{"id":4353,"date":"2022-04-01T01:01:09","date_gmt":"2022-04-01T01:01:09","guid":{"rendered":"https:\/\/kobotalk.com\/?p=4353"},"modified":"2024-12-17T16:16:30","modified_gmt":"2024-12-17T16:16:30","slug":"5-investment-you-can-make-with-5000-naira-in-nigeria","status":"publish","type":"post","link":"https:\/\/kobotalk.com\/BLOG\/5-investment-you-can-make-with-5000-naira-in-nigeria\/","title":{"rendered":"5 Investment You Can Make With 5000 Naira In Nigeria"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span><div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_4353\" class=\"pvc_stats all  \" data-element-id=\"4353\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" version=\"1.0\" viewBox=\"0 0 502 315\" preserveAspectRatio=\"xMidYMid meet\"><g transform=\"translate(0,332) scale(0.1,-0.1)\" fill=\"\" stroke=\"none\"><path d=\"M2394 3279 l-29 -30 -3 -207 c-2 -182 0 -211 15 -242 39 -76 157 -76 196 0 15 31 17 60 15 243 l-3 209 -33 29 c-26 23 -41 29 -80 29 -41 0 -53 -5 -78 -31z\"\/><path d=\"M3085 3251 c-45 -19 -58 -50 -96 -229 -47 -217 -49 -260 -13 -295 52 -53 146 -42 177 20 16 31 87 366 87 410 0 70 -86 122 -155 94z\"\/><path d=\"M1751 3234 c-13 -9 -29 -31 -37 -50 -12 -29 -10 -49 21 -204 19 -94 39 -189 45 -210 14 -50 54 -80 110 -80 34 0 48 6 76 34 21 21 34 44 34 59 0 14 -18 113 -40 219 -37 178 -43 195 -70 221 -36 32 -101 37 -139 11z\"\/><path d=\"M1163 3073 c-36 -7 -73 -59 -73 -102 0 -56 133 -378 171 -413 34 -32 83 -37 129 -13 70 36 67 87 -16 290 -86 209 -89 214 -129 231 -35 14 -42 15 -82 7z\"\/><path d=\"M3689 3066 c-15 -9 -33 -30 -42 -48 -48 -103 -147 -355 -147 -375 0 -98 131 -148 192 -74 13 15 57 108 97 206 80 196 84 226 37 273 -30 30 -99 39 -137 18z\"\/><path d=\"M583 2784 c-38 -19 -67 -74 -58 -113 9 -42 211 -354 242 -373 16 -10 45 -18 66 -18 51 0 107 52 107 100 0 39 -1 41 -124 234 -80 126 -108 162 -133 173 -41 17 -61 16 -100 -3z\"\/><path d=\"M4250 2784 c-14 -9 -74 -91 -133 -183 -95 -150 -107 -173 -107 -213 0 -55 33 -94 87 -104 67 -13 90 8 211 198 130 202 137 225 78 284 -27 27 -42 34 -72 34 -22 0 -50 -8 -64 -16z\"\/><path d=\"M2275 2693 c-553 -48 -1095 -270 -1585 -649 -135 -104 -459 -423 -483 -476 -23 -49 -22 -139 2 -186 73 -142 361 -457 571 -626 285 -228 642 -407 990 -497 242 -63 336 -73 660 -74 310 0 370 5 595 52 535 111 1045 392 1455 803 122 121 250 273 275 326 19 41 19 137 0 174 -41 79 -309 363 -465 492 -447 370 -946 591 -1479 653 -113 14 -422 18 -536 8z m395 -428 c171 -34 330 -124 456 -258 112 -119 167 -219 211 -378 27 -96 24 -300 -5 -401 -72 -255 -236 -447 -474 -557 -132 -62 -201 -76 -368 -76 -167 0 -236 14 -368 76 -213 98 -373 271 -451 485 -162 444 86 934 547 1084 153 49 292 57 452 25z m909 -232 c222 -123 408 -262 593 -441 76 -74 138 -139 138 -144 0 -16 -233 -242 -330 -319 -155 -123 -309 -223 -461 -299 l-81 -41 32 46 c18 26 49 83 70 128 143 306 141 649 -6 957 -25 52 -61 116 -79 142 l-34 47 45 -20 c26 -10 76 -36 113 -56z m-2057 25 c-40 -58 -105 -190 -130 -263 -110 -324 -59 -707 132 -981 25 -35 42 -64 37 -64 -19 0 -241 119 -326 174 -188 122 -406 314 -532 468 l-58 71 108 103 c185 178 428 349 672 473 66 33 121 60 123 61 2 0 -10 -19 -26 -42z\"\/><path d=\"M2375 1950 c-198 -44 -350 -190 -395 -379 -18 -76 -8 -221 19 -290 114 -284 457 -406 731 -260 98 52 188 154 231 260 27 69 37 214 19 290 -38 163 -166 304 -326 360 -67 23 -215 33 -279 19z\"\/><\/g><\/svg><\/i> <img data-recalc-dims=\"1\" decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCAxIDEiIHdpZHRoPSIxIiBoZWlnaHQ9IjEiIGRhdGEtdT0iaHR0cHMlM0ElMkYlMkZpMC53cC5jb20lMkZrb2JvdGFsay5jb20lMkZCTE9HJTJGd3AtY29udGVudCUyRnBsdWdpbnMlMkZwYWdlLXZpZXdzLWNvdW50JTJGYWpheC1sb2FkZXItMnguZ2lmJTNGcmVzaXplJTNEMTYlMjUyQzE2JTI2c3NsJTNEMSIgZGF0YS13PSIxIiBkYXRhLWg9IjEiIGRhdGEtYmlwPSIiPjwvc3ZnPg==\" data-spai=\"1\" border=0 \/><noscript data-spai=\"1\"><img data-recalc-dims=\"1\" decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/cdn.shortpixel.ai\/spai\/q_lossy+ret_img+to_webp\/i0.wp.com\/kobotalk.com\/BLOG\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif?resize=16%2C16&ssl=1\" data-spai-egr=\"1\" border=0 \/><\/noscript><\/p>\n<div class=\"pvc_clear\"><\/div>\n<p>If you are reading this piece, you are probably wondering what you can do\u00a0 with 5,000 Naira.