Strategy is Key, Even at the Bus Stop

I was at the very popular Obalende terminal, when a slim lady, probably in her mid- 20’s, walked past me in a jolting manner. She carried a rather heavy bag, almost resembling the size of a 25 liter jerry can and managed to lift the daunting weight through the crowd. Her movement was rhythmic, almost as though she was walking the runway at a fashion show, and the next minute the rhythm would stop and she would continue in that jolting manner....

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Passionate about football?? You'd make a Great investor!

The thought of investing in the stock market scares away lots of people. Many get nervous thinking about it like it’s some alien concept. This need not be the case. Chances are that you are already making investments in other areas of your life with a deep sense of commitment. The fundamentals are the same. Following a football club is one of such areas. Have you ever encountered a circle of friends discussing the performance of their favourite...

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Tips for Nigeria investors

For those heavy on stocks, below are some of my opinions on current happenings and what I think you should be aware of (be prepared for, be not caught in a surprise about). 1. Global financial markets have been awash with cheap money and government funded assets purchase pushing assets value (bonds, equities, derivatives etc except a few commodities). The result is that very many assets are selling at prices above their usual long term average 2....

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How to teach your children to be investors rather than spenders

During my interaction with students in high school, I discovered that most teenagers are clueless about investing. They get an “A” for knowing how to spend money, and many work hard for income, but few know how or why they should invest in stocks, mutual funds, or index funds. Typically, most teenagers haven’t thought about building wealth by paying themselves first. This is a consequence of the wrong orientation about money. Sometimes the biggest...

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If you can't save, please read this!

Ordinarily, savings means regularly putting aside a portion of the money you are given or earn in a safe place that pays interest. We live in a society enmeshed in consumerism. Everyone crave for societal recognition by indulging in mindless acquisition. The importance of savings had been so relegated, especially among the youths. I keep wondering how far this generation can go in wealth creation with this poor attitude towards savings and...

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You can't afford not to invest

If you are not investing you are giving away money, simple as that. If you have your money under your mattress, or in a save deposit box, this money is losing value. Why? As we all know, due to inflation. Most of the developed economies are pursuing monetary policies that try to achieve higher inflation rates, known as expansionary monetary policies.  Every single person that has an income should be investing a percentage of its money, period....

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Optimize your investment strategy with these tips

After the 2008-2009 consolidation in the banking sectors, there was a massive boom in the Nigerian Stock Market. This made a lot of people to invest in stocks. But not long thereafter, many of them lost their investments, because they were ill-prepared before dabbling into the market. To avoid making some of the mistakes you have to take heeds to some of these admonition before you invest in shares: Seek advice Working with a qualified financial...

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