INVESTMENTS IN THE NEW YEAR

 Good Day Readers, 

Happy New Year!!

This is officially the first post of the year 2021 and sorry it is coming late. The beginning of the year has been very wonderful and we cannot wait to roll out the plans for the new year for you'll to start enjoying.

Today we would be discussing on 'Investment in the new year'. When it comes to investment, a lot of factors have to be considered such as;

  • Investors Risk Appetite - We have discussed this on the blog before and we would like to reiterate again, your risk appetite determines what sort of investment you can go for. Here is the link to read about it again.
  •  Investors Age -  Surprising but very true, we cannot advise someone in their 40's and 50's to do the same investment as someone in their 20's or 30's. In your 20's you can take higher risks, in your 40's you have to reduce your risk appetite cause you have to consider your immediate family commitments and in your 50's when you are saving for your future after retirement your risk appetite towards investments should be the barest minimum.
  • Amount of money looking to be invested - Whatever amount you are looking to invest use to be very important but with the aid of crowd funding services springing up you need not dwell too much on this. All you have to do is find a trusted crowd funding financial management firm to pitch your tent with.
  • What the money is for - Before investing, it is best to weight your investment options and the risk involved with what the money actually is for. For example, your children's school fees should be put in a low risk investment plan and one you have easy access to.

We are sure some of the factors listed above seemed weird until properly broken down but none of the factors must be left unconsidered this new year. The above is for those who are new to investments but if you are an oldie we advise you review your investment accounts to see if their is any you want to stop or focus better on.

In other news (old though but for those who do not know), Elon Musk is now the world's richest man. The tech giant is the CEO of the famous electric car company Tesla whose share price went up by over 70% in December. 

TIP - NIO is a fast growing Chinese electric car company which we advise everyone to jump on now. It is believed in the automobile space that if any company is to rival Tesla in the long run it is NIO. 

SQUARE is another stock to watch out for in 2021. They are the biggest produces of card readers which helps sellers accept contactless card, chip credit cards, Apple Pay and Google Pay. 

That is all for this week. 

Till the next post;

Please share and comment.

Your Very Own Financial Times.



Comments

Post a Comment

Popular posts from this blog

Stocks To Watch

 Good Day Guys, I would have loved to go in-depth in trying to explain the US stock market but that would be for a later post.  The year 2020 has been a very trying one for each and everyone of us one way or the other. For some they have won and for others they've lost. To people who have lost, 'Kashama Dupe' (Let's just thank God) we are alive and well. In the face of the many depleting world economies, some firms have stayed winning because they have not just shown resilience but also shown that they are indeed the future and many of these firms are in the technological sector.  Firms like Zoom, Microsoft, Apple, Slack amongst many others have seen their stock price rise and profit hit an all time high due to the changes in the world caused by COVID.  Working from home is the new norm and every organisation around the world has had to adjust to this to stay afloat thus making web and internet based applications like Zoom, Microsoft (Teams especially), Slack and even N
Read more

Stocks To Watch 2021

Good Day Readers,  In a couple of hours we will be in March (as at the time of writing this post) which is the end of the first quarter of the year 2021. As your go to place for investment advice and financial watch, we remain ever committed to fulfilling all the goals and objectives set for the year on having a more organised web page. Today we will be discussing on the stocks to watch in 2021. The stocks listed below were carefully curated from the end of last year till now and they were picked based on forecast of future financial growth, all round company growth, business acceptability in the long run and both present and future world events.  NIO - We believe this is one for the future. NIO is a Chinese owned electric vehicle company set to rival TESLA. Now trading under the $50 mark per share, the stock forecast expects that in 5years or  less it would have grown by over 900% to about $450. If you buy $1,000 worth of NIO now, in 5years it would be worth $9,000. We think just beca
Read more

DILEMMA CALLED THE NIGERIAN TREASURY BILL

 The Nigerian Treasury Bill;  hmm.... Hi Guys,  It's already a month we began this journey to financial literacy together. Happy new month people; I wish you the very best of the festive seasons and please try to make someone smile this December. According to investopedia, treasury bill is a short term government debt obligation backed by the treasury department or CBN in Nigeria's case with a maturity of one year or less (mostly on quarterly basis). They are low risk and secure investments. Let's simply put it this way, when government wants to finance public projects and are unable to raise funds they issue IOUs (I Owe You) to investors stating they have collected a certain amount from them and effectively pay interest immediately while your investment runs for the agreed tenor.  A lot of factors influence the interest rate of Treasury bill amongst which are the treasury bill auctioneers and types of bidders, market impact and most importantly the economy's inflation
Read more