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When it comes to making an investment, there are a lot of risk involved in it especially for a beginner who has little to no experience. What would you recommend as the best commodity or investment a beginner should go ...Read more
When it comes to making an investment, there are a lot of risk involved in it especially for a beginner who has little to no experience. What would you recommend as the best commodity or investment a beginner should go into?
Read lessCrypto currency was once considered as the new gold as many believed it would completely replace gold. Gold on the other hand has been able to stand the test of time, there are still a lot of people investing in ...Read more
Crypto currency was once considered as the new gold as many believed it would completely replace gold. Gold on the other hand has been able to stand the test of time, there are still a lot of people investing in gold till date. Between gold and crypto currency, which investment is more lucrative?
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Personally, I think cryptocurrency is more profitable than gold. Even though we know that the price of gold will always rise every year, the increase in the price of gold is very slow and the spread value is very high so it can only be used as a long-term investment, while crypto has high price flucRead more
Personally, I think cryptocurrency is more profitable than gold. Even though we know that the price of gold will always rise every year, the increase in the price of gold is very slow and the spread value is very high so it can only be used as a long-term investment, while crypto has high price fluctuations so investors can take profit when the price is high and buy when the price is low. low, so crypto is more flexible and can be used as a long-term or short-term investment depending on market conditions. Gold investment is more likely to maintain value or hedging, not to increase investment funds because the profits from gold are very small, however gold is used as a safe haven. Apart from that, gold does not produce passive income like staking crypto.
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The change of the tax laws can have serious implications and the regulations would have effect on business finances.
The change of the tax laws can have serious implications and the regulations would have effect on business finances.
Read lessTax is one source of state revenue, even though it functions to develop the country, the implications of changing tax rates that are too high will kill small and medium entrepreneurs and also kill investors, for example, if crypto taxes are too high, buyers will be subject to VAT while selling willRead more
Tax is one source of state revenue, even though it functions to develop the country, the implications of changing tax rates that are too high will kill small and medium entrepreneurs and also kill investors, for example, if crypto taxes are too high, buyers will be subject to VAT while selling will be subject to Income Tax. even though the sales price is below the purchase price (loss). On ready-to-eat food or in restaurants, VAT will be added to the purchase price paid by consumers. Small entrepreneurs will suffer even more because net profits will be subject to large income taxes. The government’s arbitrariness in increasing tax rates will cause great misery to the people.
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Diamonds are precious stones, there is a great demand for diamonds. Do you think you can make good profits by investing in diamonds? Are diamonds good investment?
Diamonds are precious stones, there is a great demand for diamonds. Do you think you can make good profits by investing in diamonds? Are diamonds good investment?
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Investing in diamonds can potentially lead to profits due to their status as precious stones and high demand. However, it is important to conduct extensive research and understand the market dynamics before investing. Diamonds are not a guaranteed investment, as their value can fluctuate based on vaRead more
Investing in diamonds can potentially lead to profits due to their status as precious stones and high demand. However, it is important to conduct extensive research and understand the market dynamics before investing. Diamonds are not a guaranteed investment, as their value can fluctuate based on various factors such as market trends, economic conditions, and consumer preferences. Therefore, while diamonds can be a profitable investment, it is crucial to exercise caution and make informed decisions.
See lessIs it possible to become rich through small investments in the long run? How likely is someone to to become very rich through small investment in a long run?
Is it possible to become rich through small investments in the long run? How likely is someone to to become very rich through small investment in a long run?
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Yes I believe that small investment can make one rich over a long period of time since it isn't a one run off thing. So it is possible to get rich. The thing is that as day passes by the investment Is also growing They are some small investment that comes with compound interest which one cab accumulRead more
Yes I believe that small investment can make one rich over a long period of time since it isn’t a one run off thing. So it is possible to get rich. The thing is that as day passes by the investment Is also growing They are some small investment that comes with compound interest which one cab accumulate more money over time so you need to keep up with the investment to realize this
Even if the reward for the investment is small you can still become rich over time as you would still accumulate the profit into the future to make a whole lot of profit provided the investment scheme ls legit
As as a beginner what would you recommend i invest in? I was thinking of gold but someone said gold would be too complex and risky for a beginner. What investments should i avoid?
As as a beginner what would you recommend i invest in? I was thinking of gold but someone said gold would be too complex and risky for a beginner. What investments should i avoid?
