I have a third option for you Good Joseph......Invest the 500k in bonds, and then invest the annual 89,500 interest in mmf....per my calculation, you will have 1,570,000 an change by the end of 10 years in your mmf..... do not forget the 500k you have in bonds for a total of 2,070,000 + change....
I opened mmf account and by mistake I selected lock period of 5yrs and I wanted 1yr😢at first I was mad but after few months, the numbers have started increasing crazily. Am now thinking of adding another 5yrs on top.Thank you our teacher good Joseph.
Hi,Sir,😂😂😂I waited for this video for sooooo,long however it was worth the Patience,it paid profusely,no regrets❤❤❤You're regular viewer from South Africa
This's the best video I have ever watched. I have bn waiting to see u calculate. I was very worried thinking mmf is calculated on simple interest but now m so happy. Thanks my teacher
Good Joseph nice video.. Compounding effect is the shortest distance to your wealth goal..compounding a good rate takes 5yrs to double your money and below average rate takes 8yrs to do so...
Wow! That was pretty fast. I saw one of your audience ask you this question yesterday and you told her/him you'd do s video to address and the video is up already. That's beyond amazing Joseph.
Hi, thats a very nice presentation...how about if the bonds pay outs were then put in a mmf twice a year. So that both scenarios there is no direct cash to both investors.
Thanks Mr Good Joseph but that's wonderful but for more,more returns mercy can take the interest from the bond and invest in a MMF every six months ,I can swear John will see dust after 10 year . Mercy will have unbelievable interest .Make that a topic of another day.I am looking forward to religiously do that.😂😂😂
Good presentation, but also list down the assumptions and all scenario's e.g you assumed IFBI investor eats into their interest. they could also opt to reinvest.. you assumed the MMF interest rate is fixed for 10 years, which may not be the case..it can go up or down
Hello Good Joseph.I appreciate for your financial literacy teachings.Like in my case I have invested in two IFBs paying coupons after every three months.I do invest back the coupons by buying the same IFB in the secondary market,a practice I intend to exercise for the next ten years as you have indicated in your example.My question is will the investor in MMF still be ahead of me after the same period?
Sir Good Joseph i acknowledge the fact that,you made me to invest in money market fund.May our good Gracious Lord elevate you.Much love from Doha Qatar, middle east.
The MMf outplayed us walahi😂 at this point will we ever withdraw personally i dont touch it so its longterm and i love the brain game they used in compounding
Thanks Joseph for the great insights, it will be interesting to find out what the figures will be if the IFB coupons are re-invested on an MMF consistently for ten years. So that it's like for like.
@@ymsam09diverse is a good strategy... Even if you have 5mmf account from different companies thats not ideal way to diverse... Invest in other instruments
Thanks Good Joseph for talking what has been on my mind all along ,now next try to talk more about Special funds and fixed funds, Reits and shares and stocks Also about the current trend of economy which is falling drastically us investors the best shares we can try on even if you speak with parables we will understand Poverty is our enemy
Bonds pay coupon interest semi annually; the investor can plough back that interest received into the same bond via the secondary market and benefit from higher compounding!!!
So many assumptions in this. You assume the MMF rate is constant. You are also assuming nobody reinvests the yearly earnings from the bond. Simple mathematics will tell you that if one reinvested the earnings from the bond you would end up with 2.2m if you consider a low 9% interest rate.
After being told that you didnt listen well,all you had to do was to listen to the video again!!!Lets learn to appreciate mentors and not listen to think you know better than him while watching his efforts and dedication😮😮😮Regular viewer from South Africa
I have a third option for you Good Joseph......Invest the 500k in bonds, and then invest the annual 89,500 interest in mmf....per my calculation, you will have 1,570,000 an change by the end of 10 years in your mmf..... do not forget the 500k you have in bonds for a total of 2,070,000 + change....
IFB is tax free. What about MMF? If MMF attracts tax include in your calculations
I opened mmf account and by mistake I selected lock period of 5yrs and I wanted 1yr😢at first I was mad but after few months, the numbers have started increasing crazily. Am now thinking of adding another 5yrs on top.Thank you our teacher good Joseph.
Same😂😂
@@Jenesm nilikuwa nimekasirika sana 😂
Very informative and well explained. Am wiser now.
@@leahnjokik.1450 yeah
Which company did you use
I have been looking for something like this for some time. Thank God I landed on this channel.
Me too
Thankyou sir. Am surely not where I began when I came across one of your videos early this year
Nigerian. Good seeing such teaching.
Learnt alot
Good to have you Oga!
