Investing

How to Get Good Stockbrokers In Nigeria

Are there good stockbrokers in Nigeria?  How can I get one?  I hear people ask these questions very often. Many would be investors  are reluctant to start investing in stocks because of the sad stories they have heard about dishonest stockbrokers. Unfortunately, it is not possible to trade stocks without the stockbroker. By all means, there are many excellent stockbrokers in Nigeria and they are easy to find if you know how to go about it. This is what this post is all about: How to get good stockbrokers in Nigeria. WHY YOU NEED A STOCKBROKER Stockbrokers play very significant…

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Investing

Why You Should Start Investing In Stocks Now

A reader of this blog once asked to know what alternative instrument he should be investing in, giving that yields are falling in the fixed income market. My answer was that he should consider investing in stocks if he wasn’t already doing so. In the same vein, for those of you who are not investing in stocks, I am giving you the same piece of advice. Why should you start investing in stocks now? Also Read: Your Best Investment Options in Nigeria in 2018 Market Rebound The first reason is that the Nigerian stock market has rebounded after four years…

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Investing

How You Can Make Money by Investing In Mutual Funds

If there is one simple, easy and less complicated way of investing in the financial markets, it is through Mutual funds. It gives just everybody the opportunity to invest even without the sophisticated knowledge that the financial markets demand. It is also one of the most effetive ways one can invest with a small amount of money. This is why mutual funds are very popular in developed markets of the world such as the United States of America where studies show that 96 million people or 44% of household have mutual funds investment. Indeed, the American Mutual Funds Industry was…

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Investing

Your 9 Best Investment Options In Nigeria

Post Updated March 2019 Are you looking for areas to invest money in Nigeria and do so with peace of mind? Then read on!  In this post, I tried to highlight the best investment options in Nigeria for you. It is however,  important that you conduct your own due diligence before investing your money in any financial product or business.  If possible seek the help of your professional adviser. Now the Best Investment Options in Nigeria for those who want to make money with peace of mind. #1  FGN Bonds Government Bonds offer the best investment options for people who seek…

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Investing

7 Key Items to Evaluate In Annual Report and Accounts

The annual report and accounts is one important document that you are entitiled to receive from your company every year as a shareholder.  It is prepared by  managment at the end of every fiscal year to give a summary of the company’s activities for that fiscal year and a projection for the coming years. Share holders are invited by the directors to attend an Annual General Meeting every financial year. Usually, the meeting is held within the first quarter of the new year to consider the audited accounts for the previous year, approve appointment of new auditors and directors if…

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Investing

What Is Emotional Investing and How to Deal With It

Many people who fail to achieve some level of success in investing in the financial market do not realize that allowing their emotions to influence their decisions may be the reasons they are not getting expected results. This post highlights the negative impact your emotions may be having on your investing experiences and points you to how to overcome it.

Investing

How to Open A CSCS Account and Trade Stocks In Nigeria

Whether you are investing in the shares of quoted companies, or in unquoted shares traded at the OTC platform or you are investing in government bonds; you should have a CSCS Account. Why? It is a requirement for investing in securities traded in Nigerian capital market CSCS is the primary depository service provider for the Nigerian capital market The Securities and Exchange Commission has given a deadline to eliminate the issuance of physical share certificate and to hold all investment in shares electronically, It is easy to monitor your investment portfolio with a CSCS account It guarantees the safety of…

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Business Ideas, Investing

10 Sure Ways to Get Rich in Real Estate With Small Money

Anybody can get rich in real estate.  Really? Yes. Like you, I had always thought that real estate business is an exclusive preserve of the ultra wealthy individuals until a casual experience changed my opinion. In 2013, I bought a small parcel of land measuring 30 x 120 sq. m., somewhere around Ibeju Lekki where I had hoped to put up a small bungalow to live with my family.