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Nairaland Forum / Nairaland / General / Investment / How You Can Start Investing As A Student Or Young Adult (16861 Views)
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How You Can Start Investing As A Student Or Young Adult by magazineguy(m): 9:59am On Mar 06, 2018 |
If you are a student, a graduate or young adult you might probably belong to the school of thought that “To Invest I Must Be Wealthy or at least have a steady means of income” and while this may seem true because of the risk and how complicated the Financial Market looks like from the outside, it is also very wrong to believe this notion. You are never too young to invest, just like how depending on your investment choice, no amount is too small to start investing. So How Do You Start? The little change from your pocket money, NYSC allowance or business that you do, is worth more than you think. Develop a Plan This is a very crucial step, here you should start to determine how much you wish to invest based on how much you have at hand or how much you have saved up and the type of investment method you feel comfortable and the frequency of your investment. There are some investment plans that require you deposit a one time principal for a duration of time, while you get compounded interest on it over the agreed period of time. While some investment plans require that you deposit a certain amount of money monthly, quarterly, biannually or annually. It all depends on your preference. Research Find about the best investment plans that suit the plan you developed earlier. Ask questions from people who are already into investment, go online and search for relevant investment plans, contact financial services company and speak to their advisors about your plan, so they can the best investment suited for you. Invest in What You Understand Never ever make the mistake of selecting investment plans or opportunities you do not understand, if not you might end up losing the little money you’ve saved. Ensure you get a very detailed information of how the investment package works and if you do not understand some of the financially fancy terms used, asked for it to be explained in simpler terms. Once you are very sure you understand how it works, you can now proceed to invest. Monitor Your Investment It is very important that you keep tabs on your investment. This is to help you know if your investment is performing or not, if some terms have been changed and help you decide if you need to adjust your investment type. source; http://tushmagazine.com.ng/can-start-investing-student-young-adult/ 5 Likes 4 Shares |
Re: How You Can Start Investing As A Student Or Young Adult by hubtiva: 9:20am On Mar 07, 2018 |
1 Like 1 Share |
Re: How You Can Start Investing As A Student Or Young Adult by EllySteve: 9:21am On Mar 07, 2018 |
wow. Ayam so inspired Akuko. 14 Likes 1 Share
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Re: How You Can Start Investing As A Student Or Young Adult by SouthSouth1914: 9:21am On Mar 07, 2018 |
Re: How You Can Start Investing As A Student Or Young Adult by passyhansome(m): 9:21am On Mar 07, 2018 |
2 |
Re: How You Can Start Investing As A Student Or Young Adult by Tygood2: 9:22am On Mar 07, 2018 |
Ok |
Re: How You Can Start Investing As A Student Or Young Adult by johnglefury(m): 9:22am On Mar 07, 2018 |
This is good.
