Do you want to know more about different investment options which are available? Credit Health Care has come up with the best investment optionswhich you can start implementing.
Introduction:
If you were born between the early 1980s and late 1990s, you are a millennial and if you are a millennial, odds are you are not investing your money in the stock market. According to a recent Harris poll, 79 percent of your generation is not handing over hard-earned cash to Wall Street. The reasons why are varied, and not what you would expect that only 13 percent say it is because they are paying off school debt.
What are the best investment options that all the teenagers must knowabout? How much investment that any college student can make? Credit Health Care has come to you rescue by making a list of the points that you can start implementing.
Start to Invest Early
You should know that, when it comes to investing, do remember that ventures that are more volatile yield the highest return on investment . The investors, who have the time to recover if something were to go wrong, have the opportunity to make riskier moves.
Those who begin to invest late in life are often inherently more cautious with how they invest their money. Investment is not an easy thing and come with many ups and downs, so know the best possible option for you before you make the move.
Make a Investment Strategy
Create your investment plan and set specific and realistic goals. So, instead of saying you want to have enough money to retire comfortably, think about how much money you will need as part of your short-term and long-term goals.
Do calculate how much you need to save each month and choose your investment strategy and also develop an investment policy statement. Your investment expert can help you in this regard to find for you the best investment choices.
Must take Calculated Risks
Many investment experts need to take a calculate risk to expand their investment activities into a new competitive arena So, you must take calculated risks in terms of investment. Investment is a learning curve.
Financial growth happens when you take calculated risks with your money. You have to be willing to let your money go to work for you, but it does not work out that way, all the time so you need to take risks to make sure that you are taking the right risks.
Invest in your Education
All the teenagers must also invest on their own education. We have also discussed about student loan options in an earler post, so it is important to know the right choices which helps you take your career ahead.
Meanwhile, some parents may believe that it makes more sense not to save at all for their child’s future. The idea is that having no college savings also means having no assets to look for. So, do not forget to invest in education.
Check Online Investment Options
You can invest flexibly in exclusive investment opportunities not available on the open market and only available online. There are many options out there for investing your money online but you need to be aware about the rules.
The good websites on investment advice on the best investment options. There are many investment websites to pick from and it is important to decide on the best investment choice that you have in your front. Do also take professional help if required.
Do use Investment Apps
In an earlier post, we have already discussed about investment apps. There are many investment options for you to choose from. The micro-investing apps let you automatically invest small amounts of money. When you invest through an investment app, your money is typically tracked
With the growth of mobile market, the apps are designed specifically for novice investors and the technology is simple to understand, yet the features are comprehensive. So, go for your favorite investment app and start investing.
Always use Investment Calculator
Using financial calculator and also investment calculator is very beneficial for investors. Use this calculator and find out more on how to invest your money better in financial instruments based on your goals and time.
There are some things such as interest and tax rates cannot be predicted, these calculators are only intended to give you an idea of what your investment could be worth based on the different investing factors which add up to your investment portfolio.
Go for long-term Investments
Do remember that, a long-term investment is an account on the asset side of a company’s balance sheet that represents the company’s investments, including stocks, bonds, real estate and cash, that it intends to hold for more than a year.
Moreover, education, business, marriage, insurance policy, retirement pension are a few examples of long-term investment in our life from a very initial time. You can also start to invest in stocks which is very helpful and should be started early.
Also try short-term Investments
The investors should decide if they want to invest their money for short term and also should know how much they want to invest in the stock market. Moreover, if you are willing to go for this type of trading you should first try to look at the investment options available for short term.
You might get the maximum profits when you find the right stocks and so you have to find the right time and how and where to invest in the stocks. Getting the right information of the important investment concepts can also help you make the right planning in the market.
Consult Investment Advisor
It is very important to take expert assistance if necessary. Professional advice can help find an investment strategy that fits your individual plan, financial capabilities and life goals. However, that can only happen if you are completely honest with your advisor.
Think of a financial advisor as your financial healer, they cannot totally assess the situation and provide a recommendation until they have all the information. This includes your short term and long-term goals, tolerance for risk, time horizon and general knowledge of the investing world.
Things to Remember:
So, the tips are clear for you to invest. The points which are discussed are starting to invest early, making a investment strategy, taking calculated risks, investing in your education, checking online investment options, using investment apps, using investment calculator, going for long-term investments, going for substantial investment, trying short-term investments and also consulting investment advisor. Thus, the time has come to take the right steps towards investment.
