INTRODUCTION TO MONEY MARKET FUNDS AND HOW TO USE THEM

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  • เผยแพร่เมื่อ 7 ต.ค. 2020
  • WHEN YOU SAVE A LITTLE,BIG THINGS HAPPEN
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ความคิดเห็น • 303

  • @makemoney362
    @makemoney362 4 หลายเดือนก่อน +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 ปีที่แล้ว +76

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

  • @LaLondonBabe
    @LaLondonBabe 3 ปีที่แล้ว +8

    Thank you Rina for sharing your gems of investment wisdom.

  • @denisaunga524
    @denisaunga524 3 ปีที่แล้ว +34

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

    • @lucywanjiku8525
      @lucywanjiku8525 3 ปีที่แล้ว +2

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

  • @Michael-ho5pg
    @Michael-ho5pg 2 ปีที่แล้ว +4

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

  • @trudeamitchelle5642
    @trudeamitchelle5642 ปีที่แล้ว +8

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

  • @javacodes7586
    @javacodes7586 3 ปีที่แล้ว +10

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

  • @annegichanga4000
    @annegichanga4000 3 ปีที่แล้ว +3

    Thank you for the important information. Learnt Alot.

  • @wilsonowuor6292
    @wilsonowuor6292 3 ปีที่แล้ว +4

    This is great.. I learn a great deal.

  • @DrEmmanuelAmukun
    @DrEmmanuelAmukun ปีที่แล้ว +2

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

  • @martinoluoch6
    @martinoluoch6 3 ปีที่แล้ว +6

    Great and insightful presentation .

  • @lorrainemomanyi363
    @lorrainemomanyi363 2 ปีที่แล้ว +9

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

  • @j9_njoroge
    @j9_njoroge 2 ปีที่แล้ว +3

    I like your content, very impressive. Thanks!.

  • @StevoGitz
    @StevoGitz 5 หลายเดือนก่อน +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 หลายเดือนก่อน +1

      I wish I had this knowledge beforehand

  • @waaloiys2546
    @waaloiys2546 3 ปีที่แล้ว +10

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

  • @felixotieno255
    @felixotieno255 2 ปีที่แล้ว +2

    Very informative, Rina. Much appreciation.

  • @fredricknyakuna2842
    @fredricknyakuna2842 2 ปีที่แล้ว +1

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

  • @MegaLifeHappiness
    @MegaLifeHappiness 3 หลายเดือนก่อน

    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

  • @bupemwanza1872
    @bupemwanza1872 2 ปีที่แล้ว +3

    LEARNING ALOT ON MM THAN I KNEW, THANKS RINA.

  • @erickalick7555
    @erickalick7555 3 ปีที่แล้ว +3

    Informative. Thank you!

  • @nells337
    @nells337 4 หลายเดือนก่อน +3

    A well composed biblical story love it more

  • @williamabuta4837
    @williamabuta4837 3 ปีที่แล้ว +7

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

  • @josphatkerongo8606
    @josphatkerongo8606 ปีที่แล้ว +1

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

  • @wisdomlife
    @wisdomlife 2 ปีที่แล้ว +3

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

  • @shillahboss9439
    @shillahboss9439 2 ปีที่แล้ว +11

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

    • @plutolisa622
      @plutolisa622 2 ปีที่แล้ว +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}

  • @PutielMuriungi
    @PutielMuriungi หลายเดือนก่อน

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

  • @fredmagozi5372
    @fredmagozi5372 2 ปีที่แล้ว +1

    Wow, good knowledge to grow your money

  • @jedidahbintidaudi8241
    @jedidahbintidaudi8241 2 ปีที่แล้ว +3

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

  • @nicolenjuguna
    @nicolenjuguna 3 ปีที่แล้ว +4

    Bless you Rina 🙏🙏🙏

  • @marthamokogoti7431
    @marthamokogoti7431 3 ปีที่แล้ว +3

    Quite informative

  • @carlosdeniem9326
    @carlosdeniem9326 2 ปีที่แล้ว +1

    Hi Rina. Thanks for the information.

