I will say I am pretty principled when picking my investments. I am also an aggressive investor. Due to my age, I have enough time to accumulate wealth and allow compounding work for me. Firstly, I stay off Ponzi schemes. Next, I always look for opportunities that can beat the prevailing inflation rate of the Naira. This is one of the investment guidelines I have.
When people ask you what do you do, what do you tell them? I am a Medical Laboratory Scientist. Well, still a student. And I am a writer. What does financial wealth mean to you? It’s being able to support myself financially without having to worry about how I’ll manage in the next couple of… Continue reading If I Don’t Understand It, I’m not Doing it. My Name Is Yinka And This Is How I Make My #MoneyRise
Toye shares his investing journey with Rise, by detailing how he started and where he is at the moment.
Investing is important, but in the process of investing, there are money that should not be used to invest. This essay simply explains those kind of money.
In 2020, our stock investment plan returned 40.77% while the real estate while the fixed income plan returned 16% and 10.1% respectively. Anyone seeing this would have wished that they invested all their money in the stock plan to get the maximum return possible. But is that the most efficient way to grow your wealth?
This is the story of Lawal. One weekend, Lawal attended a seminar recently about Personal Finance. At the seminar, the speaker stressed on budgeting as one of the keys to financial freedom and a pathway to gaining control over your finances. Lawal was by the message and he decided to act on it. Before he… Continue reading What To Do If Budgeting Isn’t Working For You
We are always thinking of ways to help you do better with your money, so we’ve compiled our best advice on how to do well financially
It is easier for people to save than invest because savings have virtually no risk and are usually short-term. Unlike investing which carries some risk and should be long-term. Also, with savings, you just put money away but investing means putting money in something and that something requires thought. You want to know that whatever is invested… Continue reading When should I start investing?