Greece is an Attractive Investment Opportunity in Med and Europe, Says Minister
Greece is today the most attractive business opportunity in the Mediterranean and Europe for investments in tourism and real estate, Greek Tourism Minister Elena Kountoura said on Friday.
Photo source: Visit Greece /. Y Skoulas
During her keynote speech at the Mediterranean Resort & Hotel Real Estate Forum (MR&H) in Athens, Minister Kountoura invited Greek and foreign investors to take advantage of the new prospects and invest in Greek tourism during this period of strong growth.
She stressed that there is a strong political will to encourage entrepreneurship and investments so that Greece today can offer a more friendly business environment, one that reduces bureaucracy, simplifies business operations and offers fast track procedures, as well as support to investors during all stages of tourism investments.
Moreover, Minister Kountoura spoke of the strong investment interest shown by the domestic and international markets for big tourism investments in Greece, scheduled for the coming years, which has also been confirmed by international forecasts, such as that of the World Travel & Tourism Council (WTTC). “The high tourism demand for Greece has attracted investors to the purchase of land use for new tourism investment plans,” she underlined.
Photo source: Visit Greece / H. Kakarouhas
The minister also presented the ministry’s plans for tourism in the coming years, which aims towards the increase of availability and quality in high-class units and investments in holiday complexes, the development of marinas and new home-port ports, the emergence of less developed Greek destinations and new thematic tourist products and services, with a focus on health and wellness tourism, golf, conference centers and theme parks.
Referring to the benefits of the Tourism Ministry’s national tourism policy running since 2017, the minister informed on the booming growth in tourist figures in recent years, and especially in 2019.
According to a recent survey, Greece, together with Spain and Italy have been ranked at the top as being the most attractive countries in the Mediterranean for investors.
Mining Investment Botswana, part of the Global Mining Investment Conference Series, will be launched in Gaborone, Botswana from 13 – 15 February 2019. This will be the only location in Southern Africa within the entire Mining Investment Series for 2019 and it seeks to draw international investors to Botswana to explore the mining opportunities in the country and the region.
Mining Investment Botswana is a strategic global mining conference that connects miners, investors, government officials and service providers for networking, partnering and business matching opportunities. Since its inception in Singapore in 2018, Mining Investment Conferences have successfully expanded beyond Asia to Panama, Oman and Nigeria with the same core objectives of highlighting mining investment opportunities in the host country and region as well as providing a networking, business matching and partnerships platform.
In Botswana, this inaugural conference is expected to gather over 200 attendees from various parts of the world to discuss on how industry players are coping with the volatile commodity prices, capital raising, investment strategies, technical innovations and where the mining industry is headed. Various aspects of the mining industry in Botswana will also be discussed through presentations and panel discussions by senior representatives from Botswana.
Key speakers include:
Hon Tshekedi Khama, Minister, Ministry of Environment, Natural Resources, Conservation and Tourism, Botswana;
Hon Vincent Seretse, Minister for the Ministry of Investment, Trade and Industry, Botswana;
Charles Siwawa, CEO Botswana Chamber of Mines.
With growing interest to explore other sources of mining investment opportunities in the Southern African region, response towards Mining Investment Botswana has been encouraging and various speakers, sponsors and exhibitors have thus come on board for this event.
One of the conference speakers Mr Clyde Russell, Asia Commodities and Energy Columnist at Thomson Reuters, said ‘I am pleased to return to the Southern African region to share my insights on the mining industry and investment opportunities. Having spoken at and attended previous Mining Investment Conferences held in Singapore, I am confident this will be another quality event for all attendees.’
Mr Harvey Nkosi, Country Manager - Group Business Development in SADC region at Fraser Alexander, said ‘Fraser Alexander is honoured to be one of the sponsors for Mining Investment Botswana and we look forward to reaching out to various conference attendees at this event.’
More information on the conference can be found at www.mininginvestmentbotswana.com. Mining Investment Botswana is organised by Spire Events (Singapore) together with our local partner Koos Segola Business Solutions.
Background on the Global Mining Investment Conference Series
Mining Investment Conference Series is held globally in Africa, Latin America, Asia, Europe and the Middle East. It is anchored by Mining Investment Asia which will be held from 28 – 31 March 2019 in Singapore, along with Asia’s inaugural ‘Women in Mining Day’ on 28 March to address issues of gender diversity in the mining sector.