  • @Titusmutunga
    @Titusmutunga 4 หลายเดือนก่อน

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

  • @un-tell.by.maggiesdiy
    @un-tell.by.maggiesdiy 3 ปีที่แล้ว +10

    I recently found this channel; well, am I glad that TH-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

  • @annwangui2094
    @annwangui2094 ปีที่แล้ว +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

  • @judyndegwa2598
    @judyndegwa2598 3 ปีที่แล้ว +2

    Asante Sana..got it!

  • @ruthrazy5283
    @ruthrazy5283 2 ปีที่แล้ว +12

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

    • @altheaputana1573
      @altheaputana1573 2 ปีที่แล้ว +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 ปีที่แล้ว +1

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

    • @oneotradefx2180
      @oneotradefx2180 2 ปีที่แล้ว

      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 ปีที่แล้ว

      @@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 TH-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 ปีที่แล้ว

      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.

  • @omarikitula
    @omarikitula 2 ปีที่แล้ว +3

    You deserve my subscription 🔥

  • @mercymurungi291
    @mercymurungi291 2 ปีที่แล้ว +3

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

  • @danielndungundegwa1520
    @danielndungundegwa1520 3 ปีที่แล้ว +5

    Keep it Short and Simple

  • @dennismicheni1401
    @dennismicheni1401 2 ปีที่แล้ว +4

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

  • @williamthuo7196
    @williamthuo7196 2 ปีที่แล้ว +3

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

  • @mtotowacucueurobeat
    @mtotowacucueurobeat 3 ปีที่แล้ว +2

    Fantastic

  • @cookingideas8407
    @cookingideas8407 2 ปีที่แล้ว +2

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

  • @ashakijana1273
    @ashakijana1273 ปีที่แล้ว +2

    Good stuff for beginners like me.quiet insightful

  • @dauglasmugodo3430
    @dauglasmugodo3430 2 ปีที่แล้ว +4

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

  • @kamauwilliamk
    @kamauwilliamk 3 ปีที่แล้ว +2

    this was nice ,love it

  • @isabenakilonzo3812
    @isabenakilonzo3812 2 ปีที่แล้ว +1

    Thanks for the information

  • @user-qq1ux2lb6x
    @user-qq1ux2lb6x 2 วันที่ผ่านมา

    I like your teaching on investment Madam

  • @datacollector890
    @datacollector890 2 ปีที่แล้ว +1

    Informative....thanks Rina

  • @winnierutahigwa391
    @winnierutahigwa391 2 หลายเดือนก่อน +1

    Iam from Uganda and i have appreciated this. Bless u

  • @TheMilitaryandPolitics1553
    @TheMilitaryandPolitics1553 2 ปีที่แล้ว +5

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

  • @CollinsOuma-l2l
    @CollinsOuma-l2l 3 วันที่ผ่านมา

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

  • @kategitonga6476
    @kategitonga6476 3 ปีที่แล้ว +3

    Thanks so much...

  • @noellebomett2191
    @noellebomett2191 2 ปีที่แล้ว +1

    Great insight

  • @naomicheres8812
    @naomicheres8812 3 ปีที่แล้ว +2

    New here. Thanks been looking forward to this

  • @ashleychepkorir6781
    @ashleychepkorir6781 3 หลายเดือนก่อน

    Thank yoi so much,l have learnt a lot

  • @tonywamae3895
    @tonywamae3895 3 ปีที่แล้ว +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.

  • @mugendimax1985
    @mugendimax1985 3 หลายเดือนก่อน

    Very resourceful information

  • @marynjuguna4729
    @marynjuguna4729 3 ปีที่แล้ว +3

    This has really been helpful. Thanks Rina

  • @safinanyachieo18
    @safinanyachieo18 3 ปีที่แล้ว

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

  • @justdance3454
    @justdance3454 ปีที่แล้ว +4

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

  • @catherinenzaina6397
    @catherinenzaina6397 5 หลายเดือนก่อน +1

    So encouraging....

  • @irenewaruthi3919
    @irenewaruthi3919 2 ปีที่แล้ว +2

    This has been very informative.Thank you

  • @kawastevenhope3303
    @kawastevenhope3303 5 หลายเดือนก่อน +10

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

  • @L.S.G194
    @L.S.G194 2 ปีที่แล้ว +1

    I'm really learning!

