HOW TO MAINTAIN YOUR FINACIAL INCOME TO FIT YOUR NEEDS?

23 Sep 11, 07:54 PM, Africa/Lagos

WHY INVEST?

There is no mystery to investing and anyone can do it. The reasons for investing are as unique as you are however there are some of the common reasons why you might choose to invest:

* Firstly, conserving your wealth :
Making sure that you keep what you have and that it isn't drained away by inflation,spending it on other things.

* Secondly, to increase your wealth :
Making your money work for you to grow and bring you future benefits.

* Thirdly, to reach a particular goal :
For example so that you have more money to live on in your retirement. To provide for a better lifestyle. To help your children get through college - No matter what your goals are, it makes sense to invest.

Investing is open to everyone. You do not have to be rich, though hopefully you will get richer as a result of careful, active investing. Nor do you have to be neither particularly knowledgeable nor technically qualified in any way There are some basic points that you should know.

*** The earlier you start the better ***

Because the earlier you start, the greater your growth potential. Time is a powerful key to achieving financial security. With a range of investment products we provide, even if you invest in a small amount, as interest is added day by day, as your principal compound in other words, you would be surprised how much it will add up. The longer you keep the principal the more your funds will accumulate.

*** Be disciplined and regular ***

A monthly investment routine is a very simple but effective way to make sure that you really do set some money aside. It is too easy to say, "I'll start next week, next month, next year." Setting up a regular investment is a good discipline meaning that you effectively force your self to invest every month. It's a good habit you should get into.
Anyone can make use of these simple rules for investing safely and prudently for their own future. It doesn't have to be risky and the result can amount to a substantial sum of money. So why not get started right now?


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