South African Investment Platform | Investing with Franc for the 1st time | Investing for beginners

Hi!
On this video I will be sharing with you my first time investing with Franc a South African Investment platform that aims to make it easy to invest. This is a great App for beginner investors as it does not require you to pick any stocks or ETF’s. I hope you enjoy the video.
[Social]
Lets connect on my personal instagram page @nxumalojennifer
Instagram business account @indoni_crown_care
Website: www.indonicrwoncare.com

Пікірлер: 77

  • @pinkypmasiza1615
    @pinkypmasiza1615 Жыл бұрын

    I absolutely love your authetic content

  • @JennNxumalo

    @JennNxumalo

    Жыл бұрын

    Thank you so much sis ❤️

  • @nonhlanhlashabangu3924
    @nonhlanhlashabangu39242 жыл бұрын

    Thanks dear ❤️ investment made easy 🥰 clearly explained straight to the point. simple 🧡 Keep up the good work

  • @JennNxumalo

    @JennNxumalo

    2 жыл бұрын

    Hi! Nonhlanhla, thank you so much for watching and the feedback. Franc has made it very easy for anyone to start investing indeed,

  • @zukiswasiyata101
    @zukiswasiyata1012 жыл бұрын

    Hey Jen I am signing up now. Thanks. I enjoy ur content.

  • @JennNxumalo

    @JennNxumalo

    2 жыл бұрын

    I have an update video on Franc coming up on Sunday, thank you so much.

  • @shorti2370
    @shorti23702 жыл бұрын

    Loved this video.Deposited money and subscribed😍😍

  • @JennNxumalo

    @JennNxumalo

    2 жыл бұрын

    😂😂 thank you

  • @miss-velani
    @miss-velani2 жыл бұрын

    Jen this was so informative. Thank you so much

  • @JennNxumalo

    @JennNxumalo

    2 жыл бұрын

    Thank you for always watching hun.

  • @kholiswayona782
    @kholiswayona782 Жыл бұрын

    You are beautiful even your heart, thank you for sharing your knowledge..

  • @JennNxumalo

    @JennNxumalo

    Жыл бұрын

    Thank you so much Kholiswa ❤️

  • @thandolwethuradebe-kq9fc
    @thandolwethuradebe-kq9fc Жыл бұрын

    You are the best the way you explain is top notch🏆😩

  • @JennNxumalo

    @JennNxumalo

    Жыл бұрын

    Thank you so much 🥰

  • @SheillaSibanda
    @SheillaSibanda2 жыл бұрын

    Thank you so much for sharing so informative 🥰🥰 Please do an emergency fund as well

  • @JennNxumalo

    @JennNxumalo

    2 жыл бұрын

    I will do so, thank you so much.

  • @spm9130
    @spm91302 жыл бұрын

    I followed your advice! Yeah 🥂👏🏽👏🏽👏🏽👏🏽

  • @JennNxumalo

    @JennNxumalo

    2 жыл бұрын

    How is it going?

  • @spm9130

    @spm9130

    2 жыл бұрын

    @@JennNxumalo Very well so far, I can’t complain! We will see with time. 💞

  • @modikoakoena250
    @modikoakoena250 Жыл бұрын

    Really wanted to use this App but there was nothing to invest,hope to start soon... your channel is so real and educational 😊❤️

  • @JennNxumalo

    @JennNxumalo

    Жыл бұрын

    I am always happy to help 😍👌🏿

  • @boitumelomaboa4239
    @boitumelomaboa4239 Жыл бұрын

    Thank you for the information. I downloaded the app a month ago. Now I understand the app better

  • @JennNxumalo

    @JennNxumalo

    Жыл бұрын

    So happy this video was helpful 🥰👌🏿

  • @spm9130
    @spm91302 жыл бұрын

    I will definitely try it sibone!

  • @JennNxumalo

    @JennNxumalo

    2 жыл бұрын

    It an interesting way to investing and it makes it easy, do try it out.

  • @denisemphahlele
    @denisemphahlele4 ай бұрын

    I wish i came across this video two years ago

  • @pertuniamhlayivana8717
    @pertuniamhlayivana8717 Жыл бұрын

    Thank you!

