
    @winnierutahigwa391 3 місяці тому +1

    Iam from Uganda and i have appreciated this. Bless u

  • @dauglasmugodo3430
    @dauglasmugodo3430 2 роки тому +4

    Have learnt a lot ,,,,its an eye opener n very informative

  • @ruthrazy5283
    @ruthrazy5283 2 роки тому +12

    Thank you for these videos. I ve been listening to them during my commute, time well spent on the road.

    • @altheaputana1573
      @altheaputana1573 2 роки тому +2

      After studying the trajectory of great assets like real estate, dividend paying stock of blue chip companies, gold etc. My conclusion is most assets don't come down to the price that you want them to so you can buy. Just buy the ones you can afford today

    • @sinclairhall9577
      @sinclairhall9577 2 роки тому +1

      @@altheaputana1573 That's exactly why investing in stock now will be the best decision

    • @oneotradefx2180
      @oneotradefx2180 2 роки тому

      That's exactly why investing in stock now will be the best decision
      Best time to invest? that's funny though, because in the last four months, I have lost up to $37,900 in the stock market which is the biggest. I have been making losses and petty profits since I ventured into the stock market.

    • @clerkkergley8123
      @clerkkergley8123 2 роки тому

      @@oneotradefx2180
      You could be right or wrong depends on your expertise, I once made that loss when I invested thinking I've gathered enough trading skills from UA-cam videos, but now its a different ballgame for me because I was lucky to have met "Mr Green Scott ", a financial manager and stock expert, a Los Angeles based. I have made more than $65,000 in 6 months under his supervision.

    • @ugtexas6822
      @ugtexas6822 2 роки тому

      I just looked up this person out of curiosity, Surprisingly he seems to be really proficient, I thought this was just some overrated BS, I appreciate this.

  • @mugendimax1985
    @mugendimax1985 4 місяці тому

    Very resourceful information

  • @kamauwilliamk
    @kamauwilliamk 3 роки тому +2

    this was nice ,love it

  • @marynjuguna4729
    @marynjuguna4729 3 роки тому +3

    This has really been helpful. Thanks Rina

  • @irenewaruthi3919
    @irenewaruthi3919 2 роки тому +3

    This has been very informative.Thank you

  • @naomicheres8812
    @naomicheres8812 3 роки тому +2

    New here. Thanks been looking forward to this

  • @justdance3454
    @justdance3454 Рік тому +4

    Thank you so much for this. Premium money literacy Content ❤❤❤

  • @L.S.G194
    @L.S.G194 2 роки тому +1

    I'm really learning!

  • @jkaduda
    @jkaduda 3 роки тому +4

    Do we have indexed funds in Kenya? Mainly to maximise returns by avoiding fund managers in mutual funds

  • @themantrah2359
    @themantrah2359 2 місяці тому

    Thank you Rina!!

  • @catherinenzaina6397
    @catherinenzaina6397 5 місяців тому +1

    So encouraging....

  • @josphatkigotho3841
    @josphatkigotho3841 4 місяці тому

    Very good information

  • @kenmurika2517
    @kenmurika2517 2 роки тому +2

    Great info

  • @aedevices1081
    @aedevices1081 2 роки тому +2

    subscribed!

  • @diphinahkemunto8087
    @diphinahkemunto8087 3 роки тому +1

    Thanks a lot Rina

  • @jeffkido9591
    @jeffkido9591 2 роки тому +1

    Very informative

  • @annitahlesley9754
    @annitahlesley9754 3 роки тому +9

    Withdrawing all my money from a current account

  • @kennymshamba
    @kennymshamba 2 роки тому +2

    No money should stay idle ,,,,,key words

  • @crayfish3629
    @crayfish3629 3 роки тому +3

    Wonderful 🙏🏾

  • @wycliffekijumba4732
    @wycliffekijumba4732 3 роки тому +2

    Am in

  • @petergwanjau9618
    @petergwanjau9618 2 роки тому +1

    Rina am glad to hear you today,which account is best for saving?

    • @MoneyWiseWithRinaHicks
      @MoneyWiseWithRinaHicks  Рік тому

      For the Money market, we have a couple of them such as Sanlam, Britam, Nabo, and CIC

  • @AbdulHassanMatovu
    @AbdulHassanMatovu 4 місяці тому +1

    What about when I joined the xeno investment account and I invested UGX 10k but right now I don't invest monthly will my money reflect on my account? And how safe are low risk investor's money when they invest UGX 10k but don't invest monthly

  • @elvisludoh2595
    @elvisludoh2595 4 місяці тому +1

    How am I knowing this late ,but better late than never.