Hi,Sir,😂😂😂I waited for this video for sooooo,long however it was worth the Patience,it paid profusely,no regrets❤❤❤You're regular viewer from South Africa
@@MirriamSofe-yj9pq no Doubt! That's Miriam for you! Still strong and energetic. Thank you very much Darling
I have been following your teachings I think is now hood time to practice them
thank you very much
Better late than never
Boom mercy my name😍😍highly recognised here,,hapa stoki
@@tripplem8188 hahaha. Mercy! Good to have you
Hapa hakuna kutoka😂😂❤
This's the best video I have ever watched. I have bn waiting to see u calculate. I was very worried thinking mmf is calculated on simple interest but now m so happy. Thanks my teacher
👏👏👏👏 much much grateful sir. thank you thank you our coach little did I knew I can make it..am working on it boss ahsante sana 🙏.
Good work Joseph ,I just started investing into mmf this month with little I have Jose
Trust the process,and boom Yu will have a good harvest in due time.
Good Joseph umechanua alot of people me included. Am a diehard fun now. Keep it up.
@@gaichingaesam thank you very much
Waooo quite informative, a good guide in investment. It has really opened my eyes and know why you are always on MMF.
This is amazing Joseph.you are our hero
Good Joseph nice video.. Compounding effect is the shortest distance to your wealth goal..compounding a good rate takes 5yrs to double your money and below average rate takes 8yrs to do so...
Keep up the good work of teaching. Job well done!!
Thanks for answering my question mr.Good Joseph,God bless you abandantly
@@samuelmisiani3722 Amen
Thank you Good Joseph. This was very very timely for me.
This is an eye opener.. thank you
Wow! That was pretty fast. I saw one of your audience ask you this question yesterday and you told her/him you'd do s video to address and the video is up already. That's beyond amazing Joseph.
@@wealthwise247 Absolutely! They are my viewers and am here to serve them .
@@goodjoseph220 as it should be. I'm beyond impressed.
@@goodjoseph220thanks for the service
Joseph as you continue to feed us in Egypt, what does IFB stands for?Niko nje ya Goshen.
Good job sir
INFRASTRUCTURE BOND
@@goodjoseph220 ok Sir.Thank you sana
This was a good, told dad has just repeated the calculations for me. Today it was numbers, i really got it, compound the game changer.thanks
Umenichanua Good Joseph,2025 is my year
Tuko wengi🙏🏿
Me too here.🎉
Great insights, indeed compound interest is the 8th wonder of the world.
Hi, thats a very nice presentation...how about if the bonds pay outs were then put in a mmf twice a year. So that both scenarios there is no direct cash to both investors.
Smart
Very smart😊
Such an eye opener 😊
Ty so much Good Joe .such an eyes opener
Good Joseph I appreciate what you are doing 🎉
Good Joseph is good
Clarity he has shown is cool
Keeping us on toes is your tool
Our lives are now pretty a boom
God bless you
My poem for you
@@alfredobado2047 wow! What gesture! I love this. Straight to my status. 👌👍👍👍
@@goodjoseph220 Welcome Good Joseph
Yours
Alfred the Poet
More will be coming to you for the work you do.
Compound interest the eighth WONDER OF THE WORLD😅😅
You are making me laugh😂😂
great content joseph.
Thanks Mr Good Joseph but that's wonderful but for more,more returns mercy can take the interest from the bond and invest in a MMF every six months ,I can swear John will see dust after 10 year . Mercy will have unbelievable interest .Make that a topic of another day.I am looking forward to religiously do that.😂😂😂
Looks a great way to grow wealth
Good presentation, but also list down the assumptions and all scenario's e.g you assumed IFBI investor eats into their interest. they could also opt to reinvest.. you assumed the MMF interest rate is fixed for 10 years, which may not be the case..it can go up or down
I agree.
Thank you Josee for this knowledge
The bond is superior than Mmf since you can reinvest the interest earned too.
Well elaborated am new here and i feel already a champ
Thank you Joseph. I think now I get it why MMFs are useless if you are going to withdraw the money in two months or even less than 3 years.
To double your money depending on a good rate of mmf around 5yrs u can double your amount
Exactly,long term especially many years,minimum 5 year's,you see value for your 💰
Hello Good Joseph.I appreciate for your financial literacy teachings.Like in my case I have invested in two IFBs paying coupons after every three months.I do invest back the coupons by buying the same IFB in the secondary market,a practice I intend to exercise for the next ten years as you have indicated in your example.My question is will the investor in MMF still be ahead of me after the same period?
Keep doing that brother! Maths of MM compounding is flawed in the scenario!
Wow, great work.@ GJ
The formula is principal (1+interst rate) power to the number years
Sir Good Joseph i acknowledge the fact that,you made me to invest in money market fund.May our good Gracious Lord elevate you.Much love from Doha Qatar, middle east.
Me too,thanks to tutor Joseph
Amen. Thank you very much
Thank you joseph
Watching from malindi Kenya
God Joseph,you make my life so simple,Congratulations..............................
