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09-09-2020

Understanding Compound Interest

Compound interest (or compounding interest) is interest calculated on the initial principal (Initial Investment) plus interest accrued in previous period. To think of it simply, a compound interest is interest on interest. When an investment is made and it generates interest, even more interest is incurred on the generated interest. However, banks work with Simple Interest. Simple interest is […]

Kaetochi Swithin-Nwuba
07-08-2020

INVESTING IN NIGERIA (Series)- Bonds

Greetings from Mainstreet Cap HQ. This is the concluding post on the 4-part series, “Investing in Nigeria”. We have taken you on a journey exploring the meanings of each article and how these investment vehicles help turn a profit. Today, we talk about Bonds and extensively but simply cover what Bonds mean and how investors […]

Kaetochi Swithin-Nwuba
05-08-2020

INVESTING IN NIGERIA (Series)- Money Market Funds

This is the third installment in our 5-part “Investing In Nigeria” series. The first was on “Mutual Funds” and the next “Stock“. Here at Mainstreet Capital, we began this series to get us all more aware of our investment options and get us to a point of financial freedom. Today, we will talk about Money […]

Kaetochi Swithin-Nwuba
24-07-2020

INVESTING IN NIGERIA (Series)- Stock

Stocks are a part of a company. They are an investment in a company and that company’s profits. Investors buy stock to earn a Return On their Investment (ROI). Simply put, when you purchase a company’s stock, you’re purchasing a small piece of that company. Units of stock are called shares.

Kaetochi Swithin-Nwuba
20-07-2020

INVESTING IN NIGERIA (Series)- Mutual Funds

A mutual fund is made up of a pool of money collected from many investors to invest in securities like stocks, bonds, money market instruments, and other assets.

Kaetochi Swithin-Nwuba