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 lessons from legendary investors. These lessons needed to thrive as an investor are not new, they only need to be learned over and over again.
Fraud isn’t new and can be dated as far back as the 1920s. A con artist named Charles Ponzi defrauded many Americans by promising unbelievable returns from a strange scheme where he was using new investors’ money to pay off existing investors. This trick was in play for years, from when Bernie Madoff was convicted… Continue reading Investment Fraud and How To Protect Yourself
Fortunes, they say, are made during recessions. Naturally, your first question would be — how? When you open your stocks portfolio and your investments are down, by a lot, it is understandable to ask ‘how in the world does this help me?’ Well, the team at Rise is happy to explain. First, you are investing… Continue reading How Recessions Can Make You Rich