More details on upcoming global Mining Investment Conferences can be found at www.spire-events.com.
ISSUED BY: SPIRE EVENTS SINGAPORE
For media enquiries, please contact:
Mr Ng Chin Chye
Director (Marketing & Public Relations)
Tel: +65 6717 6014
Email: marketing@spire-events.com
The oil and gas industry continually buzzes with talk of “tax benefits” and “tax shelters.” To be fair, oil and gas investments can certainly provide incredible tax benefits, serving as legitimate tax shelters. Frankly, we wouldn’t do what we do if that weren’t the case, as good oil and gas investments are those that make money, and lots of it.
That said, we’re leery of the terminology.
Why So Little Talk of “Tax Benefits” and “Tax Shelters?”
Decades later, we know better and you get to reap the rewards.
Phenomenal Oil and Gas Investment Opportunities
We talk more of “phenomenal oil and gas investment opportunities” than we do of “tax benefits” and “tax shelters.” The reason is simple. While certainly the “benefits” (i.e., help on April 15th and tremendous ROI) of our investments is both stunning and quantifiable, our focus is on the quality of the oil and gas investment opportunities we seize. We want our investors to know that we’re in the oil field evaluating, inspecting, and measuring potential projects to ensure that the ones we take on are low risk, which translates as high probability that the well will produce a significant amount of oil over the life of the investment. So, we’re not into throwing around terminology to get you to jump into an investment. We’re about phenomenal oil and gas investment opportunities, so prefer to use that language.
Where Are Our Oil and Gas Investment Opportunities?
Because “phenomenal oil and gas investment opportunities” are our aim, we tend to focus more on geology than geography. Certainly, the majority of our oil and gas investments are in North America, but we regularly evaluate projects all over the world. In short, you will find Energy Capital Fund anywhere there is a phenomenal oil and gas investment opportunity.
DIFFERENTIAL Voting Rights shares, popularly known as DVRs, are like ordinary equity shares, but with different voting rights. DVRs provide the shareholders fewer voting rights than that of ordinary equity shares.
DVRs mostly trade at a discount and sometimes, the gap between DVR and ordinary shares is big, providing investment opportunities.
DIFFERENTIAL Voting Rights shares, popularly known as DVRs, are like ordinary equity shares, but with different voting rights. DVRs provide the shareholders fewer voting rights than that of ordinary equity shares. They are listed and traded in in the same manner as ordinary equity shares. Is it a good idea to have DVRs in your portfolio? Let us check it out.
Understanding DVRs
DVRs are similar to ordinary shares but carry lower voting rights and higher dividend. For instance, class ‘A’ DVR shares carry one tenth of voting shares which means one voting right for every 10 DVRs held. At the same time, this type of shares get 5% more dividend than that of ordinary equity shares. Generally, companies issue DVRs to prevent dilution of voting, hostile takeover and sometimes to fund large projects.
DVRs are mostly traded at a discount owing to the lower voting rights they carry. Globally, the discount rate is 10-12% but in India, they are traded at a discount of 40-50%. Ordinary shares and DVR shares tend to follow the similar pattern, of course, with a gap in price, and volumes of trade in DVRs are lower. Currently, only a handful of companies such as Tata Motors, Gujarat NRE Coke, Pantaloon Retail and Jain Irrigation have issued DVRs.
Should you buy DVRs?
There are several important factors that a retail investor needs to consider while buying DVRs. As we have discussed, DVRs mostly trade at a discount and sometimes, the gap between DVR and ordinary shares is big, providing investment opportunities. However, this gap will shrink over a period of time when everyone realises this as an opportunity and increase in awareness of this product and price of the DVRs will go up.
DVRs are a good investment opportunity for those investors who are keen to receive higher dividends and are not interested in attending annual general meetings of the companies and take part in decision making and voting process.
Similarly, as an investor if you are bullish on the company’s long term prospects, you may look at investing in its DVRs as it provides an opportunity to receive higher dividend and also take part in the company’s growth via capital appreciation.
However, before investing in DVRs, you should be convinced about the company’s future prospects and its fundamentals, and most importantly, management. Otherwise, there is no merit in giving up your voting rights for a lower price and it may not yield you the desired returns.
With high inflation in the market and increasing cost of living, experts believe keeping all savings in bank with a fixed interest rate is not a viable option. It is no surprise that money makers are moving towards investment options which can provide a fair amount of return in a short time period. The higher the risk, the higher the return.
