HOW TO GROW YOUR MONEY WITH THE RIGHT INVESTMENTS : Mutual Fund Investment

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  ALL YOU NEED TO KNOW ABOUT DOLLAR AND MONEY MARKET MUTUAL FUND INVESTMENT After our recent seminar on investment, a lot of participants have contacted me to write on the subject for easy reference. Thus, today we'll be focusing on money market and dollar mutual fund investments. Money market investments are short-term, highly liquid assets that provide a safe place to park cash. Dollar mutual funds, on the other hand, invest in a variety of short-term debt securities issued by the U.S. government, corporations, and municipalities. WHYSHOULD YOU CONSIDER INVESTING YOUR FUNDS? Investing your funds can potentially offer several benefits. Firstly, it allows your money to grow over time through the power of compounding. By putting your money into various investment vehicles like stocks, bonds, or real estate, you have the opportunity to earn returns that exceed traditional savings account interest rates. Secondly, investing helps you hedge against inflation. Over time, the purch...

3 SURE WAYS TO MAKE MONEY IN NIGERIA WITHOUT A JOB.

How to Make Money in Nigeria without Pay Job
                                  
“How do I make money without a job?” Ikenna screamed to no one in particular; as he hung up the phone. “I’ve been sipping Garri for Weeks, and now mama wants money for her medicines, how do I come out of this quagmire”? He questioned.

 As he made to go seat on the cushion, his phone began to beep again; this time it was his younger sister whom he promised money for school fees some weeks back ”oh jeez… you’ve got to be kidding me” He finally muttered.

 Ikenna isn’t alone; his predicament brings to bear the life of an average youth saddled with divers’ kinds of responsibilities—he is often seen as the Moses of the family or better still; the messiah to jettison them out of poverty into the promised land; isn’t that the reason he was sent to school in the first place? Read:  7 PROVEN PRINCIPLES OF GROWING A SUCCESSFUL BUSINESS

The Nigerian economy would become better eventually—we pray; hoping that your parents wouldn’t have died from lack of proper care or your siblings dropping out of school by then. But if you want to find out ways you could start making money right now and come out of that mess you presently are in, then you definitely should read on.

Freelancing opportunities

This is one area that could be optimized to make some really good money depending on the number of hours you are ready to put in. You have sites like Onlinebookclub, Upwork, iWriter, Fiverr, etc paying people to churn out good content or graphics.

Onlinebookclub pays you to read a book and write reviews, myriads of others pay you to churn out write-ups for blogs and the likes. Even when you don’t have the skill required, you could acquire it and get better by the day. Some people even get these jobs and outsource to others to write for them.

                                       


You only need a laptop connected to the internet to accomplish this feat. So instead of complaining about being broke, this is one thing to get rolling.



Acquiring a Skill

You cannot depend on your certificate or training in school alone. Some people have spent years studying courses like petrochemical engineering, mechanical engineering, biochemistry and the likes. Beautiful courses they all are. 


But you have waited for years to get employed into Shell, Chevron, Cadbury etc and there seem to be nothing positive coming on because we have so few industries; thereby making the competition into these multinationals really stiff.

Rather than admiring your certificate daily and decrying how you made a second class upper, yet you are as broke as a leach; why not acquire a skill? There isn’t anything condescending about learning to sew, braid/cut hair, photograph, cater, etc.

In case you haven’t noticed, these sectors are getting lots of buzzes lately because most graduates are delving into it. Look for a skill that is more akin to your personality and acquire it. As days turn into months; and months into years, you will be amazed at how much of an authority you have become. Just don’t leave your destiny to a job hunt—that’s living in the unknown.

Monetizing Your Talent

                                         crosssover.com
This is one area that we have ignored as people and the reason why we are in the mess we find ourselves. There’s no one person on the face of the earth without at least a talent. We were all born into the world with it, yet most people haven’t harnessed that gold mine that seats fallow in them.

They wake up daily crying hunger, yet they have something in them they could monetize to put bread on their table. That’s how magnificent our Creator is, He has given you all that you need to be sufficient. So, if you haven’t discovered that thing that gives you an advantage over your peers, then you better get to work.

Your talent maybe not as obvious as being able to sing like an angel; but even when it is as salient as having excellent ideas to liven any event, it can be monetized. It’s time you begin to look within.

In Conclusion

As the Chinese proverb states “we live in interesting times”; there was a time in our dear country that before you graduated from school, there was already a job waiting—but that isn’t the sad reality today. 

To be gallivanting around the place, singing you are a graduate isn’t going to change your situation; you need to come to terms with our very unique
You are a resource and have all it takes to change any situation you are in; there’s no time to waste for there’s so much money you could make in this country if you could only think outside owning a certificate. That’s the way forward; truly hope you embrace this reality!!!

Learn more ways to increase your income here, including the fantastic read-aloud topics for business growth

Read Self-training Manual here: 7 WAYS READING CAN HELP YOU GET AHEAD IN YOUR CAREER

If this article is interesting or there is an area you want us to research and write on, kindly leave a comment beside it.

This article is written- by Kingsley Ehimare (Kingsmond), an HR generalist expert & Content Marketer at KCmond Consulting. In his spare time, he can be found reading capacity building publications or scrolling through News apps, thinking about how to make people actualize their potential. For any related queries, contact                                kcmondconsultans@gmail.com.


This intellectual property belongs to KCmond Consulting.  No part of it is expected to copy or publish without the sole permission of owners.





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