\u00a0 It&#8217;s small and to some people, it&#8217;s a change they can easily spend at the bar.<\/p>\n<p>But 5,000 Naira can get you started if you are serious about investing. Of course, you should not expect to become a millionaire investor overnight with that amount of money.<\/p>\n<p>What is important is that you have to be consistent, patient and have a long term view of wealth accumulation.<\/p>\n<p>In this post, I highlight some of the assets you can start investing in even if all you have to spare is 5,000 Naira.<\/p>\n<h2>5 Investment You Can Make With 5000 Naira<\/h2>\n<h2>#1. Stocks<\/h2>\n<p>The stock market has been and will always be a place for long term accumulation of wealth. With as little as 5,000 Naira, you can start buying stocks right now.<\/p>\n<p>I usually advice small income earners to set aside some amount of money every month for saving. However, rather than put that little amount of money in a regular bank savings account, use it to buy one company stock and do so consistently<\/p>\n<p>Do this every month over a period of time and you will be amazed at the benefit.<\/p>\n<p>Over time, you would have acquired some good quantity of that company shares. You will also be earning dividend income while the price of the stock appreciates.<\/p>\n<p>For this strategy to be meaningful, you have to select a quality stock. Quality stock will be that of a stable company with long history of profitability and dividend payment. And one whose price is also stable and not drastically affected by over all market fluctuation.<\/p>\n<h2>#2. Crypto currency<\/h2>\n<p>You can start investing in crypto currency with 5,000. Note, I did say trading. Many people mix it up.<\/p>\n<p>Trading in an asset is simply speculation on price movement. Speculation is not only risky, it may also require staking a reasonable amount of money for you to make any reasonable income.<\/p>\n<p>Many of the crypto currencies available are sold in fractions. On the <a href=\"https:\/\/www.luno.com\/en\/ng\">Luno Exchange app<\/a>, for example; you can actually invest in bitcoin with as little as 1k.\u00a0 I know of a young school leaver who started buying bitcoin on the App with 1k.\u00a0 He was doing this every month over a period of time and you can say he is rich in bitcoin.<\/p>\n<p>So the idea is to identify any of the popular coins such as bitcoin, Ethereum, etc; register on one of the credible exchanges and start buying that particularly coin bit by bit. Budget that to save your monthly 5k in the purchase of that coin and see what happens over time.<\/p>\n<p>Before you start, gain some knowledge by reading and understanding <a href=\"https:\/\/kobotalk.com\/BLOG\/cryptocurrency-2\/\">few essential things about crypto currency.<\/a><\/p>\n<h2>#3. Mutual Funds<\/h2>\n<p>For a beginner, one of the easiest ways to start investing, is Mutual Funds.\u00a0 These are collective investment schemes under which a fund manager pools monies from a group of investors and invest that pool of funds in carefully selected portfolio of stocks or other instruments.