Below are the top 5 investment options popular amongst smart investors that grows your money faster than you can imagine. Grab the one best for you!
Stocks
Who doesn’t know about stocks? The most common of the investment opportunities with options ranging from high to low risk. Dealing in stocks is a demanding task. One should have a comprehensive knowledge about economic and market conditions. Else you will easily be misguided by giant players of the market.
Bonds
High yielding bonds issued by the governments or a high debt company are yet another popular form of investment. The risk is however less and so is the return.
Commodities
Commodity Future Trading is done in international arena. You trade for the present or in the future commodities offered by Pakistan Mercantile Exchange (PMEX). It takes in account the economic and political conditions of the world. The demand and supply of these commodities is better understood when you actually get into the play.
Though it provides fairly high returns in comparison to other investment opportunities, Commodity Trading is still in its early phases in Pakistan. ACM Gold (Pvt) Ltd., a Pakistani brokerage firm has stepped ahead from its competitor by introducing a powerful trading platform, Meta Trader 5. It is one of the latest and most technologically advanced trading portals, which allows its users to trade conveniently online as well as on their smartphones.
Foreign Exchange
If you are an amateur in this field, you will find yourself baffled about Forex trading. It is the oldest yet the hardest form of trading. Only professional investors can deal with the pressure of currency trading. The risks are high due to quick changes in the currencies and its values, the returns are quick too. Totally worth it!
To invest in currencies, the investor should be keen about the various world markets. The economic and political situation of different countries of the world is essential to be known here. Do remember all currencies are inter-related. In order to trade, you should short one currency to put a long on another.
Real Estate Investment Trusts
Have you witnessed the recent developments in real estate market and the boom in their prices? Yes the real estate investments have become the talk of the market in Pakistan. Since a couple of decades, a fairly large development is seen in this sector.
Real Estate Investment Trusts provides you with high dividends and tax benefits from the government. Yes you guessed right. The returns depend on the economy of the country and the real estate market boom. So before to jump in, make a clear note of it.
All the markets and investment opportunities listed above will no doubt make money for you. But considering the risks and returns in your context will get you to the most suitable option. So what will be your move?
If you’re an entrepreneur or investor looking where to invest your money with good returns, the following are smart investment opportunities in Nigeria that you can leverage on. Jumia Travel, the leading online travel agency, shares 4 smart investment opportunities in Nigeria that you can take advantage of.
Livestock Farming
This is one of the fastest growing business opportunities in Nigeria especially with the federal government’s ban on the importation of live or frozen poultry beds. It’s generally a booming business in Nigeria and with the 170+ millions mouths to feed, there will always be demand for livestock. The major challenges of this venture are lack of technical know-how and use of crude equipments, which hampers the industry’s growth, however if you have the adequate knowledge and patience to nurture this venture, you will reap immensely.
Sewing Specialized Uniforms
There are over 500 schools (crèche, primary and secondary) in Lagos alone and that number is still on the increase. These schools need uniforms and you can be the one to provide that. Aside educational institutions, individuals and corporate institutions also need uniforms for security personnel and staff, even military, paramilitary and non-paramilitary organizations need uniforms. You can position yourself to supply these uniforms and make good money from it.
Real Estate
People are always going to need homes, apartments, residences, office spaces etc. Rather than piling your money up in the bank, invest in real estate. You can buy a land in a good location, give it time to appreciate and sell at a much higher price, or rent out an existing property. If you don’t want to go through the ups and downs of running a real estate development business,you can simply invest the development of shopping malls, residential apartments, events and conference halls etc. Some real estate consulting firms that can help with this are Cappa D’Alberto, Whitebricks, Propertylink Real Estate Investment Limited, Elegant Court etc. Daycare Center
It is surprising that more people are not leveraging on this business opportunity considering the increasing demand for quality child daycare services. Both parents are now working harder to generate enough income to keep the family going, thus increasing the demand for these daycare services. Yes there are a number of daycare centers but not many are of the exceptional and reassuring quality most parents are looking for, that’s why many parents will rather leave their children with a relative.
You can leverage on this and come into this venture with exceptional service, recommendations and quality to help you stand out positively. You can start small as a small-scale babysitting service or nanny agency and expand to a full-scale childcare center.
Are you an investment enthusiast who don’t have money to invest but want to know which area of Nigeria economy is much lucrative so you will strategize how to raise resources for your investment?