But how many people will it help? |
Re: How You Can Start Investing As A Student Or Young Adult by drips8(m): 9:22am On Mar 07, 2018 |
I don't even understand sef 20 Likes |
Re: How You Can Start Investing As A Student Or Young Adult by YOUNGELDER1(m): 9:22am On Mar 07, 2018 |
What exactly can one invest with 400k? |
Re: How You Can Start Investing As A Student Or Young Adult by Primusinterpares(m): 9:23am On Mar 07, 2018 |
You have said nothing... #no offense ment 35 Likes 1 Share |
Re: How You Can Start Investing As A Student Or Young Adult by Kronical(m): 9:23am On Mar 07, 2018 |
These days, Pocket money ain't even enough to buy course materials, feed on bread and beans, transport and subscribe your phone.. How can they invest then?? |
Re: How You Can Start Investing As A Student Or Young Adult by Primusinterpares(m): 9:23am On Mar 07, 2018 |
You have said nothing... #no offense ment 5 Likes |
Re: How You Can Start Investing As A Student Or Young Adult by Nobody: 9:23am On Mar 07, 2018 |
I doubt if this thread can go past page one since it is about something intellectual. And they say that they are not too young to rule. Awon omo shaku shaku 7 Likes |
Re: How You Can Start Investing As A Student Or Young Adult by Nobody: 9:25am On Mar 07, 2018 |
nothing gives more joy than investing at early 20s mod, pls am not here to advertise but to show how happy and serious am in hustling
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Re: How You Can Start Investing As A Student Or Young Adult by mayskit4luv(m): 9:26am On Mar 07, 2018 |
Re: How You Can Start Investing As A Student Or Young Adult by ClintonNzedimma(m): 9:27am On Mar 07, 2018 |
hm |
Re: How You Can Start Investing As A Student Or Young Adult by yusasiv(m): 9:28am On Mar 07, 2018 |
YOUNGELDER1: Ask me for details
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Re: How You Can Start Investing As A Student Or Young Adult by Pavore9: 9:29am On Mar 07, 2018 |
Realistically, most students are struggling with their basic needs 1 Like |
Re: How You Can Start Investing As A Student Or Young Adult by YOUNGELDER1(m): 9:34am On Mar 07, 2018 |
yusasiv: Keep your crowd funding and Ponzi scheme to yourself . Not interested 4 Likes |
Re: How You Can Start Investing As A Student Or Young Adult by purem(m): 9:37am On Mar 07, 2018 |
yusasiv: Details please |
Re: How You Can Start Investing As A Student Or Young Adult by Nobody: 9:41am On Mar 07, 2018 |
Quite banal,please take your time to elaborate on the thread,its so empty. 2 Likes 1 Share |
Re: How You Can Start Investing As A Student Or Young Adult by deafeyez: 9:41am On Mar 07, 2018 |
Learn a skill work at Fiverr ASAP |
Re: How You Can Start Investing As A Student Or Young Adult by Casper23(m): 9:47am On Mar 07, 2018 |
Am new here, hope am welcome? |
Re: How You Can Start Investing As A Student Or Young Adult by Fish4wealth: 9:54am On Mar 07, 2018 |
Victorakats: The info will be better apreciated if you drop the link to their website...lets view their antecedents |
Re: How You Can Start Investing As A Student Or Young Adult by Victorakats(m): 9:56am On Mar 07, 2018 |
Fish4wealth: Good feedback, they do not have a website yet, but they do have an email address where you can forward your proposal to for evaluation. I hope this helps! |
Re: How You Can Start Investing As A Student Or Young Adult by SpartanJ: 9:57am On Mar 07, 2018 |
Primusinterpares: Exactly absolutely nothing We read too many books in Nigeria We need to develop the young guys the proper way. Practical breakdown or experience would have been the best method of explaining the subject matter. I saw someone ask you what he/she can do with 400k. That's the approach I use when coaching/Training the interns in my department. 2 Likes |
Re: How You Can Start Investing As A Student Or Young Adult by Yhemit(m): 10:05am On Mar 07, 2018 |
as a serving corper now .... am planning to be saving some token every month from my alawee, because am afraid of the life-after NYSC my brothers o. outside is really hard but with God on our side... we're going to succeed. 2 Likes |
Re: How You Can Start Investing As A Student Or Young Adult by dukeprince50: 10:09am On Mar 07, 2018 |
hi |
Re: How You Can Start Investing As A Student Or Young Adult by Saintzykie: 10:13am On Mar 07, 2018 |
OP you no try at all. This stuff was sent yesterday by info@rosabon-finance.com as a newsletter. I'm sure it was meant for lead generation targeting millennials. You just hijack am with reckless abandon. You for try credit them small |
Re: How You Can Start Investing As A Student Or Young Adult by semitunde: 10:22am On Mar 07, 2018 |
If you can save N150k, I can show you how to get 40% profit from it in 7months and 100% profit from it in 8months, guaranteed. You can also make 40% in 6weeks but this is with a risk factor unlike the aforementioned ones. |
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