The US stock market is the kind of market that could revisit its previous lows a hundred times before it finally breaks out to new highs.
It's a crazy market, not for the faint-hearted.
@nathanaeldisu Investors psychology is an interesting one.
It seems bidders are more confident buying when prices are trending higher than when in a temporary dip.
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if we can have one of these trading platforms to fix issues around customer support and experience excellently, it would have been a cheap trooping of users to such platform without much advertising.
Fintech like Opay did this and we can all see the huge numbers of users.
@nazzaokonkwo if we can have one of these trading platforms to fix issues around customer support and experience excellently, it would have been a cheap trooping of users to such platform without much advertising.
Fintech like Opay did this and we can all see the huge numbers of users.
By age 18, your newborn could have a real foundation for university.
Not from luck. From compounding.
$10/month for 18 years
At 8% average return
= $4,833
You put in: $2,160
Compounding built: $2,673
For a Nigerian institution instead:
β¦20,000/month for 18 years
At 18% average return
= β¦32,380,827
You put in: β¦4,320,000
Compounding built: β¦28,060,827
Same principle. Two currencies. Two goals.
Most of our parents couldn't afford to send us to university.
The ones who could often couldn't send us to the best ones.
School fees will not be where they are today by the time your newborn is ready to enroll. They will be significantly higher.
The best time to start solving that problem is the day the child is born.
Stop saving cash that loses value every year.
Start building an asset that grows while your child is still learning to walk.
Start small.
Increase the amount as your income grows.
Not financial advice. Projections based on average historical returns. Actual results will vary.
Dollar route or naira route for your child's future?