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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

Jewel
JewelKnowledge Seeker
Asked: August 21, 2023In: Money & Business

What is the main function of investments?

We all heard of investments and most people would even like to go into the field, the best question to ask oneself is, what is the function of what am going into? Knowing the function of investments would help us ...Read more

We all heard of investments and most people would even like to go into the field, the best question to ask oneself is, what is the function of what am going into? Knowing the function of investments would help us know what we are doing .

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  1. Emmy boy
    Emmy boy Newcomer
    Added an answer on September 23, 2025 at 9:11 am

    The main benefit of investing is to generate a sort of passive income, but the main thing is doing a proper investment strategy not just investing, investing in something that can generate you a stable income source. Proper investment strategy can generate wealth and financial freedom for some peoplRead more

    The main benefit of investing is to generate a sort of passive income, but the main thing is doing a proper investment strategy not just investing, investing in something that can generate you a stable income source.
    Proper investment strategy can generate wealth and financial freedom for some people
    In summary if making good investment can bring about long-term financial goal and wealth.

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Jewel
JewelKnowledge Seeker
Asked: September 18, 2023In: Money & Business

What are the valuable assets I can invest in ?

Investing in a low valuable assets can lead to lose in investment, also knowing tje right asset to invest in can help grow our income and make investment less risky, but how do I know the valuable asset i can ...Read more

Investing in a low valuable assets can lead to lose in investment, also knowing tje right asset to invest in can help grow our income and make investment less risky, but how do I know the valuable asset i can invest in ?

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  1. Augusta
    Augusta Enlightened Mentor
    Added an answer on December 4, 2025 at 4:27 am

    I think this would depend on one's location.Like in my country Asset Classes to Invest your Money in Nigeria  include . Equities,  Bonds · Mutual Funds, Real Estate and  Term Deposit you just have to assess them to know the ones to go for. You can also look atb Certificates of deposit (CD's) · BondsRead more

    I think this would depend on one’s location.Like in my country Asset Classes to Invest your Money in Nigeria  include . Equities,  Bonds · Mutual Funds, Real Estate and  Term Deposit you just have to assess them to know the ones to go for.

    You can also look atb Certificates of deposit (CD’s) · Bonds · Real estate investment trusts (REITs) · Dividend-yielding stocks · Property rentals · Peer-to-peer lending.

    Best Low-Risk Investments is where low income earners should focus on .

     

     

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Jewel
JewelKnowledge Seeker
Asked: August 16, 2023In: Money & Business

Can we use our asset as an investment?

An asset is anything valuable and individual has or control with the expectation that it will provide future economic profit knowing this in mind the main question is can we use our assets as investment is there any usefulness in ...Read more

An asset is anything valuable and individual has or control with the expectation that it will provide future economic profit knowing this in mind the main question is can we use our assets as investment is there any usefulness in doing that

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  1. Mika
    Mika Expert Mind
    Added an answer on August 17, 2023 at 3:39 am

    Investment means something that you give you return. There is a slight difference between assets and investment. Well, your car is your asset but does your car gove you any return, do you make profits form your car, well if your answer is no, in that case your care despite being an asset is not an iRead more

    Investment means something that you give you return. There is a slight difference between assets and investment. Well, your car is your asset but does your car gove you any return, do you make profits form your car, well if your answer is no, in that case your care despite being an asset is not an investment. However., yopu can of course use your asset for investment purpose. For instance if you drive for ride sharing company, your car will be investment as it will start bringing you money.

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Mika
MikaExpert Mind
Asked: August 24, 2023In: Money & Business

How to create investment funds?

You need money for investment. The more money you have the more portfolios you can build. The more money you have, the better diversification you can do. But the question is how to build investment funds?

You need money for investment. The more money you have the more portfolios you can build. The more money you have, the better diversification you can do. But the question is how to build investment funds?

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  1. Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on April 13, 2024 at 5:51 am

    It shouldn't be so hard for an individual to create investment funds. One of the major reasons why majority of persons are not investing money today is because they find it very much unable and un easy to create investment funds. Investing money is an important part of living because doing so increaRead more

    It shouldn’t be so hard for an individual to create investment funds. One of the major reasons why majority of persons are not investing money today is because they find it very much unable and un easy to create investment funds. Investing money is an important part of living because doing so increase the money you have to spend and the money you have to save for future unforeseen occurrences. In order to increase your chances of investing money, whenever you appeared your salary or realize profit from your business you must deduct a reasonable amount and make sure to allocate this amount for investment purposes even if they are no investment opportunities on ground.

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Jewel
JewelKnowledge Seeker
Asked: September 19, 2023In: Money & Business

Do i need a partner to run an investment?

Having a partner in a business can help in the fast growth of the business and also reduces the amount of pressure, but does partner matters in investment?

Having a partner in a business can help in the fast growth of the business and also reduces the amount of pressure, but does partner matters in investment?

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  1. yusra
    yusra Trusted Adviser
    Added an answer on September 20, 2023 at 3:54 am

    No, you do not need a partner to run an investment portfolio. Here are some key points on investing successfully on your own: - Set clear goals - Establish your investment objectives, time horizon, and risk tolerance. Be specific about what you want to achieve. - Do your research - Gain an understanRead more

    No, you do not need a partner to run an investment portfolio. Here are some key points on investing successfully on your own:

    – Set clear goals – Establish your investment objectives, time horizon, and risk tolerance. Be specific about what you want to achieve.

    – Do your research – Gain an understanding of asset classes, portfolio allocation, individual investments, fees, and markets. Leverage free online resources.

    – Start small – You can begin investing on your own even with modest amounts of money. Consistency is key.

    – Automate processes – Set up automatic transfers from your bank to investment accounts to enforce consistent investing.

