When Emeka got his first job in Lagos, he was all about the grind. 9 to 5 by day, side hustle by night. After a few months, he had saved a decent amount and started looking for ways to grow his money. A friend mentioned the ARM Money Market Fund and how it was “low risk and better than savings.” That was all Emeka needed to hear. He jumped right in.
Fast forward to a year later, Emeka learned some key lessons the hard way. If you’re thinking of investing in a Money Market Fund or just started like Emeka once did, here are three things he wishes he knew earlier:
It’s Not a Get-Rich-Quick Scheme
When Emeka first saw the estimated returns, he thought, “Ah, I’ll be making big money in no time!” But after the first few months, the small, steady growth frustrated him. He didn’t realise that ARM Money Market Fund is designed for stability and preservation, not flashy gains. If you’re expecting to double your capital in three months, this isn’t it. But if you’re seeking a safe place to park your money and beat inflation, you’re in the right place.
Interest Is Usually Compounded Daily, Not Monthly
Emeka thought interest would drop in his account every 30 days like clockwork. But he later found out that most Money Market Funds calculate interest daily and pay out monthly. This is great if you understand it, your returns grow faster when you leave your money untouched. Unfortunately, Emeka was withdrawing frequently and missed out on a lot of potential gains.
Liquidity Is Great, But Don’t Treat It Like a Bank Account
One thing that excited Emeka was that he could withdraw his money whenever he wanted. He loved the flexibility… a little too much. Any small expense, and he’d pull out funds. It wasn’t until he set up a discipline plan, automating monthly top-ups and avoiding unnecessary withdrawals, that he started seeing real growth.
Today, Emeka still invests in the ARM Money Market Fund, but with a smarter strategy. He knows it’s not about quick wins, but consistent steps toward financial stability.
Want to start your money growth journey like Emeka (but smarter)?
Download the ARM One app today and start investing. You’re just a few clicks away from your journey to financial freedom. Remember, consistency is key.