The main missing point in this calculation is that interest from MMF is reinvested but the interest from bonds is not. Comparing apples for oranges
The MMf outplayed us walahi😂 at this point will we ever withdraw personally i dont touch it so its longterm and i love the brain game they used in compounding
Thank you so much good Joseph for this information
Thanks Joseph for the great insights, it will be interesting to find out what the figures will be if the IFB coupons are re-invested on an MMF consistently for ten years. So that it's like for like.
Good Joseph address this one .looking forward as well
Thank you teacher. Have
Hehe the difference in compounding annually over monthly is over 100k...
Thanks so much the formula was amazing ad easy to understand....❤❤❤❤
Mmf is the way to go, Remember the MMF % 12 what about 14%
And our financial life is easy with good Joseph.Thanks alot
@@lucymwangi-hv1emtheorogically 😂
Another point of view: buy bonds and compound its returns. Like, 89500 obtained from ifb, just reinvest in mmf or TBills
that is being smart
Nice idea, am learning.
It's indeed easy to become a millionare
Why go via bonds ..? And not directly to mmf?
@@ymsam09diverse is a good strategy... Even if you have 5mmf account from different companies thats not ideal way to diverse... Invest in other instruments
@@ymsam09bonds got higher returns
Learning ✍️
Thanks Good Joseph for talking what has been on my mind all along ,now next try to talk more about Special funds and fixed funds,
Reits and shares and stocks
Also about the current trend of economy which is falling drastically us investors the best shares we can try on even if you speak with parables we will understand
Poverty is our enemy
Great suggestion!
@@goodjoseph220 waiting for the episode
Bonds pay coupon interest semi annually; the investor can plough back that interest received into the same bond via the secondary market and benefit from higher compounding!!!
How does kenyans working in qatar invest in mmf is it easy or hard
Am in Rwanda I follow you bro
So many assumptions in this. You assume the MMF rate is constant. You are also assuming nobody reinvests the yearly earnings from the bond. Simple mathematics will tell you that if one reinvested the earnings from the bond you would end up with 2.2m if you consider a low 9% interest rate.
The only issue now is that the rates are now going down. Then MMF one has to consider the tax n the management fees.
The power of compounding
But the IFB is safe in the long run comparef to MFF when is comes to staffs like inflation and such
Thank you
Is money market interest constant @12%?
Joseph aliwin pulse nimekua offline kwa muda xx niko curious
@@loyce39 soon coming
Msee anichanue,which is the best mmf to invest with....
Compare many banks at which interested is offered,from there Yu compare
You compare and do some research ,there is no best.
Thank you so much for your advice, but my question is what about if you only have as little as 50k how can you invest it and where?
Do Treasury bills also offer Simple Interest instead of compound?
Hi Sir,you forgot the withholding tax in MMF
you didnt listen well
Really. Could be hidden in your secret calculation part then
@@rachelagak5762 no. I have said loud and clear. Interest in mmf is 15% 3% goes to deductions left with 12% .
After being told that you didnt listen well,all you had to do was to listen to the video again!!!Lets learn to appreciate mentors and not listen to think you know better than him while watching his efforts and dedication😮😮😮Regular viewer from South Africa
@@MirriamSofe-yj9pq Be gentle. We're all learning. He's explained to me and I appreciate.
Was your comment necessary after he explained?
True
The assumption here is that the MMF interest will stay constant for 10 years which is not correct!!
Mercy will win provided she reinvest the coupons 😅 make the conditions the same, 10 years without withdraw
Most of Mmfs have their own automatic calculator
Assume mercy is also investing the interest on Mmf. Would she still catch up with John?
Good information just like Good Joseph
Thank you so much Good Joseph. Enjoying this video from Lagos, Nigeria.
You are very welcome
Must one keep for 10 years can't it b one year or 2 years
@@AnnNgigi-np3xu not a must
The longer the better cos that is where you will see the magic of compounding.
Great
I'm watching from Ruaka, this is very important
asante sana
Mmf make it 14% brother
understand the video
All the same you are doing a very good job.
12% on average. He said estimated percentage.
Why not buy bitcoin and HODL for 2 full cycles?
Are you factoring 15%tax on mmf interest or it's taken care by considering the low rate of 12%?
Btw you got me hooked on mmf.... am not thinking of rentals1😊😊
Ifb ni what
Infrastructure bonds
you have gainned a subsscriber
Nyc1
Could you please show us the calculation for someone who invested in the IFB with a reducing balance? Thanks
I got your number. However, you didn't pick up my calls more than 3 times.
@@jacksonodhiamboonyukah.6853 text on WhatsApp
Mmf all the way
Add that you didn't deliberately select John as the smarter one but just a random selection. Otherwise, you might be viewed as a male chauvinist.
Wrong calculation. I follow and learn a lot from lectures. But on this one you are wrong Sir.
16:33 thank you Gj
Enlighten me how to invest in ifb.pls
Like how to open an acc