Financial Literacy for Everyday People
Lesson 6 from Lessons From Our Last Nigerian Stock Market Fiasco
Most folks invest based on the hope of a future profit, often peddled by financial advisers. This hope is often based on anticipated events that are outside the control of the investor, hence can go either way. There is … Read More
Lesson 5 from Lessons From Our Last Nigerian Stock Market Fiasco
The best way to determine the outcome of your investment is to be in the driver’s seat, rather than hand over control to some stranger, walk away, and go pray for the best.
Before you invest in any business, … Read More
This is lesson 4 from Lessons From Our Last Nigerian Stock Market Fiasco
You need an entry and exit strategy for every investment you are considering. Everything, including investment, has a beginning and an end, and entry and exit. You are to determine your point of entry, and when to … Read More
With the new year well on its way, I am resuming Lessons From Our Last Stock Market Fiasco
Lesson 3 from Lessons From Our Last Nigerian Stock Market Fiasco
3) Do not rely on your broker and analyst/advisor – do your own due diligence
Most people leave their investment decisions … Read More
Lesson 2 from Lessons From Our Last Nigerian Stock Market Fiasco
Investing in your education and getting a good grasp of the investment terrain you want to venture into does not give you the license to cast off all restraints and jump in head first. After the head knowledge comes … Read More
Lesson 1 from Lessons From Our Last Nigerian Stock Market Fiasco
Before entering into any investment whatsoever, you have to look before you leap and conduct due diligence before you commit your funds. This is common sense, but unfortunately, it is not very common. Human beings, especially the Nigerian variety … Read More
The crash of prices of stocks in the Nigerian stock market, and globally is no longer news. Stock markets go through cycles of boom and bust, ups and downs, and once in a while a tsunami the type we just witnessed. It comes with the terrain, and it is not … Read More
