How can I invest Money?

Saving is a great idea! You get to keep some money aside for the rainy day. But what if while you save, you can earn even more which you can fall back on a rainy day. This is what investment does for you and why it is an even greater idea.

Investing money can be tricky if you don’t understand how to. Although investing can be scary, but with the right understanding, and good investment options, you have nothing to worry about.

There are several reasons to start investing, for example, you may want to invest because you want to start a business or expand an existing business. There are many great investment options which can give you greater returns. Some of these options include:

1. Bonds and Stocks: Investing in bonds means you loan your money to the government or a corporation which will then pay you back with interest while investing in stocks means you are acquiring a share in a corporation making you a part owner. You can start investing in Nigerian stocks and bonds with AXA Mansard equity income fund.
2. Starting Your Own Business: You can also invest in a business by starting your own company or pooling money together with a group to start a business. Starting a business is also a good way to invest your money as it can bring you good ROI.
3. Real estate investment is also a viable investment portfolio. Owning a property can bring you good returns on your investment, especially with the population boom and increase in the cost of housing. You can also buy, and fix run down houses to increase their monetary value and sell them on for a profit after renovation.

In conclusion, there are several ways to invest your money, as listed above. However, for low-to-medium risks investments, you can start with either money market fund or equity income fund.