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Allison

Knowledge SeekerArchiever 💪🏽🔥
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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

Allison
AllisonKnowledge Seeker
Asked: September 15, 2023In: Money & Business

What are the guidelines to follow when investing to avoid loss?

I know very well that investment comes with risk, and you may lose at times. Even with this, I think news on guidelines on how to invest can help avoid the loss. What are the guidelines?

I know very well that investment comes with risk, and you may lose at times. Even with this, I think news on guidelines on how to invest can help avoid the loss. What are the guidelines?

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guidelinesinvestment
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  1. William
    Best Answer
    William Active Contributor Entrepreneur
    Added an answer on September 18, 2023 at 10:52 am

    Don't invest more than you can afford to lose, and adjust your investments to match your risk tolerance.Long-Term Perspective: Investing is often a long-term endeavor. Avoid making impulsive decisions based on short-term market fluctuations.Dollar-Cost Averaging: Consider using this strategy, whereRead more

    Don’t invest more than you can afford to lose, and adjust your investments to match your risk tolerance.Long-Term Perspective: Investing is often a long-term endeavor. Avoid making impulsive decisions based on short-term market fluctuations.Dollar-Cost Averaging: Consider using this strategy, where you invest a fixed amount of money at regular intervals. It can help reduce the impact of market volatility.Avoid Timing the Market: Trying to predict market highs and lows is challenging. It’s generally better to stay invested consistently rather than attempting to time the market.

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Allison
AllisonKnowledge Seeker
Asked: September 15, 2023In: Money & Business

What are those expensive habits you should avoid to save money?

What i mean by expensive habits, are those things you do, and it makes it hard for you to save money. How can you avoid it?

What i mean by expensive habits, are those things you do, and it makes it hard for you to save money. How can you avoid it?

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expensive habitssave money
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  1. Light
    Light Trusted Adviser
    Added an answer on August 19, 2024 at 10:13 am

    If you smoke, please look for a way to stop it, that's expensive lifestyle as a drug addict, you are compelled to smoke or take this drugs frequently which costs you souch. If you womanize this is bad too as your expenses will triple just to settle your sexual desires so you should drop this lifestyRead more

    If you smoke, please look for a way to stop it, that’s expensive lifestyle as a drug addict, you are compelled to smoke or take this drugs frequently which costs you souch. If you womanize this is bad too as your expenses will triple just to settle your sexual desires so you should drop this lifestyle. As a glutton you will spend more as well. You should stop eating out and buy food stuffs in bulk so you don’t spend excessively buying in all quantity.

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Allison
AllisonKnowledge Seeker
Asked: September 15, 2023In: Money & Business

Is it possible to invest and save at the same time?

A lot of people say that it’s always challenging and difficult to save money while investing. Could this be true?

A lot of people say that it’s always challenging and difficult to save money while investing. Could this be true?

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investmentsave money
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  1. Augusta
    Augusta Enlightened Mentor
    Added an answer on November 13, 2025 at 10:18 pm

    Definitely, you can do both Saving and investing at the same time. It  is a good combination for achieving both short-term and long-term goals. Most of the money saved is invested without major risk and can be withdrawn after a certain period of time. The invested assets are often only withdrawn toRead more

    Definitely, you can do both Saving and investing at the same time. It  is a good combination for achieving both short-term and long-term goals. Most of the money saved is invested without major risk and can be withdrawn after a certain period of time.

    The invested assets are often only withdrawn to realize a long-term goal such as retirement or building a house.Combining saving and investing are two strong ways of being financially stable savings and investment can work together.While savings keep your money safe, investing helps it work for you and increase in value over time. investing comes with a fact of some risk though but with the right guidance and knowledge, it can work perfectly out

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Allison
AllisonKnowledge Seeker
Asked: September 14, 2023In: Money & Business

Which is better, earning in Dollars or Naira?

There are some online earnings that pays in naira, especially Ponzi scheme. If you’re working online, which one will you prefer, Dollars or Naira?