<\/p>\n<p>Periodically the fund manager evaluates the performance of the fund and share dividend income amongst the pool of investors in proportion of the investment held by individual investors.<\/p>\n<p>The benefit of investing in mutual funds is many.\u00a0 Prominent amongst these benefits is that the fund manager has the responsibility for researching, analyzing and selecting investment.\u00a0 So, if you are a novice investor or you are experienced but don&#8217;t have the time to analyze assets, mutual funds may well be what you need.<\/p>\n<p>There are very good fund managers with <a href=\"https:\/\/kobotalk.com\/BLOG\/mutual-funds-in-nigeria-the-12-best-you-can-buy-now\/\">profitable and well performing mutual funds in the Nigeria market.<\/a> Check them out.\u00a0 Some of the o<a href=\"https:\/\/kobotalk.com\/BLOG\/savings-and-investment-platforms-in-nigeria\/\">nline investment platforms in Nigeria<\/a>, also offer products in mutual funds. As a matter of fact, on one of these platforms, you can <a href=\"https:\/\/kobotalk.com\/BLOG\/how-you-can-make-money-by-investing-in-mutual-funds\/\">start investing in mutual funds<\/a> with less than 5,000 Naira.<\/p>\n<h2>#4. FGN Savings Bond<\/h2>\n<p>FGN Savings Bond is an investment you can make with 5000 Naira in Nigeria.<\/p>\n<p>The Debt Management Office issues this savings bond on behalf of the Federal Government of Nigeria.\u00a0 Currently the 2-year bond is issued at a coupon rate of 7.22% per annum and the 3-year bond is issued at 8.22% per annum.\u00a0 This is far higher what you earn from your regular savings account in a commercial bank.<\/p>\n<p>Minimum <a href=\"https:\/\/kobotalk.com\/BLOG\/what-is-fgn-savings-bond-and-how-can-you-invest-in-it\/\">investment in FGN Savings Bond<\/a> is 5,000 Naira.<\/p>\n<p>It makes much sense to invest in FGN Savings Bond.\u00a0 Apart from the attractive coupon rate or interest which is payable quarterly, the investment is secured because it is backed by the full faith and credit of the federal government.\u00a0 No stories. In addition, you can get some tax benefits as it qualifies for tax exemptions under the relevant tax laws.<\/p>\n<h2>#5. Investing Apps<\/h2>\n<p>Technology disruptions in financial services have helped to democratize investing.\u00a0 Thus, very low income earners who were hitherto unable to invest, now can access an array of investment products via a number of i<a href=\"https:\/\/kobotalk.com\/BLOG\/savings-and-investment-platforms-in-nigeria\/\">nvesting apps available in the market<\/a>.\u00a0 With these investing apps, you can start investing with as small as 5,000 Naira and build your wealth over time.<\/p>\n<p>Some of the products you can invest using investing apps include: stocks, mutual funds, bonds, treasury bills, etc.\u00a0 AS a matter of fact some of the apps give you access to even invest in foreign markets such as the US stock market.<\/p>\n<p>Bamboo invest, Chaka and Trove are some of the apps that you can use to start investing in a variety of assets including US stocks.<\/p>\n<p>&nbsp;<\/p>\n<p>Final Words:<\/p>\n<p>Now you have it: 5 Investment You Can Make With 5000 Naira.<\/p>\n<p>Making money is a function of many factors.\u00a0 But one thing very central is that it requires patience and careful planning.\u00a0 Many people have a get rich quick mentality and that is why they are attracted to ponzi schemes.\u00a0 I&#8217;ve often said on this platform that no true investment product has the capacity to double your money in few hours.<\/p>\n<p>We see many offers that promises to double your investment in two hours, or few days and unfortunately people fall for it.