@@erickjuma7643 Lol. I have experienced this. I did a 1 minute video enlightening guys on saccos. Told them their shares are non refundable, not even upon exit. My ticktock audience were up in arms calling me a liar. I was called unschooled. I was called mjinga 😂😂😂. Lol. There's a huge information gap. The insults motivated me to do a longer video shading more light on Sacco shares and Sacco savings.
Cytonn MMF is intact...Kenyans jumb into investments without financial literacy just because they have been promised high interests ...Cytonn is a Real Estate company and not a Money market Company its only that they included MMF in their instruments....Cytonn pulls money from investors and invests it in real estate in diverse landscapes like apartments and office suites and such a market does not guarantee liquidity especially when we have massive withdrawals..In Covid everyone is withdrawing funds from CHYS which invests in real estate and you think to get It all back? By normal situation, investments done should provide liquidity at a normal rate not when it's all pressure and everybody exits ...Just show me one Cytonn MMF client who has ever lost money because its a fund that is regulated and has standby liquidity...CPN notes and Cytonn High Yield Solutions are private products and are not regulated and are liable to underlying company conditions and such circumstances such as company liquidation after closure or pandemic happen and risks are what people refer to as loosing funds thank God Cytonn is still kicking and alive after effects of. Covid ...let's criticise institution's on basis of asset under management
@@wafaus5292if you have a bank account in these banks Coop ABSA KCB equity just pay them a visit and ask them whether they have a MMF Accounts of their own ,that's where you will know what you have been missing
The fact that you can use your MMF as collateral to secure financing is awesome 👍🏼
Old mutual and etica my favourite and friendly to start
Where are their offices located.?
Wow this is a good point and very encouraging. That have learned something new
Great learning here. Thanks Angie
Knowledge transforms
T-bills/Bonds are the safest investment vehicle.
Where do we start brother?
@@sailout-africago to CBK
Please explain how
@@sailout-africastart by opening a DhowCSD account. But you need an MMF too for your emergency and shirt term savings
@@sailout-africa start by opening a Dhowcsd account.
Really interesting
Very nice ❤❤
Poverty minded people will say its a scam
Wait for, why should I invest 1m to get this amount of money. Yet their business are struggling. Financial literacy has a long way to go.
It's not poverty mindset, it is a sort of lack of information.
Very true
@@erickjuma7643 Lol. I have experienced this. I did a 1 minute video enlightening guys on saccos. Told them their shares are non refundable, not even upon exit. My ticktock audience were up in arms calling me a liar. I was called unschooled. I was called mjinga 😂😂😂.
Lol. There's a huge information gap.
The insults motivated me to do a longer video shading more light on Sacco shares and Sacco savings.
When the deal is too good think twice
Money market fund is not a good deal,the profit you get is very small...200k per year with an interest of 12% you only get 19k as profit after a year
Bien
Cyton all the way
People lost money there
Are they regulated
Cytonn MMF is intact...Kenyans jumb into investments without financial literacy just because they have been promised high interests ...Cytonn is a Real Estate company and not a Money market Company its only that they included MMF in their instruments....Cytonn pulls money from investors and invests it in real estate in diverse landscapes like apartments and office suites and such a market does not guarantee liquidity especially when we have massive withdrawals..In Covid everyone is withdrawing funds from CHYS which invests in real estate and you think to get It all back? By normal situation, investments done should provide liquidity at a normal rate not when it's all pressure and everybody exits ...Just show me one Cytonn MMF client who has ever lost money because its a fund that is regulated and has standby liquidity...CPN notes and Cytonn High Yield Solutions are private products and are not regulated and are liable to underlying company conditions and such circumstances such as company liquidation after closure or pandemic happen and risks are what people refer to as loosing funds thank God Cytonn is still kicking and alive after effects of. Covid ...let's criticise institution's on basis of asset under management
@@selyne5115yes they are.
@@selyne5115of coz.
HERE COMES ANOTHER SCAM, BE CAREFUL KENYANS
Una akili wa
No it's not a scam.
MMFs aren't scams. It's not a get rich quick scheme
It's not a scam bro. It's just like saying that keeping your money in a savings account is a scam
@@wafaus5292if you have a bank account in these banks Coop ABSA KCB equity just pay them a visit and ask them whether they have a MMF Accounts of their own ,that's where you will know what you have been missing