I want to invest in a mutual fund this year, but there are too many options and I do not know which one is actually worth it. If I want to choose wisely, which one would you recommend and why?
Investment Strategies
Asked 2 months ago
. Which Nigerian mutual fund are you personally investing in this year, and why?
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R
@RoyRoyal
1
It depends on your risk appetite and goal. If you don't mind a little market swings and non immediate gratification,go for funds that are equity based. You can combine pure equity fund and balanced fund.
If you want to see daily increase and no swing,do money market fund
If you want to see daily increase and no swing,do money market fund