Investment is defined as an asset or
item that is purchased with the hope that it will generate income or will
appreciate in the future.
Investment is a Divine Mandate for
those who believe. It is a way you fulfill your Divine Mandate of creation; because
through investment you create wealth. From the Economic point of view,
it is “the purchase of goods that are not consumed today but are used in the
future to create wealth”.
Investment is a way of making your
money work for you.
In our Personal Finance Management
(PFM) Strategy we outlined 3 major money activities that helps you build a
solid foundation for wealth creation. Investment is one of them. Others are
income and savings. If you wish to learn more, click here.
If you wish to grow financially, you
must invest. Investment is like planting a seed which you nurture to grow into
a tree tomorrow.
This page aims at teaching you how and
where to invest your money. It also shows some necessary steps to take in building
solid foundation for your financial growth.
To appreciate this more, take time to
read our Finance Management Strategy.
Some known types of investment include:
- Equity share
- Money market instruments
- Bonds and debentures
- Money market investment
- Real Estate
- Insurance
- Mutual fund
- Derivatives
- Other Non-Marketable securities
However, for our purpose here we can
outline the following, which are easy to start with and which we can as well
help you start up.
1. Shares
& Stock (The Stock Market)
This remains one of the major ways of
investment, it is also a way of “saving” or raising capital for business
depending on your goal for investment. Depending on your goal for investment
you can have a shot-term; medium term or long-term investments’
Buying of Equity Shares (stock) of
companies, though classified as a risky investor is very liquid and a sure way
of wealth creation, especially if you know what to invest in at any given time
and have a realizable investment goal.
For more consultation on this contact us:
2. The
Foreign Exchange Market
This is another way of wealth creation
but it is highly volatile and too technical’ for this I recommend expert advice
and services. However, it is a place to invest your money.
3. Federal
Government Saving Bond.
Federal Government
Savings Bond is a retail investment programme launched by the Federal
Government of Nigeria. The aim of the programme is to help
enhance the savings culture among Nigerians while providing all
citizens irrespective of income level, an opportunity to contribute to National
Development.
FGN Savings Bond is safe and backed by the full
faith and credit of the Federal Government of Nigeria, with quarterly coupon
payments to bondholders.
Features
- Minimum subscription of N5,000 with additions in multiple of N1,000; subject to a maximum of N50 million.
- Fixed coupon will be paid quarterly to investors.
- Bond tenors will range from 2 – 3 years tenor.
- It will be issued on a Monthly Basis through an Offer for Subscription.
- Monthly offer will be open for 5 days from the date of announcement.
- The coupon/interest income from the Savings Bond are tax-free.
- The bondholder enjoys coupon/interest on a quarterly basis which is paid directly to his/her bank account
- It makes it possible for individuals to plan and save towards personal projects.
- FGN Savings Bonds are liquid as Secondary Market trading will be on the trading platform of the Nigerian Stock Exchange (NSE)
- The FGN Savings Bond is acceptable as collateral for loans.
- It offers guaranteed returns, and encourages financial inclusion.
0 comments:
Post a Comment