Investment

[Toyoabasi]

Sometimes we have some cash and we don't want it to stay idle. So we seek for ways that we can invest them. What were your investment mistakes of 2020? What advice would you give aspiring investors?

Instead of letting your money sit in your bank account or piggy box, take it out and invest in something that would bring you more money. I invested in 2020 and it really sustained my business.

 

[Ellamma]

In 2020 the only businesses I invested in was pure honey and clothing. So far it's been thriving, I do not have any regrets and its actually one of the best decisiona I ever made

 

[joy101]

Investment is very good if really you have money to invest in something it is very good, because is very important to invest for future use.

 

[eLdavis]

Instead of letting your money sit in your bank account or piggy box, take it out and invest in something that would bring you more money. I invested in 2020 and it really sustained my business.

True, savings does not bring returns the best way to double your money would be through investments, not just one but multiple investments if possible. What investment would you advise others to do?

 

[Ub40]

I have some regrets on one investment platform I joined in 2020. The name of the platform was chymall. So many popular people and pastors joined this platform which motivated me to do same but only for company to suddenly disappear with my investment and returns.

 

[kayode10]

The only mistake I made is to believe that investment is a get-rich-quick scheme. This is the reason why I invest with high yield investment program in order to make quick cash and become rich within months. I end up losing my money I invested in the program.

 

[Adebayonle7]

If you have lots of cash staying idle and you wish to invest, make sure to save some of the cash while you invest some. With respect to advice against making mistakes, make sure to do indepth research of the business you wish to go into - by understanding the products and the market, employing effective sales/marketing strategies, citing business in a strategic location where there are not too many competitors, employ effective management and financial plans, great customer services etc Put all these into consideration, you will definitely make less mistakes and make more success. These are some of the corrections I have learnt through the year.

 

[joy101]

Investment is very important in life because it will really help one in future, it really good to invest when you have money so that you get more something.

 

[YERUS]

Sometimes we have some cash and we don't want it to stay idle. So we seek for ways that we can invest them. What were your investment mistakes of 2020? What advice would you give aspiring investors?

Aspiring investors should ensure they take their time to plan what exactly they want to invest in.
There are certain investments that lead to losses if not planned out properly.
You can try cryptocurrency, real estate, or any other business.

 

[kayode10]

My major mistake when it comes to investing is that I didn't start investing in Bitcoin right from the early stage when it was still cheap. I have learnt my lesson and that's the reason why I want to invest in Bitcoin cash now.

 

[Godspower]

While it might be rewarding to try new opportunities, do not invest heavily in a business you know very little or nothing about. Always seek the advice of an expert or someone already in the field before you invest.

 

[Sotherefore]

Sometimes those people who are losing their money to investment is because they are greedy and maybe they invested in the wrong project that promise them a huge return, what I can say is that about from cryptocurrency which is an online investment it is not safe to invest in any other online project.

 

[Kvngsammy]

In 2020 despite learning of some new investment means and ways to get better at personal financing, I never stuck to it.
In the year 2022, I would maintain a high level of discipline in ensuring that income that comes my way would be properly planned and useful for growth.

 

[kinqzbitz]

Investment are actually very profitable and it helps a lot but then it takes a risk to actually go into investment because you are not sure if the income will be worth jt

 

[Skysaint]

Instead of letting your money sit in your bank account or piggy box, take it out and invest in something that would bring you more money. I invested in 2020 and it really sustained my business.

You're right about that. Saving up money in bank won't bring you any profits and as a matter of fact, it is actually prone to devaluation. So it's always best to put out money to work, so it call yield us more returns

 

[Ghost1]

There are very few investment agencies where you put you cash and just wait for returns of investment. Trying buying bank shares. Stay away from ponzi schemes

 

[YERUS]

Sometimes we have some cash and we don't want it to stay idle. So we seek for ways that we can invest them. What were your investment mistakes of 2020? What advice would you give aspiring investors?

Instead of letting your money just sit in your bank account, it is best to invest it into something profitable.
The year 2020 was a tough one, though i invested into my business, the yield was not huge.

 

[greenie]

When you have capital, the best thing to do is to invest, so that you can make more money. One of the best platform you can invest is real estate, transportation, farming and you can also invest in crypto currency. When you invest in any of the above, it gives you sense of having more money in time.

 

[tyrim88]

Sometimes we have some cash and we don't want it to stay idle. So we seek for ways that we can invest them. What were your investment mistakes of 2020? What advice would you give aspiring investors?

To invest money into a venture is a very good thing rather than to keep the money idle,but one should undestand that it is a thing of forcast and allowing the market dynamics and customers behaviour to determine how the business flow.

 

[Shigobad20201]

To invest money into a venture is a very good thing rather than to keep the money idle,but one should undestand that it is a thing of forcast and allowing the market dynamics and customers behaviour to determine how the business flow.

I will rather prefer investing my money to keep the money increasing daily rather than to put the money in a save where it will just remain stagnant or start reducing .