Let’s discuss about investment and business opportunities in Nigeria.
You’re welcome to the Africa Business Classroom (ABC).
I started my first business before I was a boy of 15. Today I run my company in Lagos and operate in different states of Nigeria.
Let’s start this tutorial.
First, what is investment?
Investment is like a seed planted with a hope of having multiple seeds in return or you call it a sacrifice made for a better tomorrow.
As business people, investment could be money, time and energy we put in a certain business with the hope of having good ROI (Return on Investment). There are various types of investments (as we will explain soon) and how to invest.
Now let me share with you some of the areas you can invest in. some of these industries may require that you have millions of naira to invest but don’t panic.
I will share also, some low investment opportunities and even one or two near-to-zero investment opportunities (such that you can invest in with little or no money)
33 Investment Opportunities in Nigeria
There are four major means by which someone can invest in Nigeria (or let me say four means that are simple and accessible by most of us)
You can invest your money in Nigeria through quoted companies listed in the Nigerian Stock Exchange.
Many of the companies listed on the Nigerian stock exchange market are successful companies who seek investment from various people in order to be stronger and to have resources to win competition in their various industries.
When you acquire a certain numbers of shares in such a quoted company, you will then become a shareholder. This makes you an automatic “partner” to the owners of such companies.
You will be recognized (either by law or by people) as one of the owners of such company.
Advantage of this kind of investment is that, you are not going to be involved in the day to day battles of the business world as regard the company you invest in (except of course if you actually own a lion share in the total company`s shares)
You will earn your ROI (return on investment) and every other entitlements (if any) every year ended.
Note that the year ended of some companies isn`t December 31st. Some companies usually start their new business year in July 1st and end it in June 30th or start by April 1st and end it by March 31st the next year. There is no business law that says that a company must prepare their end of the year financial statements by December.
You have seen the advantage of investing in stock… you can earn 300%, 500& even 1000% Return on Investment (ROI) just by investing your money in one of the companies listed on the Nigerian Stock Exchange Market.
Wait! There are some disadvantages.
You can lose your money too.
This is not just about investing in Nigeria stock exchange market alone. This is not about investing in stock alone, in fact, this is about business and investing generally.
I have invested in personal businesses and failed terribly.
You can invest your money in your own business and lose everything, if you don’t know the language (strategies, tactics) of the business world, but you see, when it comes to stock market, you`re not in control.
Just as it sounds easy to make money just by investing in stock (no business headaches, nothing), it may sound unfair that circumstances beyond your control or understanding can lead to lose of your investment.
Think about 2008 economic meltdown.
Few years after then, I looked at the stock prices of some companies in Nigerian stock market I was familiar with and I pitied their shareholders.
I saw companies that were having their stock prices as high as #80, #100 before the global meltdown then having their stock prices as low as #5, #8.
What a terrible lose!
You can`t possibly control what happens to the world economy, can you?
You think about this.
The speech, action or even travels of Nigerian president can affect the prices of stocks at the stock exchange market (not Nigeria alone. It happens everywhere).
Now tell me, can you explain the reason why the price of the stock you bought would go up because Nigerian president travels to Australia and stays there for one week?
Why will the worth of your stock come down because Nigerian president travels to China and doesn`t stay long?
I`m sure some investment experts will know the reason behind this, but I don`t know.
I`m only saying this so as to reveal to you how your stock investment is not in your control.
Think about this.
There is a grievous lose in the stock prices for Nigerian (and international) investors who invested in the Nigerian stock exchange market some days before 2015 general elections and just immediately after the election, there was an unusual rise in the price of the stocks.
Why this fluctuation?
I didn’t know, until I heard an expert talking about it on the television.
According to him, most people were afraid that there may be civil war in Nigeria after elections, so they withdrew and withhold their investments, but just after there is declaration of the general election winner and there was no problem, Nigerian investors and their overseas counterparts rushed back to the market.
Since stock investment works in the normal business principle of demand and supply, the higher demand rate led to the unusual increase in the stock prices.
I`m not making this analyses so as to discourage you from investing in stocks. If I do so, then I’m not qualify to be who I claim to be.
I have told you before that business is a war. So is investing. It’s all about talking risk, fighting war and making money.
But wait….
Don’t take blind risk on any investment opportunities
You wouldn’t want to say that because Stephen has inspired you that business is all about taking risk, then you will go straight tomorrow morning to go and invest #1 million in just any listed company on the Nigerian stock exchange.