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Here are some types of investments beginners should generally avoid when just starting out: Penny stocks - Ultra cheap stocks of small companies trading under $5 per share. Highly speculative and prone to manipulation. Over-the-counter stocks - Stocks that trade over-the-counter instead of on majorRead more
Here are some types of investments beginners should generally avoid when just starting out:
Beginners are better off starting with building a core portfolio of low-cost, diversified ETFs, blue-chip stocks, investment-grade short-term bonds and open-end mutual funds focused on major asset classes. Learning the basics before venturing into more complex assets.
See lessInvestment in real estate is becoming really popular these days, it is not only lucrative, but it is also a great way to generate residual income. There are lots of scammers out there pretending to be real estate agents, what ...Read more
Investment in real estate is becoming really popular these days, it is not only lucrative, but it is also a great way to generate residual income. There are lots of scammers out there pretending to be real estate agents, what are the legit real estate agencies in Nigeria to invest in real estate?
Read lessHere are some of the more reputable real estate agencies and platforms in Nigeria that you can consider investing in real estate with: Landwey Investment - One of the largest real estate investment companies in Nigeria. They have projects across Lagos and other cities. Offer opportunities to investRead more
Here are some of the more reputable real estate agencies and platforms in Nigeria that you can consider investing in real estate with:
Be sure to conduct proper due diligence before investing in any real estate project or development. Look at factors like developer reputation, location, valuations, legal validity etc.
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Being rich and wealthy is only achieved through careful and interesting investment, an individual who does not necessarily need to be rich before investing, but an individual have more potential ability to invest especially when he or she is a ...Read more
Being rich and wealthy is only achieved through careful and interesting investment, an individual who does not necessarily need to be rich before investing, but an individual have more potential ability to invest especially when he or she is a rich and wealthy individual. And so personally, I believe that investment is basically a way that the rich keeps getting richer. Anyways what do you guys think?
Read lessEven though you can see people becoming rich through investment, it is easier to become rich through business. But if you do not have the skills to run a business, it is certainly an investment that will bring you richness. You can invest and continue to compound your investment for a long time andRead more
Even though you can see people becoming rich through investment, it is easier to become rich through business. But if you do not have the skills to run a business, it is certainly an investment that will bring you richness. You can invest and continue to compound your investment for a long time and then finally become rich. If you regularly invest and continue to compound your profits, you might easily become rich through any kind of investment in 10-15 years. Yes, rich becomes richer by investing, they invest on all sorts of things.
See lessCryptocurrency is a very viable investment and it could also be a risky investment if we do not know how to navigate its investment.
Cryptocurrency is a very viable investment and it could also be a risky investment if we do not know how to navigate its investment.
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Navigating the world of cryptocurrencies requires research and understanding. Start by educating yourself about different cryptocurrencies and their underlying technology, such as blockchain. Learn about exchanges where you can buy cryptocurrencies, and how to manage and secure your digital assets.Read more
Navigating the world of cryptocurrencies requires research and understanding. Start by educating yourself about different cryptocurrencies and their underlying technology, such as blockchain. Learn about exchanges where you can buy cryptocurrencies, and how to manage and secure your digital assets. It is crucial to stay updated on the latest news and developments in the crypto space to make informed investment decisions.
See lessWater is a very important commodity and a necessity we all need. We make use of water on a daily basis. In terms of investments i believe investing in water or water related materials would be a good investment, but ...Read more
Water is a very important commodity and a necessity we all need. We make use of water on a daily basis. In terms of investments i believe investing in water or water related materials would be a good investment, but are there any risk involved in investing in water?
Read lessYes, investing in water carries certain risks. Firstly, water is a finite resource, and its availability can be influenced by factors such as climate change, droughts, and pollution. This makes water investments sensitive to external conditions. Secondly, regulatory frameworks and policies related tRead more
Yes, investing in water carries certain risks. Firstly, water is a finite resource, and its availability can be influenced by factors such as climate change, droughts, and pollution. This makes water investments sensitive to external conditions. Secondly, regulatory frameworks and policies related to water usage and ownership can vary significantly across countries, which may impact investment returns. Thirdly, technological advancements and alternative solutions could potentially disrupt the water industry, affecting the value of investments. Finally, the financial performance of water-related companies can fluctuate due to market conditions, impacting the potential returns for investors.
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If you're just starting off, think about investing in commodities like gold or silver. Historically, these precious metals have protected investors against inflation and business uncertainty. Compared to other commodities, they are comparatively steady and less volatile. While these metals-related eRead more
If you’re just starting off, think about investing in commodities like gold or silver. Historically, these precious metals have protected investors against inflation and business uncertainty. Compared to other commodities, they are comparatively steady and less volatile. While these metals-related exchange-traded funds (ETFs) or mutual funds provide diversified exposure without the difficulties of direct commodities trading, making them appropriate for beginners.
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