Investment

I Feel That Money Market Fund is Overrated

Chris

For those who have tried investing with our commercial banks in a Money Market Fund plan, how much have you been able to earn in interest?

I have had an experience with one bank in the country and I am disappointed. With Ksh 5000 in two month, you can only earn between Sh 65 and Sh 85 interest? Is this something we can debate about?

Anyway, investment experts will tell you that MMF is not supposed to be short term and do not put your money there and continue dreaming about it on a daily basis. Make your deposit and go away for years.

Tech-Prenuer, Founder / Proficient Writer

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