INTRODUCTION TO MONEY MARKET FUNDS AND HOW TO USE THEM

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  • čas přidán 4. 09. 2024
  • WHEN YOU SAVE A LITTLE,BIG THINGS HAPPEN

Komentáře • 311

  • @makemoney362
    @makemoney362 Před 5 měsíci +9

    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 Před 2 lety +78

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

  • @StevoGitz
    @StevoGitz Před 6 měsíci +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.

  • @denisaunga524
    @denisaunga524 Před 3 lety +34

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

    • @lucywanjiku8525
      @lucywanjiku8525 Před 3 lety +2

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

  • @trudeamitchelle5642
    @trudeamitchelle5642 Před 2 lety +8

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

  • @shillahboss9439
    @shillahboss9439 Před 3 lety +11

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

    • @plutolisa622
      @plutolisa622 Před 2 lety +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}

  • @abelnoowe5918
    @abelnoowe5918 Před měsícem +1

    You have earned yourself a new subscriber From Uganda.

  • @kawastevenhope3303
    @kawastevenhope3303 Před 7 měsíci +10

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

  • @Michael-ho5pg
    @Michael-ho5pg Před 3 lety +4

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

  • @lorrainemomanyi363
    @lorrainemomanyi363 Před 2 lety +9

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

  • @TheMilitaryandPolitics1553

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

  • @ruthrazy5283
    @ruthrazy5283 Před 3 lety +12

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

    • @altheaputana1573
      @altheaputana1573 Před 3 lety +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 Před 3 lety +1

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

    • @oneotradefx2180
      @oneotradefx2180 Před 2 lety

      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 Před 2 lety

      @@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 CZcams 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 Před 2 lety

      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.

  • @nells337
    @nells337 Před 5 měsíci +3

    A well composed biblical story love it more

  • @waaloiys2546
    @waaloiys2546 Před 3 lety +11

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

  • @MegaLifeHappiness
    @MegaLifeHappiness Před 4 měsíci

    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

  • @javacodes7586
    @javacodes7586 Před 3 lety +10

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

  • @LaLondonBabe
    @LaLondonBabe Před 3 lety +8

    Thank you Rina for sharing your gems of investment wisdom.

  • @williamthuo7196
    @williamthuo7196 Před 2 lety +3

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

  • @PutielMuriungi
    @PutielMuriungi Před 3 měsíci

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

  • @winnierutahigwa391
    @winnierutahigwa391 Před 4 měsíci +1

    Iam from Uganda and i have appreciated this. Bless u

  • @DrEmmanuelAmukun
    @DrEmmanuelAmukun Před 2 lety +2

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

  • @josphatkerongo8606
    @josphatkerongo8606 Před rokem +1

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

  • @justdance3454
    @justdance3454 Před rokem +4

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

  • @tonywamae3895
    @tonywamae3895 Před 3 lety +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.

  • @fredricknyakuna2842
    @fredricknyakuna2842 Před 2 lety +1

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

  • @j9_njoroge
    @j9_njoroge Před 2 lety +3

    I like your content, very impressive. Thanks!.

  • @johnndongo4486
    @johnndongo4486 Před 25 dny

    Thanks so much i have learnt big lesson

  • @bupemwanza1872
    @bupemwanza1872 Před 2 lety +3

    LEARNING ALOT ON MM THAN I KNEW, THANKS RINA.

  • @wisdomlife
    @wisdomlife Před 2 lety +3

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

  • @dauglasmugodo3430
    @dauglasmugodo3430 Před 2 lety +4

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

  • @jedidahbintidaudi8241
    @jedidahbintidaudi8241 Před 2 lety +3

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

  • @johnndongo4486
    @johnndongo4486 Před 25 dny

    Again blessed big lesson indeed

  • @martinoluoch6
    @martinoluoch6 Před 3 lety +6

    Great and insightful presentation .

  • @un-tell.by.maggiesdiy
    @un-tell.by.maggiesdiy Před 3 lety +10

    I recently found this channel; well, am I glad that CZcams 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

  • @ashakijana1273
    @ashakijana1273 Před rokem +2

    Good stuff for beginners like me.quiet insightful

  • @CollinsOuma-l2l
    @CollinsOuma-l2l Před měsícem

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

  • @cookingideas8407
    @cookingideas8407 Před 3 lety +2

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

  • @dennismicheni1401
    @dennismicheni1401 Před 2 lety +4

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

  • @user-qq1ux2lb6x
    @user-qq1ux2lb6x Před měsícem

    I like your teaching on investment Madam

  • @danielndungundegwa1520
    @danielndungundegwa1520 Před 3 lety +5

    Keep it Short and Simple

  • @williamabuta4837
    @williamabuta4837 Před 3 lety +7

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

  • @annegichanga4000
    @annegichanga4000 Před 3 lety +3

    Thank you for the important information. Learnt Alot.

  • @wilsonowuor6292
    @wilsonowuor6292 Před 3 lety +4

    This is great.. I learn a great deal.

  • @Titusmutunga
    @Titusmutunga Před 5 měsíci

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

  • @fredmagozi5372
    @fredmagozi5372 Před 2 lety +1

    Wow, good knowledge to grow your money

  • @felixotieno255
    @felixotieno255 Před 2 lety +2

    Very informative, Rina. Much appreciation.

  • @nicolenjuguna
    @nicolenjuguna Před 3 lety +4

    Bless you Rina 🙏🙏🙏

  • @annwangui2094
    @annwangui2094 Před rokem +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

  • @kennymshamba
    @kennymshamba Před 2 lety +2

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

  • @derrickwanjala3710
    @derrickwanjala3710 Před 2 lety +2

    Quite informative

  • @elvisludoh2595
    @elvisludoh2595 Před 5 měsíci +1

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

  • @catherinenzaina6397
    @catherinenzaina6397 Před 6 měsíci +1

    So encouraging....