\u00a0 You cannot have five thousand Naira and want to make one million over night.\u00a0 Of course, you can grow your 5k to one million Naira but it can&#8217;t be over night.<\/p>\n<p>You will have to multiply it by about 200%.\u00a0 Doing so will take some time and your major asset here will be patient and consistency.\u00a0 Investing pays much when it is done for the long term.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span>If you are reading this piece, you are probably wondering what you can do\u00a0 with 5,000 Naira.\u00a0 It&#8217;s small and to some people, it&#8217;s a change they can easily spend at the bar. But 5,000 Naira can get you started&#8230;<\/p>\n","protected":false},"author":1,"featured_media":2009,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"_joinchat":[],"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3],"tags":[36,23,41],"class_list":["post-4353","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-ideas","tag-investing","tag-investment","tag-savings"],"a3_pvc":{"activated":true,"total_views":2622,"today_views":0},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>5 Investment You Can Make With 5000 Naira In Nigeria - KOBOTALK BLOG<\/title>\n<meta name=\"description\" content=\"If you have always wanted to invest and are constrained by capital, here&#039;re 5 investment you can make with 5000 Naira only.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kobotalk.com\/BLOG\/5-investment-you-can-make-with-5000-naira-in-nigeria\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"5 Investment You Can Make With 5000 Naira In Nigeria - KOBOTALK BLOG\" \/>\n<meta property=\"og:description\" content=\"If you have always wanted to invest and are constrained by capital, here&#039;re 5 investment you can make with 5000 Naira only.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kobotalk.com\/BLOG\/5-investment-you-can-make-with-5000-naira-in-nigeria\/\" \/>\n<meta property=\"og:site_name\" content=\"KOBOTALK BLOG\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/web.facebook.com\/kobotalkng\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-01T01:01:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-17T16:16:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kobotalk.com\/BLOG\/wp-content\/uploads\/2020\/03\/nigeria-naira.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"924\" \/>\n\t<meta property=\"og:image:height\" content=\"678\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Buchi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Buchi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"5 Investment You Can Make With 5000 Naira In Nigeria - 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He provides strategic advisory to help SME's, small business owners and HNI's grow profitable business and make informed investing decisions.","url":"https:\/\/kobotalk.com\/BLOG\/author\/kobo20\/"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/cdn.shortpixel.ai\/spai\/q_lossy+ret_img+to_webp\/i0.wp.com\/kobotalk.com\/BLOG\/wp-content\/uploads\/2020\/03\/nigeria-naira.jpg?fit=924%2C678&ssl=1","jetpack-related-posts":[{"id":4104,"url":"https:\/\/kobotalk.com\/BLOG\/e-naira-what-you-should-know-about-the-central-bank-digital-currency\/","url_meta":{"origin":4353,"position":0},"title":"e-Naira: What You Should Know About the Central Bank Digital Currency","author":"Buchi","date":"November 3, 2021","format":false,"excerpt":"Nigeria became the first country to adopt a Digital Currency in Africa when on October 25, 2021 the Federal Government launched the e-Naira. 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