Why you should invest

 

          Reasons you should learn how to invest even if you don’t have money now.

1.Income

2.Preservation

3.  Growth 📈

 I will explain them one after another

1.    1. INCOME: When you have learnt where and how to invest, if money enters into your account; because surely money must come as long as you live. Either for you to hold it for people for long period of time or your personal money.

          Like February last year, 2024; our community sold so many plots of land to a foreign company to develop.

     The money were shared among different kindred, Each kindred got 12million. My people agreed to pay our own share into my account as the first graduate. Our elders agreed that every  soul in our kindred must attend high institution from that money.

        I went home and checked, I found out that the next people to enter high  institution still have two years to finish secondary school. (She is in Senior secondary 1). I nod my head and 😁 because I have the knowledge of investment I know what to do with that money to grow  it within that space of 2years.

         Even though she will enter high institution that year I will still preserve the money and keep on making profit without touching the capital.

        All I will do is to invest it in one of the investment  companies I know, I can go for treasury bill which pays interest upfront because of the situation at hand.

     Like if I invest that #12million at annual interest of 20%, they will pay me #2,400,000 at the point of investing by debiting me #9,600,000.At the end of the year I will still get my #12million back. (That sounds crazy 🤣 right) “Knowledge is power”

  Then I will take the upfront interest for her expenses and even my personal needs, my people will think 🤔 I have touched the money whereas I haven’t .

      That’s  why you have to learn about investment even when you don’t have money .

          Had it been I don’t have any knowledge about investment, I will just leave it in my account or reject them depositing the money into my account.( To avoid story that touches the heart at the end).

       So like I said there are  stages of money, “the income, the preservation and the growth stage.

      In most cases people end up in income stage. They can’t  trap the money and preserve it for it to grow. (I hope am communicating?).

       Now had it been when that #12million entered I left it in my bank account, no knowledge of investment.        Maybe within that space of time I had money issue I will be forced to touch the money, at the end I may be left with #5- 6 million .

 

 Let’s explain the next stage that is preservation stage.

2.     PRESERVATION : Let assume you have gotten the knowledge of how to invest and the money comes in, you will be able to arrest it, preserve it and grow it.

   I know some have made 500k,1million,5million even 20million in the last 5-10 years ago but today they are broke; the money are gone because no preservation facility for that money that comes in.

    Most people always have chances of income level, money used to come but when it enters, the money will be looking for where to stay and grow.

 If you didn’t  give the money room for preservation it will fly away because next that follows any money that is not invested is spending.

       Now let me assume 1million enters my account ,”I swear! that money is going no where, I will grab it hold it on its neck and give it a room to multiply and bring his brother’s and sisters; because I have different investment ideas in my brain.

Now lets look into the next one “Growth” and the reason you should  grow your money in my next article .