Before you invest in a Mutual Fund, you need to read the experience of a Nigerian Researcher, Solomon Udoh, so you won’t get your fingers burnt. Udoh invested N10,000 monthly for 10 years only to get less than he would have had if he had just saved the money for that same period.

Udoh’s disclosure provoked reactions from Nigerians who pointed out the problem with Mutual Funds and how to properly invest.

Udoh disclosed his disappointment in a post via his Twitter account, with images to back his claim. In the post, Udoh stated that Nigeria as an entity defies all logic one could possibly think of after his balance from the N10,000 monthly investment of 10 years in ARM Discovery Fund showed N936,621.

Contrary to the expectations of Udoh, a https://nairametrics.com/2019/11/15/mutual-fund-nigerian-investor-discloses-his-10-years-investment-that-nosedived/