  • @kennedymwenda3357
    @kennedymwenda3357 3 місяці тому +2

    Do you still recommend Britam MMF they seem to be the worst performing fund?

  • @musael-okene4070
    @musael-okene4070 3 місяці тому

    Thank you so much Rina. Pls, when you invest money in MMF, how do you access it?

  • @AbdulHassanMatovu
    @AbdulHassanMatovu 4 місяці тому +1

    How safe are low risk and high risk investor's money in xeno money market fund when low risk investor invested UGX 10k?

  • @petersonkibara3149
    @petersonkibara3149 Рік тому

    How is old mutual money market,? Thanks for the financial literacy

  • @thequarterlifecrisis5228
    @thequarterlifecrisis5228 3 роки тому +14

    I am curious about how this daily interest works. Does it still end up at 8-10 percent on the capital annually?
    If my sacco currently gives me 14 percent, compounded once a year, how does it compare to the MMF?

  • @anneannie1278
    @anneannie1278 2 роки тому

    Great information. Any reviews on genghis?

  • @peterkmwangi5963
    @peterkmwangi5963 4 місяці тому

    I like your analysis of money growth is without loosing of to inflation. RINA, i'll be visiting kenya this month can i visit your office and can you be my money manager. I have some cd in a local bank there I not wise enough to invest in money mkt.

  • @corryitrend6213
    @corryitrend6213 2 роки тому +1

    Knowledge is freedom

  • @petertonny4380
    @petertonny4380 4 місяці тому

    Im in a cbo group of 105 members and growing.we contribute 1000/- per month and now about 3 million in a banks fixed account.Whats the best way to invest to grow better.thanks for your very educative video

  • @Anggelos876
    @Anggelos876 3 роки тому +2

    This story of The Talents in the Bible lol, but concept is important.

  • @kristie6667
    @kristie6667 2 роки тому +1

    Is she saying NABO CASTLE OR NABO CAPITAL for money market?

  • @willemstudios
    @willemstudios 2 роки тому

    advice me on the best money market fund you use

  • @user-dj6xf6oe9y
    @user-dj6xf6oe9y 6 місяців тому +1

    Thanks Rina

  • @nyamoitaratemo9130
    @nyamoitaratemo9130 3 роки тому +2

    Lets say I invest with an insurance company.Is it me who will keep checking the rates and do the buying and selling or its done by an insurance person?

  • @dancanmirasi9641
    @dancanmirasi9641 26 днів тому

    So which is the best money marketing fund i can invest in ??

  • @ndungusamuel
    @ndungusamuel 2 роки тому

    What about cytonn money market fund, any reviews?

  • @lolumpaeli4633
    @lolumpaeli4633 4 місяці тому +1

  • @karanjawachuka8602
    @karanjawachuka8602 2 роки тому +2

    Amazing content...... There was once you mentioned that you can turn 2500 into millions on an interview with switch TV..... Which company is that.. That can get you there

    • @MoneyWiseWithRinaHicks
      @MoneyWiseWithRinaHicks  2 роки тому

      The calculation was based on investing consistently, every month for 35 years and earning 10% per year. Ensuring that you reinvest all your earnings. If you are consistent you'll get there. The investment options can be varied.

  • @baruby2336
    @baruby2336 2 роки тому +2

    Thanks for the information.
    A quick one;
    Say I have a million Kenya shillings, can I be able to invest in a one-off deposit instead of the monthly deposits?

  • @bredanyambura8072
    @bredanyambura8072 2 роки тому +1

    If there's a book that is had to find is yours Rina.l have searched for it on every text book center but each time they claim it's not in.
    Kindly check on the supply of ur books . Looking forward to reading it. Thank you 😊

    • @MoneyWiseWithRinaHicks
      @MoneyWiseWithRinaHicks  2 роки тому

      Oh no, sad you couldn't get it. You can also buy a copy on Jumia, Rafu Books, Nuria Books, Kindle and Amazon.

    • @bredanyambura8072
      @bredanyambura8072 2 роки тому +1

      @@MoneyWiseWithRinaHicks sawa.
      Thank you 😊