  • @JennNxumalo

    @JennNxumalo

    Жыл бұрын

    🥰❤️its a pleasure.

  • @ntombezinhlenzama
    @ntombezinhlenzama2 жыл бұрын

    Thank you this is useful. I’ve downloaded the app. I hope they pay you for this!!😅

  • @JennNxumalo

    @JennNxumalo

    2 жыл бұрын

    😂😂😂 maybe one day they will thank me. 😍

  • @user-gz7du9ux2f
    @user-gz7du9ux2f Жыл бұрын

    GOOD MOVE.

  • @JennNxumalo

    @JennNxumalo

    Жыл бұрын

    Thank you

  • @user-gz7du9ux2f

    @user-gz7du9ux2f

    Жыл бұрын

    @@JennNxumalo YOU ARE WELCOMED.

  • @sibusisoswartbooi6430
    @sibusisoswartbooi64302 жыл бұрын

    Hi sis’ just discovered your page. I noticed that in Franc there’s no TFSA. I would have loved to start there

  • @JennNxumalo

    @JennNxumalo

    2 жыл бұрын

    Yes they do not, they are a new platform and are still developing. I am sure one day they will have it.

  • @sibusisoswartbooi6430

    @sibusisoswartbooi6430

    2 жыл бұрын

    @@JennNxumalo Got you

  • @ThabisoChasiwe
    @ThabisoChasiweАй бұрын

    Does it have interest?

  • @munchi8
    @munchi8 Жыл бұрын

    This app is so much easier and user friendly than Easy Equities. How do i add more than one goal?

  • @JennNxumalo

    @JennNxumalo

    Жыл бұрын

    Yes, so use friendly. You can only create one goal currently.

  • @bonganifunzo6905
    @bonganifunzo6905 Жыл бұрын

    Hello sis So can I ask how you deposited your money directly to the franc app ?

  • @JennNxumalo

    @JennNxumalo

    Жыл бұрын

    On the app you can set up a direct deposit on the deposit section they explain the process there.

  • @sirizihindula
    @sirizihindula2 жыл бұрын

    How soon does EFT deposit clear?

  • @JennNxumalo

    @JennNxumalo

    2 жыл бұрын

    It depends when you do it, if you do it Friday it will reflect on Monday. If you do it during the week it after one day I think.

  • @SheillaSibanda
    @SheillaSibanda2 жыл бұрын

    So plus or minus how much will be the money that you have invested for that period

  • @JennNxumalo

    @JennNxumalo

    2 жыл бұрын

    By 2023 November I should have invested R30000.

  • @nsizwawiseman3177
    @nsizwawiseman317711 ай бұрын

    Hey ses Jennifer. I would like to ask how long does it take for money to reflect in franc app from capitec because I deposited today morning but on my franc app it still R0.00

  • @JennNxumalo

    @JennNxumalo

    11 ай бұрын

    It takes up to three working days. Expect it to reflect on Tuesday given that its a weekend now.

  • @nsizwawiseman3177

    @nsizwawiseman3177

    11 ай бұрын

    @JennNxumalo Thanks dear it has reflected...

  • @Itmepaolo
    @Itmepaolo2 жыл бұрын

    Hello.. how do I invest?

  • @JennNxumalo

    @JennNxumalo

    2 жыл бұрын

    Hi! If you go through the video I do share in detail how you go about investing. I think it will help.

  • @TselisoMolehe
    @TselisoMolehe23 күн бұрын

    Is Franc available in foreign countries. I am in Lesotho?

  • @JennNxumalo

    @JennNxumalo

    6 күн бұрын

    I think for now it’s available in Namibia

  • @simphiwedumakude9888
    @simphiwedumakude98882 жыл бұрын

    Mama,awusho hambakahle leshandisi??

  • @JennNxumalo

    @JennNxumalo

    2 жыл бұрын

    I think its one of those investing platforms okumele uzizamele yona. So far I love it.

