30 Apr
30Apr

     First off, What the heck is Investing ?

It's all about committing money or capital to an endeavor with the expectation of obtaining an additional income or profit. investing however comes with the risk of losses.

You should know that regardless of where you invest your money, you're essentially giving your money to a company, government or other entity with the hope of getting more money in the future.

How Is Investing Different ?

Investing is very different from Saving or Trading. ''

When you decide to invest, you're putting money away for a long time like; 3-5 years or more.

Trading on the other hand involves active speculation in the financial market on a regular basis for quick profits.

Savings is basically storing up your money in a bank account for instance, with no risk of losses and no returns on your money, what you keep is what you get whenever you need it, most times, inflation and bank charges attack your funds.

       Investing is riskier because of the possibility of losing your money, there are no guarantees, it's not a get rich quick scheme and requires a lot of patience and you doing your due diligence and invest in markets, businesses, companies and assets that have a high chance of a good ROI.

Getting Started With Investing.

Contrary to Popular opinion, you do not need lots of money to start. there are micro investing apps like Acorns and Stash that give everyday people access to the stock market for as low as $5

You could also invest in Cryptocurrencies too with Coinbase, Binance and other popular exchanges for as low as $10 if you think cryptos is the right investing path for you. 

It all depends on you, you simply:

  1. Create an account with your broker or company of choice, 
  2. Make a transfer of an amount you're comfortable with from your bank account.

Then you will be provided with a diversified portfolio of asset classes you can invest in from Forex to stocks to bonds and Cryptos, it works almost the same way.

For Information on how to go about this you can send us a message and we will be glad to assist and advice you on the best platforms to use for investing and the best stocks and asset classes to invest in right now in 2021.


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