Beginner’s Guide To Investing
posted on Jul 20, 2020 | 433 likes
Here's what you need to know to begin investing
Follow Page Financials on Facebook, Instagram, Twitter, and LinkedIn to get daily updates on how to live a financially sound and productive life in your career and personal life.
If your savings goal is more than one year away, putting some of your cash into investments could allow you to earn more from your money and keep up with rising prices.
However, if you are thinking about getting into investment, you are likely unsure of how it works and where to start.
The world of investment used to be intimidating for the first-timers and even for those who are experienced.
This article will be your guide to understanding investment and how to get started – even if you know nothing about it currently.
What Are Investments?
Investments are something you buy or put your money into to get a profitable return over time.
Most people choose from four main types of investment, known as ‘asset classes’:
- Shares - you buy a stake in a company
- Cash – the money you put in a financial institution or building society account
- Property – you invest in a physical building, whether commercial or residential
- Fixed interest securities (also called bonds) - you loan your money to a company or government
There are other types of investments available too, including:
- Foreign currency
- Collectibles, such as art and antiques
- Commodities like oil, coffee, corn, rubber or gold
- Contracts for difference, where you bet on shares gaining or losing value
Once you invest in any of the assets mentioned above, you become an investor and the various assets owned by an investor are called a portfolio.
Returns
Returns are the profit you earn from your investments; it is generally called ROI, meaning Returns on Investment.
Depending on where you put your money it could be paid in a number of different ways:
- Dividends (from shares)
- Rent (from properties)
- Interest (from cash deposits and fixed interest securities).
- The difference between the price you pay and the price you sell for – capital gains or losses.
ROIs are not the same for all investment providers, that is why we recommend our highly competitive investment portfolios that competes with industry counterparts and provide customers with higher ROI.
It doesn’t matter if you are a newbie or an expert at investment, our system is easy to setup and provides high value for customers.
Risks
Nobody likes to gamble with their hard-earned money, but the truth is there’s no such thing as a ‘no-risk’ investment.
You’re always taking on some risk when you invest, but the amount varies between different types of investment and the proficiency of the investment fund manager.
With stock market investments for example, you take the risk of buying and only hoping that the price goes up when you want to sell, if it doesn’t, you lose money or wait longer.
But using a trusted investment fund manager like Page Financials, you are sure that your funds are secured and insured by Nigerian Deposit Insurance Corporation (NDIC).
This way, you are can invest and go to bed knowing that certified professionals are managing your portfolio to ensure that you get your returns as and when due.
So, When Should You Start Investing?
Short answer is now.
If you’ve got spare money in your savings account – enough to cover you for at least six months – and you want to see your money grow over the long term, then you should consider investing some of it.
To get started with investment plan, visit the investment section of our website at https://pagefinancials.com/investment.html or call 01-700PAGE (7143) or send an email to customer@pagefinancials.com to get started.
Conclusion
Investment used to be a topic reserved for the ‘financial gurus’, not anymore.
With the innovative approaches and technologies deployed by top financial institutions like Page Financials, everybody can now create an investment portfolio that suits them – without having a PhD in Finance.
If you need further support or information, our customer service and finance expert team is available to address any questions you might have in terms of improving your personal finance, our quick loans, investing, or using our payment solution to enjoy zero charge on transfers and bill payments.
Follow Page Financials on Facebook, Instagram, Twitter, and LinkedIn to get daily updates on how to live a financially sound and productive life in your career and personal life.