  • @kenmurika2517
    @kenmurika2517 2 ปีที่แล้ว +2

    Great info

  • @jeffkido9591
    @jeffkido9591 2 ปีที่แล้ว +1

    Very informative

  • @crayfish3629
    @crayfish3629 3 ปีที่แล้ว +3

    Wonderful 🙏🏾

  • @jkaduda
    @jkaduda 3 ปีที่แล้ว +4

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

  • @josphatkigotho3841
    @josphatkigotho3841 3 หลายเดือนก่อน

    Very good information

  • @diphinahkemunto8087
    @diphinahkemunto8087 2 ปีที่แล้ว +1

    Thanks a lot Rina

  • @aedevices1081
    @aedevices1081 2 ปีที่แล้ว +2

    subscribed!

  • @kennymshamba
    @kennymshamba ปีที่แล้ว +2

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

  • @themantrah2359
    @themantrah2359 หลายเดือนก่อน

    Thank you Rina!!

  • @wycliffekijumba4732
    @wycliffekijumba4732 3 ปีที่แล้ว +2

    Am in

  • @unlimihub254
    @unlimihub254 2 ปีที่แล้ว +1

    Late to the party but I'm sure I will catch up quick😃

  • @corryitrend6213
    @corryitrend6213 2 ปีที่แล้ว +1

    Knowledge is freedom

  • @anneannie1278
    @anneannie1278 2 ปีที่แล้ว

    Great information. Any reviews on genghis?

  • @petergwanjau9618
    @petergwanjau9618 2 ปีที่แล้ว +1

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

    • @MoneyWiseWithRinaHicks
      @MoneyWiseWithRinaHicks  ปีที่แล้ว

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

  • @musael-okene4070
    @musael-okene4070 3 หลายเดือนก่อน

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

  • @kennedymwenda3357
    @kennedymwenda3357 3 หลายเดือนก่อน +2

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

  • @lolumpaeli4633
    @lolumpaeli4633 4 หลายเดือนก่อน +1

  • @AbdulHassanMatovu
    @AbdulHassanMatovu 4 หลายเดือนก่อน +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

  • @thequarterlifecrisis5228
    @thequarterlifecrisis5228 2 ปีที่แล้ว +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?

  • @petersonkibara3149
    @petersonkibara3149 ปีที่แล้ว

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

  • @annitahlesley9754
    @annitahlesley9754 3 ปีที่แล้ว +9

    Withdrawing all my money from a current account

  • @elvisludoh2595
    @elvisludoh2595 3 หลายเดือนก่อน +1

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

  • @peterkmwangi5963
    @peterkmwangi5963 3 หลายเดือนก่อน

    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.

  • @user-dj6xf6oe9y
    @user-dj6xf6oe9y 5 หลายเดือนก่อน +1

    Thanks Rina

  • @Anggelos876
    @Anggelos876 3 ปีที่แล้ว +2

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

  • @ndungusamuel
    @ndungusamuel 2 ปีที่แล้ว

    What about cytonn money market fund, any reviews?

  • @AbdulHassanMatovu
    @AbdulHassanMatovu 4 หลายเดือนก่อน +1

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

  • @baruby2336
    @baruby2336 2 ปีที่แล้ว +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?

    • @davidngari8895
      @davidngari8895 ปีที่แล้ว

      seem this important question went answered. I would like to know the best answer for this. can Rina kindly see this

    • @MoneyWiseWithRinaHicks
      @MoneyWiseWithRinaHicks  ปีที่แล้ว

      yes

  • @bredanyambura8072
    @bredanyambura8072 2 ปีที่แล้ว +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 ปีที่แล้ว

      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 ปีที่แล้ว +1

      @@MoneyWiseWithRinaHicks sawa.
      Thank you 😊

  • @alavenderachieng4369
    @alavenderachieng4369 3 หลายเดือนก่อน

    watching this 3 years later......wish I started earlier

  • @nyamoitaratemo9130
    @nyamoitaratemo9130 3 ปีที่แล้ว +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?

  • @karanjawachuka8602
    @karanjawachuka8602 2 ปีที่แล้ว +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 ปีที่แล้ว

      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.

  • @petertonny4380
    @petertonny4380 3 หลายเดือนก่อน

    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

  • @kristie6667
    @kristie6667 2 ปีที่แล้ว +1

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

  • @nancykerema-mv1ty
    @nancykerema-mv1ty หลายเดือนก่อน

    Which mmf is available out there that I can work with?