    – Stick to a plan – Have a written investment policy statement to guide your asset allocation and rebalancing. Avoid reacting emotionally.

    – Use passive investments – Opt for index funds and ETFs over stock picking. This provides instant diversification and lower expenses.

    – Reinvest earnings – Let compounding work for you by reinvesting dividends and capital gains.

    – Review periodically – Check in on your portfolio at regular intervals and rebalance when allocations drift.

    – Adjust as needed – Update your investment plan as your goals, time horizon or risk appetite changes.

    While having an investing partner provides another perspective, it is certainly feasible to invest successfully as an individual. The key is doing your homework, automating the process, and sticking to your plan.

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Mika
MikaExpert Mind
Asked: August 22, 2023In: Money & Business

What are the best platforms for stock investment?

I would like to invest in the stocks through stock investment and trading platforms, what options do I have for stock investment?

I would like to invest in the stocks through stock investment and trading platforms, what options do I have for stock investment?

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  1. deucher
    deucher Active Contributor
    Added an answer on April 28, 2024 at 3:28 pm

    I think that it is not so difficult to make such a choice because there are now many such platforms and all of them are reliable and convenient for investing. You can try with Libertex because now they don't charge a commission for buying or selling, only spread commissions. It is very convenient toRead more

    I think that it is not so difficult to make such a choice because there are now many such platforms and all of them are reliable and convenient for investing. You can try with Libertex because now they don’t charge a commission for buying or selling, only spread commissions. It is very convenient to do all this there, but as far as I remember, there is not such a large selection of shares. You can also try Interactive Brokers because there is a much larger selection of assets

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Slaky12
Slaky12Knowledge Seeker
Asked: May 6, 2024In: Crypto & Forex

Why is cryptocurrency investment consider as risk investment?

Cryptocurrency investment has been seen a the fastest richest investment, but why is it consider as a risk investment?

Cryptocurrency investment has been seen a the fastest richest investment, but why is it consider as a risk investment?

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  1. Light
    Light Trusted Adviser
    Added an answer on June 17, 2024 at 8:06 am

    Cryptocurrency investment is a risk investment because it's very volatile. Sometimes you are not so sure at your end point, you just hope the strategy you put in place turn out well. So many factors can influence cryptocurrency and that's the main problem. Buying and selling, economy issues, regulatRead more

    Cryptocurrency investment is a risk investment because it’s very volatile. Sometimes you are not so sure at your end point, you just hope the strategy you put in place turn out well. So many factors can influence cryptocurrency and that’s the main problem. Buying and selling, economy issues, regulations , news and so many things can affect the price of cryptocurrency. Only the stable currency are safe.

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Augusta
AugustaEnlightened Mentor
Asked: August 14, 2023In: Money & Business

What are the drawbacks associated with rental business

The thing is that the rental business is one business that one can gain big money if done properly but it also comes with it’s drawbacks. one of such is always the cost of maintenance which is always high. So ...Read more

The thing is that the rental business is one business that one can gain big money if done properly but it also comes with it’s drawbacks. one of such is always the cost of maintenance which is always high. So what do you think are the other drawbacks one might faced and need to know before venturing into rental business

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  1. Light
    Light Trusted Adviser
    Added an answer on May 12, 2024 at 5:09 pm

    Rental business is a good business. But it becomes an issue if you don't put in proper strategy, like in the case when rent our things to people far away or people you don't know their details, you might lose your property with no one to hold for it. You can also register your company Incase when isRead more

    Rental business is a good business. But it becomes an issue if you don’t put in proper strategy, like in the case when rent our things to people far away or people you don’t know their details, you might lose your property with no one to hold for it. You can also register your company Incase when issues arise you will be able to defend yourself to the core. You should inscribe your trade mark on your property or any form of sign that can be traced back to you.

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Ekubiat
EkubiatKnowledge Seeker
Asked: August 28, 2023In: Money & Business

What are the best platform to earn online without investment?

Several online platforms allow you to earn money without upfront investment. Some popular options include: Freelancing Platforms: Websites like Upwork, Freelancer, and Fiverr allow you to offer your skills and services to clients worldwide. Content Creation: Platforms like YouTube, Medium, and TikTok ...Read more

Several online platforms allow you to earn money without upfront investment. Some popular options include:

  1. Freelancing Platforms: Websites like Upwork, Freelancer, and Fiverr allow you to offer your skills and services to clients worldwide.

Content Creation: Platforms like YouTube, Medium, and TikTok enable you to create and share videos, articles, and other content. You can earn through ad revenue, sponsorships, and affiliate marketing.

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  1. JAYBEE
    JAYBEE Active Contributor It's only gonna get better ✅
    Added an answer on September 5, 2023 at 3:08 pm

    I'll talk about my own. I have been searching the internet almost everyday. I have not seen any legit website or platform, i can make money online without investment. The only place I've seen how to make money without investment, is by playing game, called crypto pop game. This game pays you in EtheRead more

    I’ll talk about my own. I have been searching the internet almost everyday. I have not seen any legit website or platform, i can make money online without investment.

    The only place I’ve seen how to make money without investment, is by playing game, called crypto pop game. This game pays you in Ethereum while playing it, it’s very legit, and you can withdraw it to your Coinbase wallet instantly.

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Augusta
AugustaEnlightened Mentor
Asked: August 16, 2023In: Money & Business

Save money with child's spacing

One of the ways you can save money especially as a parent is through child’s spacing. As you space them the new ones will be able to use the things that the previous child had and used and you ...Read more

One of the ways you can save money especially as a parent is through child’s spacing. As you space them the new ones will be able to use the things that the previous child had and used and you would saved money from huying new things for the new child. What do you think?

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