Reading Time: 4 minutes What types of investment will thrive in 2021? You see, analysts agree that 2021 will be no less as challenging as the year 2020. This is because the health, economic and social impact of the Covid-19 pandemic remains elevated in spite of the prospect of a vaccine. But there’s always an opportunity in every adversity. So it was in …
Reading Time: 5 minutes A financial advisor (also financial adviser) is a finance professional who provide advice to help individuals and corporate organizations reach their financial goals. He researches the markets and recommends a combination of products or investments to meet his client’s immediate and long term financial objectives. These goals may range from creating more wealth, preserving wealth and protecting it for the …
Reading Time: 4 minutes Note: As at the time of writing this post, rates are generally low. Yield on 10 Year FGN Bonds is 4.6% and the coupon on FGN Savings Bond is 2.5% p.a. In an environment where inflation is at 13.22% (10/20), these may not encourage capital flows to this asset class. Except of course, safety of investment has primacy over returns. …
Reading Time: 6 minutes More and more Africans are taking to online trading of currency and other derivative instruments such as stocks, commodities and cryptocurrencies to earn a living. However, a major challenge most African traders face is getting reliable Forex brokers to deal with. Unfortunately, the majority of Forex brokers hardly accept traders from Africa. African traders are therefore on a constant search …
Reading Time: 10 minutes Have you always desired to make money farming but don’t want to get dirty doing so? It’s now possible with agricultural investment platforms. These platforms provide you with the opportunity to invest in farm projects, earn good returns on investment (ROI) without holding a cutlass or a hoe. How they Work Majority of them are crowdfunding platforms where people desiring …
Reading Time: 9 minutes In 2019 US federal and state authorities identified roughly 60 active ponzi schemes with investors funds estimated at $3.5 billion. The largest within the last decade. There’s therefore a growing concern that there may soon be a massive burst. This post explains how to identify ponzi schemes and it is intended to guide those who do not want to get …
Reading Time: 11 minutes If you are reading this article, it’s most likely that you want to start investing. That’s a great decision to make. Your challenge probably is you don’t know how to start; right? In this Ultimate Beginner’s Guide to Investing, you’ll learn how to. Before we get into it, a few things to note: the earlier you start investing the better. So …
Reading Time: 8 minutes There are assets that can make you rich. And there are those that make you poorer. A fundamental difference between the rich and the poor is that rich people understand the concept of assets and liabilities; poor people don’t. Thus, while the rich buy assets, the poor amass liabilities in the name of acquiring assets. Unfortunately, the majority of the …
Reading Time: 5 minutes Let’s talk about real estate investment. Some experts advice that investing in real estate is a bad idea. They reason that properties don’t have the kind of liquidity that assets like stocks, bonds, and mutual funds have. They also reason that Investing in real estates requires huge capital outlay. And it’s an asset class that depends so much on cash …
Reading Time: 6 minutes Traditionally, trading of financial instruments are carried out through the Exchanges. And only certain professionals can trade at the Exchanges. Not any more. Nowadays, online trading has made it possible for anyone to buy and sell financial instruments leveraging the internet What Is Online Trading Online trading is the buying and selling of financial instruments using the the internet. Any …