There are some online earnings that pays in naira, especially Ponzi scheme. If you’re working online, which one will you prefer, Dollars or Naira?

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  1. William
    William Active Contributor Entrepreneur
    Added an answer on September 16, 2023 at 10:41 am
    This answer was edited.

    The answer to that question is best known to all Nigerians.we all know that naira is less in value than dollar. For me and every other Nigerians the answer is earning is dollar is the best. For example the life of every celebrities in Nigeria all doing very well in life,living their dream life, haviRead more

    The answer to that question is best known to all Nigerians.we all know that naira is less in value than dollar. For me and every other Nigerians the answer is earning is dollar is the best. For example the life of every celebrities in Nigeria all doing very well in life,living their dream life, having expensive cars. Building or buying expensive houses, traveling from one country to another, some of them give out to the people, some do giveaway weekly.all these happen because the are all earning in dollars.  that why I choose Advisordia as one of the best platform that pays in dollars and the task here simply.

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Allison
AllisonKnowledge Seeker
Asked: September 14, 2023In: Money & Business

Is it possible to survive through online income?

We have so many ways of making money online, such as affiliate marketing, forex trading and so on. Is it possible to use any of these earning method and earn a living?

We have so many ways of making money online, such as affiliate marketing, forex trading and so on. Is it possible to use any of these earning method and earn a living?

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make money onlinesurvival
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  1. William
    Best Answer
    William Active Contributor Entrepreneur
    Added an answer on September 15, 2023 at 6:08 am

    Yes, it is possible to survive through online income. Many people in Nigeria that I know earn a living through various online opportunities, such as remote work, freelancing, online businesses, blogging, content creation, and e-commerce. All happen because our government are less concern about the cRead more

    Yes, it is possible to survive through online income. Many people in Nigeria that I know earn a living through various online opportunities, such as remote work, freelancing, online businesses, blogging, content creation, and e-commerce. All happen because our government are less concern about the citizens. Though success is generating online income through the skills, dedication, and just like traditional forms of employment or business. It’s essential to research and choose the right online income opportunities that align with your skills and interests.

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Allison
Poll
AllisonKnowledge Seeker
Asked: September 14, 2023In: Money & Business

Is wholesale business better than retail business?

Wholesalers are those who sell in bulk, while retailers sells in smaller quantity. Between the both, which one do you think it’s more profitable?

Wholesalers are those who sell in bulk, while retailers sells in smaller quantity. Between the both, which one do you think it’s more profitable?

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businessretailwholesale
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  1. Augusta
    Augusta Enlightened Mentor
    Added an answer on July 29, 2025 at 4:48 am

    Wholesale businesse  to me is more profitable than retail businesses for some reasons. This is because wholesalers benefit from lower operating costs, Wholesalers operate from warehouses or less expensive locations, avoiding the high rent and design costs associated with retail storefronts. There alRead more

    Wholesale businesse  to me is more profitable than retail businesses for some reasons. This is because wholesalers benefit from lower operating costs, Wholesalers operate from warehouses or less expensive locations, avoiding the high rent and design costs associated with retail storefronts.

    There also bulk purchasing power, and established relationships with retailers, allowing for higher profit margins on individual sales.

    They often require fewer employees for customer service and sales compared to retail businesses.

    Wholesalers also focus on building relationships with a smaller number of retailers rather than extensive advertising to the general public. So it is more profitable than retailing

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Allison
AllisonKnowledge Seeker
Asked: September 14, 2023In: Money & Business

If your customers aren't satisfied, what should you do?

It’s not all customers that will be satisfied with your business or the products you offer. When it happens, what are you going to do?

It’s not all customers that will be satisfied with your business or the products you offer. When it happens, what are you going to do?

