Step 1 of 8: Edit Step

 Invest And Make Your Money Work For You In Nigeria

    Set Up Your Goals: Map out a plan for what you intend to accomplish. Consider the longevity of your plan and how you can transform the whole idea into a valuable investment.  Think of investing in assets that can bring forth profits that will increase the growth of your investments.

Step 2 of 8: Edit Step

    Identify Your Risk Profile: Being an investor depends on the rate of risk you take. You must know the type of investor you intend to be, the amount of money you are willing to lose, all these factors must be considered. You can opt for an investment expert.

Step 3 of 8: Edit Step

    How To Invest Your Money: You need to make enquiries about the mix of investments available and the one that best suits your plan. Investing in property, share and bond are good investment you can put your money. You can invest directly or hire the professionalism of an investment expertise.

Step 4 of 8: Edit Step

    Make A Research: Make consultation, compare and contrast every available option. Preferably you can put the professionalism of an investment expert to use. Browse the internet, speak to an adviser, bank manager and read business newspapers for useful information. After you must have verified all investment statement, you can now invest in the best investment that suit your plan considering the risk and profits.

Step 5 of 8: Edit Step

    Stocks: You need a verified and certified document compelled as a certificate to own a portion in a company's assets and earning. This is known as stocks. There are 3 types of stock namely short-term stocks, medium term stocks and long term stocks. After the global financial meltdown occurrence, many people have taken the idea of quitting the stock market. Regardless of the meltdown that hit the stock market, you can still make cash from the market if you pull your deal at the right time.

Step 6 of 8: Edit Step

    Real Estates: Real estate is one of the most thriving sectors nowadays. Considering its rapid growth and high profits been recorded. Bookmakers, economists, auditors etc have all certified real estate as unique investments that help to provide financial freedom when you are broke. Land and houses are properties that keep appreciating frequently. You can also make money when you invest in buying lands, shopping complex, students’ hostel, houses and rent them out. You can get lands in places that are slightly developed, wait for it to be well developed and sell the lands. 

Step 7 of 8: Edit Step

    Mutual Funds: An investment vehicle that's created of a pool of funds collected from several investors for the aim of investment in securities like stocks, bonds, securities industry instruments and similar assets. Mutual funds square measure operated by cash managers, who invest the fund's capital and decide to manufacture capital gains and financial gain for the fund's investors. A mutual fund's portfolio is designed and maintained to match the investment objectives expressed in its prospectus.

Step 8 of 8: Edit Step

    Buying And Selling: Buying and selling of commodities imply trading in hand.  Your top priority should be buying and selling of products that meet and also satisfy people's want and need.  Make sure you do research on the type of products people in your vicinity need and start selling the commodities to them.  Knowing the rate at which people buy and place an order on your product, this helps you to determine when to expand in other increase your income. 

Videos Edit Videos

Tips

  • Edit Tips Make research before investing in any organization. Also, get detailed information before putting your resources into any products.

Warnings

  • Edit Warning Present and request for valid certified and verified documents from every company you are dealing with. Make sure you spread your risk. Mutual fund is encouraging, however make sure you get involved with trusted individuals

Sources and Citations

Thanks to all authors for creating a page that has been read 540 times.

Did this article help you?

© 2016 CODENERDS UNIVERSAL RESOURCES

All Rights Reserved Worldwide