  • @robertpolite1223
    @robertpolite1223 Жыл бұрын

    Can they convert usd to Rand…

  • @JennNxumalo

    @JennNxumalo

    Жыл бұрын

    I do not think you can do so, money must already be in rands by the time you deposit it.

  • @bongekilenhleko7099
    @bongekilenhleko7099 Жыл бұрын

    Hello Jen...am in Swaziland. Can I invest with Franc?

  • @JennNxumalo

    @JennNxumalo

    Жыл бұрын

    Yes, I think so. However, you might need one of the SA bank account to be able to send and receive money. But do check their website to confirm or better yet drop @franapp an DM on Instagram to confirm. They respond.

  • @bongekilenhleko7099

    @bongekilenhleko7099

    Жыл бұрын

    @@JennNxumalo they are asking me for a referral code

  • @SheillaSibanda
    @SheillaSibanda2 жыл бұрын

    Have you withdrawn from these investments?

  • @JennNxumalo

    @JennNxumalo

    2 жыл бұрын

    No, I only just made my first deposit.

  • @SheillaSibanda
    @SheillaSibanda2 жыл бұрын

    What are the pros n cons for early withdrawal?

  • @JennNxumalo

    @JennNxumalo

    2 жыл бұрын

    I do not know yet, its my first time using the App. I won’t be withdrawing it anytime soon.

  • @JennNxumalo

    @JennNxumalo

    2 жыл бұрын

    I do not know yet, its my first time using the App. I won’t be withdrawing it anytime soon.

  • @anatasciamohlomi2766
    @anatasciamohlomi27669 ай бұрын

    Hi dear, is it possible to get your contact details for further coaching?

  • @JennNxumalo

    @JennNxumalo

    9 ай бұрын

    Please send me an email on jen@jennifernxumalo.com

  • @Jayspitter
    @Jayspitter2 жыл бұрын

    thanks @Jennifer Nxumalo

  • @JennNxumalo

    @JennNxumalo

    2 жыл бұрын

    Thank you.

  • @Babalwa_n
    @Babalwa_n9 ай бұрын

    Hi, whats the difference in doing this and just having a bank take that amount from your account and put it into savings? Because 1210 x 24 months is 29000+- and franc uthi ull get 30000 in 2 years?? That more or less the same? Im confused

  • @JennNxumalo

    @JennNxumalo

    9 ай бұрын

    The calculator does not count the possible interest as it can not predict this. The calculator is for you to understand how much you need to put in every month in order to get to your goal. The difference from a normal savings account and Franc is that with Franc you are saving and investing and this chances of getting better interest compared to the bank are much higher. With a normal savings account you are just putting money away but likey to get a very small interest from it. Lastly with Franc there are no penalty fees if you decide to withdraw some or all of your money before 2 years, at the bank if you want money that you fixed before the 2years you will incur penalties will will eat away at all your interest and your principle amount. Franc is not just a savings platform, they are a savings and investment platform.

  • @Babalwa_n

    @Babalwa_n

    9 ай бұрын

    @@JennNxumalo oh wow thank you for explaining, that sounds great. I'm about to download the app and try all this you mentioned. As well as also trying your cash stuffing method coz yhuuu I need it. Just found your channel an hour ago and I'm binge watching everything. #newsubbie

  • @avelavivimatshoba9054

    @avelavivimatshoba9054

    5 ай бұрын

    😅

  • @deephousethatarap4214
    @deephousethatarap4214 Жыл бұрын

    Hi sis I was wondering since I'm trying to save money using insurance so now i was going through my savings to check right . What's I discovered is that the money is still small . But what's I need from you is to advise me where else can I put the money to and have better future for my children s

  • @JennNxumalo

    @JennNxumalo

    Жыл бұрын

    Hi! Sis, not speaking as a financial advisor, look into Allen Gray, Investec, and Franc Group.

  • @deephousethatarap4214

    @deephousethatarap4214

    Жыл бұрын

    @@JennNxumalo .. so into Allen Gray and Investec

  • @puseletsoboikanyo4091
    @puseletsoboikanyo40914 ай бұрын

    Where to start Frank app help I want to subscribe join you

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