I remember you sharing about the 1.8Trn and clearly saying 2Trn mark would soon be hit.
This is testament to the fact that people are embracing alternative investments like Unit Trust funds.
The key drivers are:
1. Continuous financial education.
2. UTs are tax-exempt.
3. UTs offer liquidity.
4. UTs are flexible.
CMA and many other people pushing this financial education including yourself continue to do a good job. This is a combined effort and the 121,000 people that CMA CEO said are investing will also increase since she said, we have barely scratched the surface.
Owning appreciating assets like this is a sure win in a tight economy where inflation is now at 10.25% and with an 11% return UTs still offer way better than savings accounts whose money value get's eroded by inflation.
"If you don't find a way to make money while you sleep," says Warren Bufffet, "You will work until you die."
This also reminds of a saying from a man called cheruiyotkb says, "You can be fired from you job but you can't be fired from your assets."
I remember you sharing about the 1.8Trn and clearly saying 2Trn mark would soon be hit.
This is testament to the fact that people are embracing alternative investments like Unit Trust funds.
The key drivers are:
1. Continuous financial education.
2. UTs are tax-exempt.
3. UTs offer liquidity.
4. UTs are flexible.
CMA and many other people pushing this financial education including yourself continue to do a good job. This is a combined effort and the 121,000 people that CMA CEO said are investing will also increase since she said, we have barely scratched the surface.
Owning appreciating assets like this is a sure win in a tight economy where inflation is now at 10.25% and with an 11% return UTs still offer way better than savings accounts whose money value get's eroded by inflation.
"If you don't find a way to make money while you sleep," says Warren Bufffet, "You will work until you die."
This also reminds of a saying from a man called cheruiyotkb says, "You can be fired from you job but you can't be fired from your assets."
Keep investing in appreciating assets.
Thank you Alex for this message.
Blessings