He cooked unit trusts at the end 😂

😂 but now what did he cook? This is common knowledge, we invest in unit trusts because they offer security. You can't attack the stock market yourself, why not let someone more seasoned do it for you? Not everyone has the heart that bets on dreams, especially in this economy

I can't advise anyone against unit trusts for stocks. You gotta have a heart of steel and in purely good health to go for stocks, orelse, you'll develop sicknesses you have never heard of.

Trust me you don’t want to gamble with stocks, it is a safer bet to put in Unit trusts than being at the front end of the business. Assured thing is, in unit trust you will see you make money everyday even if there is a loss on their end

Economic stability and business stability in a fragile economy dictate where we invest our money. We don’t have a good stock performance record as a country. The safer the better

I can't gamble my money on a Ugandan startup never

Though spot-on, on the weaknesses of the capital markets, he misdiagnoses the issue at the end with the unit trusts. The developed countries he refers to have more developed mutual funds [are they lazy too?]

Stocks directly invested into r not everyone's cup of tea. People have different risk profiles. Unit trusts r for a certain class if people. Just like stocks are.

At the end of the day, money kept in unit trusts will end to where the owners feared to take risks ie investments in stock and also ends up to making losses even harder as they will lack experience to run their capital in stock now

The science in Unit Trusts is that...those who fear to risk give away their heard earned money to a group willing to risk and make money to give them in return crambs as profits

Highly informed knowledgeable and eloquent,that part where no one buys ur business if u want out, it’s the truth