  • @mercymurungi291
    @mercymurungi291 Před 3 lety +3

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

  • @erickalick7555
    @erickalick7555 Před 3 lety +3

    Informative. Thank you!

  • @judyndegwa2598
    @judyndegwa2598 Před 3 lety +2

    Asante Sana..got it!

  • @annitahlesley9754
    @annitahlesley9754 Před 3 lety +9

    Withdrawing all my money from a current account

  • @marynjuguna4729
    @marynjuguna4729 Před 3 lety +3

    This has really been helpful. Thanks Rina

  • @mugendimax1985
    @mugendimax1985 Před 5 měsíci

    Very resourceful information

  • @ashleychepkorir6781
    @ashleychepkorir6781 Před 5 měsíci

    Thank yoi so much,l have learnt a lot

  • @carlosdeniem9326
    @carlosdeniem9326 Před 2 lety +1

    Hi Rina. Thanks for the information.

  • @josphatkigotho3841
    @josphatkigotho3841 Před 5 měsíci

    Very good information

  • @kenmurika2517
    @kenmurika2517 Před 2 lety +2

    Great info

  • @isabenakilonzo3812
    @isabenakilonzo3812 Před 2 lety +1

    Thanks for the information

  • @omarikitula
    @omarikitula Před 3 lety +3

    You deserve my subscription 🔥

  • @datacollector890
    @datacollector890 Před 3 lety +1

    Informative....thanks Rina

  • @irenewaruthi3919
    @irenewaruthi3919 Před 2 lety +3

    This has been very informative.Thank you

  • @noellebomett2191
    @noellebomett2191 Před 2 lety +1

    Great insight

  • @mtotowacucueurobeat
    @mtotowacucueurobeat Před 3 lety +2

    Fantastic

  • @kategitonga6476
    @kategitonga6476 Před 3 lety +3

    Thanks so much...

  • @abimalemba6676
    @abimalemba6676 Před 3 dny

  • @peterkmwangi5963
    @peterkmwangi5963 Před 5 měsíci

    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.

  • @jeffkido9591
    @jeffkido9591 Před 2 lety +1

    Very informative

  • @safinanyachieo18
    @safinanyachieo18 Před 3 lety

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

  • @Mr.Gold4
    @Mr.Gold4 Před 3 měsíci

    Thank you Rina!!

  • @kamauwilliamk
    @kamauwilliamk Před 3 lety +2

    this was nice ,love it

  • @L.S.G194
    @L.S.G194 Před 2 lety +1

    I'm really learning!

  • @AbdulHassanMatovu
    @AbdulHassanMatovu Před 5 měsíci +1

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

  • @alavenderachieng4369
    @alavenderachieng4369 Před 5 měsíci

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

  • @jkaduda
    @jkaduda Před 3 lety +4

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

  • @Anggelos876
    @Anggelos876 Před 3 lety +2

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

  • @thequarterlifecrisis5228
    @thequarterlifecrisis5228 Před 3 lety +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?

  • @user-dj6xf6oe9y
    @user-dj6xf6oe9y Před 7 měsíci +1

    Thanks Rina

  • @petertonny4380
    @petertonny4380 Před 5 měsíci

    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

  • @diphinahkemunto8087
    @diphinahkemunto8087 Před 3 lety +1

    Thanks a lot Rina

  • @periswangui4768
    @periswangui4768 Před rokem +1

    Here 2022
    Dec and I see this just invested in CMMF but I can only see the money I invested

  • @wycliffekijumba4732
    @wycliffekijumba4732 Před 3 lety +2

    Am in

  • @AbdulHassanMatovu
    @AbdulHassanMatovu Před 5 měsíci +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

  • @petergwanjau9618
    @petergwanjau9618 Před 3 lety +1

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

    • @MoneyWiseWithRinaHicks
      @MoneyWiseWithRinaHicks  Před rokem

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

  • @corryitrend6213
    @corryitrend6213 Před 2 lety +1

    Knowledge is freedom

  • @aedevices1081
    @aedevices1081 Před 2 lety +2

    subscribed!

  • @karanjawachuka8602
    @karanjawachuka8602 Před 2 lety +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  Před 2 lety

      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.

  • @Elizabethkingoo
    @Elizabethkingoo Před rokem +2

    Hi Rina......it's very hard to know legit money market plz tag some straight forward ones

    • @MoneyWiseWithRinaHicks
      @MoneyWiseWithRinaHicks  Před rokem +1

      we have a couple but please do your due diligence before onboarding. Sanlam, Nabo, Britam, and CIC

  • @fredricknyakuna2842
    @fredricknyakuna2842 Před 2 lety +4

    How do you invest in money market funds if you are outside the country? And how do you start the process???

  • @naomicheres8812
    @naomicheres8812 Před 3 lety +2

    New here. Thanks been looking forward to this

  • @dancanmirasi9641
    @dancanmirasi9641 Před měsícem

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

  • @musael-okene4070
    @musael-okene4070 Před 4 měsíci

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

  • @crayfish3629
    @crayfish3629 Před 3 lety +3

    Wonderful 🙏🏾

  • @petersonkibara3149
    @petersonkibara3149 Před rokem

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

  • @inspireadream
    @inspireadream Před rokem +4

    Financial literacy has gotten deep into me this year after finishing my 4th year. I can see the video was streamed 2 years ago, I hope I am not too late.😅😅 Is the email you provided in the video still valid? I wanna take action.

  • @audreyawinja3344
    @audreyawinja3344 Před 2 měsíci

    Hi rina which is the best money market to invest in.