Why investing matters?

Why investing matters

by: JOHN DOE

on: DECEMBER 2, 2022

in: BLOG

As it happens, Nigeria’s inflation rate is steady on the rise reaching 19.64% in July 2022, which is the highest record since September 2005. We have also realized that banks these days are not interested in paying their customers to keep money in their vaults. To top it off, many Nigerian millennials like yourself are putting off major investment decisions
until they earn more and their financial situations become “more stable”.

This brings us to the question- Why is investing important in 2022. While it is easy to blame our further mathematics and business studies teachers for not teaching us a skill as vital as this, it is more important to realise that you are in a prime position to start your
investment journey today! First things first, let's start by clearing the air! Nigerian millennials, particularly those on social media, have figured out a way to invest in their skincare, relationships, work-life, mental health, and other areas. However, they still struggle when it comes to investing and making smart financial decisions. We know that getting started as an investor might be challenging, which is why I-invest is here to make sure you gain the necessary knowledge, expertise, and confidence to become a smart investor.

What is investing?

According to Forbes, Investing is the process of buying assets that increase in value over time and provide returns in the form of income payments or capital gains. Investing is the act of purchasing assets with the goal of generating income and creating future wealth. Often, these assets are in the form of stocks or bonds, but can also involve real estate or alternative assets such as cryptocurrency or gold. So, as a beginner, intermediate or smart investor here is why investing should matter to you:

1. Investing helps diversify your wealth

Just as it does not help to keep all your eggs in a basket, investing helps you grow your money through diverse mediums. Depending on your appetite for taking chances, our range of products could help you go after high and low-risk options. You can diversify your portfolio with a variety of attractive and secure investment solutions on your I-invest app. When ready, consider investing in Treasury bills, Eurobonds, Equities, Stocks, Fixed Deposits, Commercial Papers, etc. to enhance your cash flow.

2. Investing protects the value of your money

As a beginner, you may have come to the realization that increasing your wealth through
saving alone might not be the ideal course for you, particularly given the global inflation crisis. As a result, you can safeguard the value of your money by making safe investments that have the potential to produce lucrative returns over time.

At I-invest, we’ve made it simple enough for anyone, especially beginners to get started on maximizing their money potential.

3. Investing serves as a source of passive income

If the goal is to achieve a steady flow of cash without the daily commitment of a full-time job, then investing is one of the simplest ways for you to create passive income. In this day and age where millennial entrepreneurs across the globe are building huge-figure passive streams through investment, it is only right that you want better for yourself and join the bandwagon.

Finally, we are handing the phone over to those who are driven, determined, entrepreneurial, and who want MORE for themselves. When it comes to investing matters,
you don't have to be an experienced or knowledgeable investor to get your money to start earning more for you. I-Invest is committed to making your journey towards MORE as
simple as possible by helping you diversify your wealth, protect the value of your money against inflation, and generate passive income while at it.

To start investing right away, download I-invest from the AppStore or Google play store
today!