No.
That`s not risk. That’s foolhardy.
Take smart risk.
The difference between blind risk and smart risk is the education, financial education. Business education.
Robert Kiyosaki loves to say, “Investment is not risky. Ignorance is risky”.
Take for instance, the worldwide economic meltdown that happened in the year 2008 (and affects the world till now) has been predicted by Robert Kiyosaki about six years before it happened.
I read his book where he predicted that woe in the year 2007 or so and it happened just a year after.
How can someone know what is likely to happen in the world economy?
Studies. Knowledge. Business education.
Sometimes ago I wrote somethings on our Facebook page. Most people would think I was just being who I am (an advocate of entrepreneurship or a school hater) but it was more than that.
Some months after I had being expressing my opinions about how school is destroying our future while we think it`s building it, what I was “prophesying” actually happened in April 15th, 2014 (or so) when many Nigerians lost their lives in an attempt to get an immigration job.
Someone sent mail to call me a prophet, but I’m not. Knowledge makes you to see what others cannot see.
From my studies and insight, I know we are in trouble if we continue sending all our children to schools where they will brainwash them to love job. If you don`t see that woe, I see it.
Donald Trump wondered why he would see something (maybe a business opportunity or investment opportunity or a financial woe that`s coming) and 99.9% of people would not see it.
Starting business in Nigeria, Investing in Nigeria (or anywhere in Africa) isn’t risky, if you pay the price to acquire the business skills needed to make money through your business and investment.
Forget it. If you cannot learn, you cannot earn. If you learn little, you will only earn little.
The only exception to this is, if you’ll invest your money with someone who you’re sure knows much about how to make a business successful.
I grew up under a mother who was a businesswoman. I started my first personal business before I was 15 years old. I have spent most of my adult life starting businesses, reading hundreds of books about business, making mistakes, failing and succeeding.
I wouldn’t tell you that I’m swimming millions, I’m NOT, but I know how to make a business successful.
If there is any less risky (not risk-free, friend) investment you can venture into, then that is real estate. The reason is this… the prices of properties rarely come down, especially in cities (like Lagos, Abuja, Portharcut)
In a country as populated as Nigeria (the 10th biggest country of the world), demand for land, living apartments, offices and shops will always be at increase.
That is one advantage of this type of investment.
But you see, there are two or three disadvantages too.
First, the investment in real estate is a long term investment. Your Return on Investment (ROI) doesn`t come as fast as other sectors of the economy you can invest in.
Take for instance if you invest in a building with 10 million naira in Lagos, you may not be able to make such money back in 5years.
Yes, you can continue to make money from such investment for 200 years (ho, sorry you cannot live 200 years on earth. Well, your children and grandchildren could be profiting from your investment after you`re gone).
Another thing you have to watch out for is that, you really cannot know how to invest in good location (or what makes a location really good), until you train your mind to see invisible opportunities.
If you ask an average man what a good real estate location is, he may tell you it`s a populated area where the rent is high.
The problem with this thinking is that, whenever the rent is costly, the land and cost of building too will be costly.
What if you could sport an area with low cost of land and building, but which (as you have used your financial mind to calculate) in the next few years, the property there will be gold?
What if you could learn how to locate properties some people are tired of, buy them and renovate them?
What if you could actually be smart with your real estate investment in Nigeria and Africa?
You can, if you care to learn by reading good books on the subject of real estate.
Donald Trump is a man that comes to my mind. He is a genius real estate man. He has written few books on the subject if you care to read them, search for them in bookstores or online.
Invest with a friend or business partner.
As I am writing this, I have friends who have invested in my business ventures. They are busy and or not business minded, but they trusted me with their investments.
You can invest with a trusted (I mean trusted) friend or a business partner.
If it`s possible, let there be a solid business agreement. People change when money comes.
Invest into your own business.
So far we have discussed about how to invest in stock (through Nigerian stock exchange market), how to invest in real estate in Nigeria, how to invest with a friend or a business partner. Now, let`s check how you can invest in your own personal business.
You can invest to a business which is going to be yours. In this case, you`re the Agfa and Omega. You own your business and you`re responsible for it day to day running and progress of the business.
In the future you may have the need to take such company to public and sell part of its share, you will still be the major share older and probably the CEO.
Let me tell you this. You can excel with any kind of business provided you`re skilled in the art and science of business.