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businessproductssatisfaction
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  1. deucher
    deucher Active Contributor
    Added an answer on April 23, 2024 at 1:40 pm

    In my opinion, first of all, it is necessary to understand the cause of the problem, because if you just start protecting your business without knowing the cause, you will only make the situation worse and the client will become increasingly angry. However, it is worth solving the conflict logicallyRead more

    In my opinion, first of all, it is necessary to understand the cause of the problem, because if you just start protecting your business without knowing the cause, you will only make the situation worse and the client will become increasingly angry. However, it is worth solving the conflict logically and not just to satisfy the client if he is not even right. I would suggest such a solution that would be beneficial to both me and him

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Allison
AllisonKnowledge Seeker
Asked: September 14, 2023In: Money & Business

How can we overcome business failure?

We know very well that every business comes with loss. But there are things we should do to avoid or overcome business failures. What are those things?

We know very well that every business comes with loss. But there are things we should do to avoid or overcome business failures. What are those things?

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  1. Inem
    Inem Knowledge Seeker
    Added an answer on July 4, 2024 at 8:46 am

    One thing that would help a business to overcome business failure is effective planning. Any business that doesn't plan would always be taken unawares and that is a recipe for business failures. Have a short term and long term plan that is realistic for your business and it would bloom. Another factRead more

    One thing that would help a business to overcome business failure is effective planning. Any business that doesn’t plan would always be taken unawares and that is a recipe for business failures. Have a short term and long term plan that is realistic for your business and it would bloom.

    Another factor that can insulate a business from failure is continuous study and observability. That would help you to be abreast of all situations that could possibly affect your business for you to put safety measures ahead of time.

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Allison
AllisonKnowledge Seeker
Asked: September 14, 2023In: Money & Business

What should business owners do to avoid customers complains?

In any business, customers plays an important role. When a customer complains about a particular thing, it’s always a red flag. What should we do to avoid this complains?

In any business, customers plays an important role. When a customer complains about a particular thing, it’s always a red flag. What should we do to avoid this complains?

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businesscustomers
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  1. Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on September 14, 2023 at 5:17 pm

    It is absolutely heartbreaking for business owners and business managers to receive lots of complaints from your customers and clients as a result of failed business activities and practices with them, however business owners and business managers should understand that not all customers will be satRead more

    It is absolutely heartbreaking for business owners and business managers to receive lots of complaints from your customers and clients as a result of failed business activities and practices with them, however business owners and business managers should understand that not all customers will be satisfied with their activities, and as a result of this they may receive complaints from time to time. However it is abnormal if this complaints comes all the time. In a situation where complaints from customers and clients comes all the time, business managers and owners should never ignore this but take proper steps to resolve the issue. Ignoring this issue will lead to losing of customers loyalty and trust, and most importantly it will lead to inability for business to grow and develop through the making of profit and earning revenue. I tried to solve customer complaints, listening to the customer side of the problem can help you know where to start from in solving the issue. For example if it is in a case of customer goods getting lost in transit in the process of goods delivery, business owners and managers can solve such problems by tracing the location of the products and giving sure assurance to the customer that everything will be resolved, the business organisation must keep to this promise.

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Allison
AllisonKnowledge Seeker
Asked: September 14, 2023In: Money & Business

What should you focus on, when buying a product for sale?

In a business, what you sell, how your products looks like is what will boost your sales. What are the things to look or focus on, when buying products for sale?

In a business, what you sell, how your products looks like is what will boost your sales. What are the things to look or focus on, when buying products for sale?

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  1. Mika
    Mika Expert Mind
    Added an answer on April 22, 2024 at 5:47 am

    Manufacturing requires a lot of investment, however,acquiring products to sell can be done with comparatively smaller funds. When you are buying products to sell you will have to see the demand and supply. You need to see how many people are buying he products and how many businesses are selling theRead more

    Manufacturing requires a lot of investment, however,acquiring products to sell can be done with comparatively smaller funds. When you are buying products to sell you will have to see the demand and supply. You need to see how many people are buying he products and how many businesses are selling the products. You will also have to do competitor analysis and see how they are doing it.

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