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.
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?
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?
It’s the season of love and we know most of us are already gearing towards the 14th. So in line with this, we will be discussing how to talk about money with your partner, and how to achieve your financial goals as a couple. For those who aren’t married yet, please marry someone who is… Continue reading How to Talk About Money With Your Partner Without Having An Argument
It’s okay to want to have all the fun you can in December. It’s been a stressful year; December, just before the new year and decade starts is the best time to unwind and get some rest. But it’s never the best time to make financial decisions you’ll regret in January or the rest of… Continue reading How Detty Should Your December Be?