It has been a whileeeee🤗😔
How have we been…..
So my last post dealt on the concept of investment and how it is imperative we invest.
I also mentioned that i will be discussing some investment options that would be a good start for new investors.
So first of, there are several investment options available to a potential investor. However, there are basic requirements for every investment plan.
First, before investing in any plan, you need to be aware of the terms and conditions, the minimum investment, the risk and return, the maturity period and what have you.
Consequently, there are investment platforms that are considered risk free which are recommended for potential investors who are averse to risk especially investors who are in need of periodic income with little or no risk.
So for example, i currently invest in a couple of platforms that are relatively risk free with some good return. These platforms offer you flexibility, good rate, and control over your funds. Aside from that, you don’t need a large amount of money to start with, also based on your preference you can set the frequency of investing, be it daily, weekly, or monthly. You can also withdraw your funds when in need.
However, for investors that would rather want capital appreciation and not regular income, you can safelock your investment and set a future date for maturity which enables your money grow faster.
So as not to bore you, these platforms are Piggybank and CowryWise. These names are familiar with some of us, and this is not in any way to advertise these brands, this is simply a satisfied investor who has been able to financially plan thanks to these platforms.
Investment platforms are not exhaustive, there are several others that are available to new and potential investors. However, i am recommending these two for a start because they are both relatively risk free and easy to understand.
In subsequent posts, i would be discussing other investment options available to investors who are more risk seeking. We all know with higher risk comes higher returns.
So what are you waiting for….. start investing for that blissful future you have always imagined…. it starts now!!!!
See you next time