Why you should grab any dollar in sight!

 There was a day I attended a business meeting with some folks somewhere. In the course of the meeting, the moderator gave us forms to open an account. In that form, there was an option to open a naira or dollar account. The moderator instructed us to tick the dollar box. I raised my hand in objection and simply asked, " what if I want to open a naira account? He cast a funny glance at me as if he wanted to ask me " have you been living under...

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Nigerian stocks will burn your fingers! See reasons..

Whenever the word investment is mentioned, the first thing that comes to mind is the stock market. Stocks simply refer to ownership stake in a company expressed in units known as shares. In ideal situation, it is the choice destination for capital meant for investment. There are three major ways through which people earn in shares. They are dividends, capital appreciation and short selling. If you've been putting down your money in the Nigerian stock...

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Don't put your money in Crowd1 without reading this!

 There has been a number of multilevel marketing ventures springing up almost on a daily basis since the beginning of this year. I don't know whether to attribute this to the global economic drawback resulting from COVID-19 pandemic. Though I know a few of these MLM ventures were existing before now, but they picked momentum this year.  Some of them are Crowd1, Norland, Daily income stores, Superlife, NRI, just to mention a few. As I'm...

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How to remain illiterate after graduation

As a little child, you’re a curious being, you’re an experimental scientist. You wanted to learn, you wanted to research, you wanted to know. You love education. But one day, you were taken to school and a teacher started telling you that what education means is for you to cram what a teacher teaches you and write it back to her during a test or exam. By the time you’re done with schooling, you honestly think that you’re educated. SCAM!! Sometime...

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School na scam! How true?

The above mentioned statement has taken a cliche status and is very popular among young people nowadays. A lot of people think that being studious is a waste of time and effort. Is that true? In my opinion what I consider as a waste of time and effort is going to school without purpose. Most young people go to school because they major in certain subjects or because their parents or friends told them the course to study. Sometimes they make choices...

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Emotional side of investing

There are two parts to the decisions we make. The first part relies on knowledge, fact, logic, and what we would call common sense. The other, relies on other intangible things like emotions, intuition, fear, worry, hope, and feelings generally. Whenever we are torn between making a decision that splits us between our ‘brain’ and our heart, one has to give way – and logic isn’t always right. Investing is an emotional business. It requires setting...

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If you're at these 5 critical points in your life, then you need a financial advisor.

It is common that people seek professional attention when confronted with problems beyond their managerial capacity. When we feel sick, we seek the attention of a medical doctor. When the car changes sound, we look for a car mechanic. When arrested by law enforcement agents, we reach for a lawyer.  When the furniture is not standing upright, we look for a carpenter. The list is exhaustive. But when confronted with financial issues, most people...

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