Where to invest your money if you’ve zero risk appetite.
• Treasury Bills
• FGN Bonds
• Commercial Paper
• Money Market Funds
Secured and backed by the federal government and central bank of Nigeria.
Available in all commercial banks and financial fintechs.
Things that will make you run out of money in your retirement:
-High levels of debt
-Separation/divorce
-Underestimating life longevity
-Not planning for health expenses
-Loaning dependants a lot of money
-Changing your spending habits especially after children finish school
One more,
Starting a business one has no clue about because of pension money excitement.
Some people blow money on businesses they know little about and go back begging for full-time jobs.
Senior citizens need business skills otherwise they’ll keep throwing good money after bad money.
Top 5 HALAL stocks on NGX right now:
1- BUA Foods
2- JAIZ Bank
3- BUA Cement
4- Dangote Cement
5- Nascon Allied
No interest-based income. Screened. Permissible.
Save this list. Share with a Muslim investor. 🔁
The first ₦10M invested feels slow because YOU are doing all the work.
By ₦100M?
Your money starts clocking into work before you wake up 😭
Dividends.
Capital appreciation.
Compounding.
That’s when you realize:
wealth isn’t built by vibes.
It’s built by surviving long enough.
Starting today, everything you do should be so you don’t end up poor in your old age or retirement.
All your energy should be focused on this, learn from the mistakes of people around you so you do not end up like them.
Starting today, everything you do should be so you don’t end up poor in your old age or retirement.
All your energy should be focused on this, learn from the mistakes of people around you so you do not end up like them.
Last month when dangote cement was still at ₦800/unit, I spoke about it, asked people to watch out and invest in it.
Today, same stock is currently at the rate of ₦1,180/unit
I bought MTN when it was at
₦500/unit.. Now same MTN is at ₦820/unit
VDM made a wise decision by investing into treasury funds though he shouldn't have used his NGO funds..
But that's a wise step and trust me, he just secured the future for himself and his brand..
Its not too late to invest into stocks and treasury funds too..
Invest in both Nigeria stocks and US stocks too..
Buy these stocks and keep it without selling them, you will thank yourself later:
•Dangote cement
• MTN Nigeria
•Seplat Energy
• Aradel
•S&P 500
You can make use of bamboo or Cowrywise...
This is all I have to say..(note) I will never send you any link or ask you to join any group.
My own is to drop update and that's all..
Shalom!!!!
1. Learn cybersecurity now. That skill will change your life for good. The field still has few skilled people, so get a professional certification and sell your services aggressively. Learn with platforms like Coursera and Udemy.
2. 30 percent of your income must go strictly into savings. Commit to this for at least 10 years and you will see a massive difference.
3. Buy a car before you even think of building a house. The connections, approvals, trust, and opportunities that come with owning a car are impossible to get from a house. Especially if you are into business, a car puts you far ahead of your peers who are still jumping buses and climbing okada. People rush to build houses because they are less informed.
4. Instead of buying one plot of land for 10 million naira and spending 90 million naira to build a house, buy 10 pieces of land and hold them for 10 to 15 years. You can easily make 500 million naira or far more, depending on the location.
5. Not everybody will make it in business, but many will win through smart investments. Invest in government securities, money market funds, stocks, and land.
6. If you are in your 20s or 30s, forget about building a house right now. Rent a good place and invest 3 to 5 million naira in mutual funds. That single move can cover your rent for years. Take the money you wanted to waste on a house, put it into business. If you do not know how to run a business, buy lands in developing areas and invest the rest in money market funds. In 10 to 15 years the results will blow your mind.
Bonus tip: If you have rich friends who can lend you up to 100 million naira that they do not need urgently, invest it in mutual funds or government securities through your bank for one year. Collect the 18 to 20 million naira return, return the principal to your friend, and repeat the process.
Stop trading your future for temporary pride. Stack assets aggressively. Invest first, build later, and build bigger. The compound effect is real. Start today.
Above all, love God.
@greyfinance I tried to make move money to your card to make payment but it says frozen card and the money is still processing for more than 8hours now. I can't make payment on grey and I can't get it back so I can send it elsewhere to get the service making me stranded. Why this?