How to Open a Money Market Fund Account

In this article, I’ll guide you through the process of opening a money market fund account with Stanbic IBTC. Before I begin, you should probably read this article, which explains what a money market fund account is. In summary, the fund comprises guaranteed investments like Treasury Bills and is managed by professional fund managers. It[…]

Focused Wealth

I have a diverse network, thanks to social media. I know incredible people that I first met online. Some of them are accomplished investors. There’s a gentleman who’s focused on venture funding in the renewable energy sector. My eyes glaze over when he goes on and on about turbines, solar panels and the projects he’s[…]

Some Lessons About Money

Money is not meant to be kept in a bank account (besides running expenses). It’s either supposed to be actively working to create wealth or to positively impact the world. Those that are wealthy and happy know this. Money is a means to an end. The reason why many malfunction when they see money is,[…]

Should You Invest in Treasury Bills?

Every now and then, people ask me how to invest in Treasury Bills. I respond by asking if they have heard of Money Market Funds. In this article, I explain both investment options and leave you to make an informed decision. You should make investment decisions based on information, your risk profile and investment objectives.[…]

Don’t Wait Too Long to Create Wealth

Dear friends, if you recently graduated, or have worked for less than 10 years, you should know a few things. Nigeria is hard and few people will give you free access to wealth creation opportunities. You also have the “cabal” and the system to contend with. If you are not corrupt, you will be hard-pressed[…]

Investment Speed

I once wrote about an opportunity to invest in poultry farms which closed in less than three hours (albeit, with a three-day advance notice). In investment, as opportunities are being presented to you, they are also being presented to others. There’s also time-value of money. Those who invest early, make more when an opportunity is scarce, than[…]

Where Can I Buy Property?

A while ago, I published an article on what you should know before buying property. Since then, I have received requests for property I can recommend, from those who wish to buy. I hesitated for a few reasons. I am a conservative investor. I recommended Money Market Funds because they are guaranteed by Federal Government securities. I recommended FarmCrowdy because it[…]

Two Principles of Money

Let me share two principles of money with you: 1. If you don’t plan for money, when it comes, you will waste it. Money has a way of creating mass confusion, especially when you’re not used to it. Wealth can quickly lead to option paralysis, followed by greed. While you’re young, develop a list of[…]

Little Man

Let me share something about investing. In any investment scenario, the little man – the retail investor – always gets the shorter end of the stick. It’s just the way it is. Bulk money commands a higher investment premium than little sums. This is why investment clubs and mutual funds were created – to pool[…]