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3 Investment Tips That Will Help You secure Your Future

This is a reply to Omolade’s post “Thanks for this nice piece. Creating wealth from savings is a function of the quality/return on investment. On the other hand, making a good choice of investment is not “moinmoin”. I request you give a short piece on choice of investment one can go into”

and Oladeji’s post “What do we invest on. I thinks savings alone cannot do it”

I just decided to it share with you so you won’t miss out.

Yes I agree with you that savings is not the only
option but it is a stepping stone to guarantee a safe
future for you, your children and the next generation.

There are three types of investment
which you can invest your money, either long-term
or short term basis. They are

  • Savings
  • stock
  • mortgage

Savings: savings here is a stepping stone towards
a secured financial freedom, however,
this goes beyond the traditional type of savings we are use to,
this is because your savings will be used to work for
you instead of leaving it in the bank, by investing
your money into treasury bills, which is a safe and secure
form of investment. Your money will be at the bank and at
the same time multiplying without little or no effort from you.

Stock: Yes stock, I know that you may have loose confident
in the stock market after the meltdown but do you know that
currently 70% of the stake at the stock market is been controlled
by foreigners and they are coming into great wealth day by day.
Today I can confidently tell you that there is money in the stock
market because I have also invested in the market and made
good returns not only that my investment is compounding year by year.
My secret is that I have experts who use the same sophisticated tools
like the foreigner to make money in the stock market.
So, stock is a very good way of investing. Hence try and get a good expert

Mortgage: This is the sale of properties which is commonly known
as real estate. But you will need to raise a lot of money to go
into real estate business but that is a long journey. why not start
with land. That is, buy land in locality which has the potential of
becoming urban. I know of a friend who bought a land for N10,000
after 10years, the land is now worth 10,000,000. I also know of a man
who has an uncompleted building on a 2 plots of land that cost him just
500,000 as at the time he built it but after 25years,
he sold the land plus the uncompleted building for N85,000,000.

Investment whether short term or long term is not easy, it is
an habit one needs to cultivate. You can start saving depending
on your capacity. You will struggle initially but just try to
be persistent and it will become a part of you.

Please  post your comments, suggestion and enquiry below and I will personally reply them

See you soon….

 

Tayo Stephen ACA

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