Money Market Funds: How To Make Your Money- Barack Obatsa, Britam

GUEST: Barack Obatsa, CEO, Britam Asset Managers
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[@Frankloredo-z9p]

Biggest lesson i learnt in 2023 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge.

[@Jamesdave-g6m]

Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.

[@Mongarnsamuel]

Uncertainty... it took me 5 years to stop trying to predict what bout to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.

[@Soniajohn-e4g]

Could you kindly elaborate on the advisor's background and qualifications?

[@Mongarnsamuel]

“NICOLE ANASTASIA PLUMLEE’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@Soniajohn-e4g]

Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.

[@Private.developer]

If you're earning little money, you don't have an investing problem, but an earning problem. Fix the income problem first. Period

[@lputaa]

😂😂💔... ukweli

[@amwokamacknol]

Intellectual radio station

[@david_kariuki]

Great content. Thank you

[@lputaa]

Wealth is your mindset!😄 😇🎇

[@weldonkibetkhalif3622]

Kingdom Bank is way much better, in 3 months you will get a rate of 14.5% for money above 1M and 13.5% from 50m to 999k

[@chepkoechednamaywa5287]

How true is this?

[@mallikgraphics5044]

Okay, but how about for someone who wants to start with only 1k?

[@wealthwise247]

​@@mallikgraphics5044even 100 is enough to get you started. Feel encouraged. Start right away and keep topping up as much as you can. You'll experience the magic of compounding

[@jekokello2039]

Where does Kingdom Bank invest the money?

[@wealthwise247]

@@mallikgraphics5044 There are many MMFs with a minimum starting capital of 1k. Etica 100 Cyton 1k Enwealth 1k Lofty Apollo ABSA

[@peterkmwangi5963]

Hey Mr, why so hard to explain how to start by investing 500 , you are just going around and around, put your finger on spot.

[@georgekilonzo5230]

I think he articulated the issue further well

[@okelloomondi5841]

Wonderful presentation.

[@diamond852]

He couldn't answer any question concerning low income earners. At the very beginning he said "you with your 500K." That's an indication of who his target market is.

[@ambrosemutinda7831]

​@@diamond852you start by opening an account with preferred investment institution

[@johnlennyagb_jsav]

They are bankers they are not really accountable for the money you make but they help in a way that the money you put in will profit them too

[@josephwachira-jz4bt]

One question to Barack obatsa, how do you calculate your earnings from the investors or how do you pay yourselves from the services????

[@chelotikundu7754]

From where I sit, I don't think this guy is a qualified asset manager. I think Britam has wrong people in this position and that's why we don't have many people investing with them even after 20years of experience. He is not just dodging questions he does NOT know how to answer them. Not well informed in this , am sure his junior would have done a better job. These are same kind of people we want to get rid of in the management of our resources they don't add value. I am so missed right now...jeeez

[@geraldmurage256]

From the website minimum investment is 1k for money market fund

[@kennedymwenda3357]

That's for the initial investment. Thereafter you can top-up any amount

[@wealthwise247]

@@kennedymwenda3357 true. Plus Etica takes as low as 100 starting deposit

[@eliaslema9674]

I dont believe he explained asset management appropriately, how is the audience supposed to understand the "magic" behind the returns..

[@wealthwise247]

@@eliaslema9674 may have meant to say the magic of compounding. Where money you've earned earns you more money.

[@chelotikundu7754]

He is such a disappointment. He doesn't know how to explain anything. His junior would have sone better by far I think. He needs to go like Ruto and his admin ...we don't want people like him leading and managing our resources. Sad situation really!