A business minded person is like a skilled soldier. A skilled soldier can fight with any weapon (or even snatch the weapon of the enemy).
To be a skilled entrepreneur, you must be a student of business. You have to learn how to be an addict reader.
You can register for any of our great business training HERE or download my 2 free business books HERE.
After saying this, let me list below some of the ideas about the areas of business you can invest into:
Whether we like it or not, oil will not be the hope of our future economy. Agriculture sector will be.
You may have any other area of interest apart from the ones I will talk about here, be sure you can make money from your investment in Agribusiness.
Can you invest in Fish Farming business in Nigeria?
Yes, you can. People may not buy clothes, but they must buy fish (at least many people have to).
Investment in fish farming could yield a good return in Nigeria because Nigerian government is not smiling at importation of frozen foods.
That`s a good news for local investors, don’t you think so?
What about poultry farming?
What about snail farming
You can invest in fashion industry.
Yesterday I was reading about the richest woman in Nigeria (Mrs. Alakija) who started her business career with a tailoring company.
You can have a fashion company which specializes on sewing clothes and training people to be fashion designers.
Sewing of specialized uniforms
You can brand yourself as a specialist in uniforms of all kinds; private school uniforms, clubs uniforms etc. if you keep on growing, you may soon be winning government contracts to sew police uniform, Nigerian army uniform etc.
Specialize on a particular kind of dress
I`m sharing with you strategies to succeed in your business. As I told you in how to sell more of your products, specialists are always respected.
Is there any way you could invest your money, time and brain power in mastering a single kind of modern clothe (i.e. English suit, Ibo dress, Yoruba natives, etc.)?
If you want to compete in the fashion industry (or any other industry for that matter), you will succeed faster if you`re a specialist than if you are “everything goes”
You can invest in a construction company.
Become a recruitment agent
Importation of wears
Importation of used cars
Importation of other used materials
Transportation business
Bakery business
Eatery and restaurant
Online retailing
Web hosting
Web designing
Bulk SMS portal
Blogging
Daycare center
Private primary school
Computer training/ICT center
Waste management company
Palm oil business
Solar energy company
Bottled water product, packaging and marketing.
Hairdressing/barbing saloon
Just anything, provided you are business minded.
Yes, you can venture into any business of your interest and make a lot of money out of it (even when most people doing such business don`t make money)
I think I know what I am saying. I have played for a while (not too long, anyway) in the game of business.
I know that a skilled business person or investor could turn sound to gold.
I have this three final advice for you
Focus on business education first.
How many times have I told you something similar to this? I can tell you one million times if the need be.
A soldier really don`t need to worry about where to fight (because there is always battles all around the world)
A soldier never have to worry about weapons to use in the battle (because he can always get one or snatch that of his enemy)
But a soldier has to worry about his skills, his military skills and tactics.
I have a book in my library written by the American real estate guru, Robert Allen. Allen claimed sometimes ago that if he was taking to anywhere in America, without a penny, he would buy a real estate asset.
Robert Allen was held to fulfill his claim. Everything was taken away from him and he was taken to a city he never knew he was going to be taking to.
Allen bought a piece of real estate property without a penny with him.
Robert Allen is known with his “nothing down” investment strategy. He believes that the number one thing anybody needs to be good investor is business education and investment skills.
If a soldier is truly skillful, he can never lack for weapon or the battle field to operate because there are battles everywhere in the world where skillful soldiers are needed and there are sophisticated weapons on ground for any soldier who can help win battles.
There are business and investment opportunities all around you in Nigeria and other part of Africa and there are resources to finance such investment too, but you need skills to learn how to see opportunities that are not visible to the physical eyes and the skills to get, gather and use resources in such a way as to get good return on your investment.
The second advice I have for you is that, you have to look through the above list and think about anyone of them you actually love to invest in.
You cannot just invest in things you don`t have passion for. If you do so, you will fail.
Before you can make money through real estate investment, you have to love properties, constructions and stuffs like that.
If you want to invest in stock or bond, you just have to be a lover of them.
You cannot make money in the fashion industry if you are not passionate about clothing and fashion, no matter how much money you have to invest.
My third and final advice is, it`s not a must you start your investment journey with one million naira.
The first time I invested in stock, I invested something less than #10,000. Yes, I didn`t make millions from that investment nor did I later become a stock investor, but I made a step forward.
Start somewhere. Acquire business skills. Invest and make money.
