Becoming a successful investor doesn’t happen overnight. It takes time and effort to learn the ins and outs of the investment world. Your personality as an investor also plays a major role as you have to be patient because any good investment takes time.
In this article, we would guide you through 5 key steps to note in your investment journey and tell you what exactly you should look out for along the way.
1. Understand that this is a journey
As any good investor will tell you, to be successful in investing you have to understand that it is a journey and not a one-time event. You need to be in the right mind frame to prepare yourself for the long term and know exactly where you are headed i.e. your destination. This will help you plan your investment journey accordingly. For instance, when are you looking at retiring? 20 or 30 years from now? When you are 60? How much money do you need to have to make? You need to ask yourself these questions and know the answers. This will help come up with a well-detailed plan for your investment goals.
2. Know the market and what works
Investing is a combination of different things; knowledge of the market, financial fundamentals and qualitative factors. The great thing is that we live in the tech age and you have unlimited access to investment guides and resources on the internet that explain high-level finance ideas in a way that is easy to understand. So it is very important that you read books, take an investment course or two and understand the modern financial market and topics such as portfolio optimization, diversification, and market efficiency. Once you know what works in the market, you can come up with simple rules that work for you and guide your investment efforts.
3. Be willing to learn
Predicting the market is an impossible task, it can be hard because of a single certainty, it mostly proves to be volatile. But this shouldn’t deter you from it. The investment journey is often more than not, a long one and learning to become a successful investor is a gradual process. Sometimes your predictions about the market will be wrong but instead of dwelling on it, acknowledge it and learn from your mistakes. A successful investor is one that always keeps an open mind to learning.
4. Be in It for the long term
When most people hear ‘long term’ they get discouraged. Any good investor understands that investing isn’t a ‘get rich quick’ scheme and would tell you Rome wasn’t built in a day. Understand that your chances of success will increase if you are in it for the long haul and you stick with an optimal long-term strategy. It may not be the most exciting investment choice but remember you have a goal and it is important to stay on course without letting your emotions get in the way.
5. Get on the right investment path
Your personality, access to resources and level of knowledge should determine your choice. It is important that as an investor, you do not put all your eggs in one basket. The keyway of investing is to diversify your portfolio and make tactical decisions. The most successful investors usually start with low-risk diversified portfolios and gradually grow by learning from their doing and actions. As investors gain greater knowledge over time, they become better suited to taking a more active stance in their portfolios.
A great place to start as an investor is with the i-invest App. An investment application that enables you to securely purchase and manage Treasury Bills, Eurobonds and Equities from your mobile device. This is a great option for you as you are always on-the-go and can monitor your portfolio 24/7 right from your mobile device.
The mobile app broadens the choice of money market products available to new and experienced retail investors. Potential investors require only a smartphone with which they can download the i-invest app. The app eliminates entry barriers such as lack of education and information to make smart investment decisions as the app guides users all through their investment journey, enabling them to trade from the comfort of their homes like professionals. You also get to choose from three investment options which are Treasury Bills issued by the Federal Government making them low-risk, Eurobonds issued by foreign governments, companies, and international organizations and Equities from top traded Nigerian companies.
What makes the I-invest app functional by anyone is that irrespective of the financial institution they bank with, they can access the product offerings. More so, the app is risk-free and super secure as it is directly regulated by the Nigerian Securities and Exchange Commission (SEC). Additionally, the BVN and bank account details provided at the initial registration, seal off any possible security breach. Users can monitor their money or investment at all times to ensure that nothing is lost.
The I-invest app is available for download on iOS and Google Play stores and you and can learn more about i-invest on https://i-investng.com/.
Whether you are just getting started or want to improve your skills, i-invest is the way to go as it guides all investors irrespective of their level of skills.
BUA donates 3 Emergency COVID-19 ambulances, 100,000 facemasks to Yobe
BUA Group has donated three ambulances and 100,000 facemasks to the Yobe State Government.
As COVID-19 cases continue to rise across Nigeria, BUA has donated three ambulances and 100,000 facemasks to the Yobe State Government as part of its social support and humanitarian commitment to combat the COVID-19 pandemic in the country.
Presenting the donations on behalf of the Chairman of BUA Group, Abdul Samad Rabiu at the Government House, Damaturu, Aliyu Idi Hong, Director of Government Relations, BUA Group commended Governor Mai Mala Buni of Yobe State for his tireless efforts in curbing the COVID-19 pandemic in the state.
According to Hong, “So far, the Chairman of BUA Group, Abdul Samad Rabiu has given more than 8 billion Naira worth of support to towards the fight against COVID-19 in Nigeria.”
“With the second wave spreading across Nigeria, we are expanding the scope of our intervention to various states and will continue to support initiatives aimed at helping to curb the spread of the virus in Nigeria,” Hong added.
Reacting, Governor Buni thanked Abdul Samad Rabiu, Chairman/Founder BUA Group, for his humanitarian gesture to the nation especially to Yobe State noting that the “donation is coming at the right time because of the second wave of the pandemic”.
The governor reminded the Yobe people to adhere strictly to the covid-19 preventive measures by wearing facemasks, keeping social distancing and washing their hands
Another First! Wragby becomes a Microsoft Azure Expert Managed Service Provider (MSP)
This makes Wragby the first Microsoft Partner in Nigeria and West East Central and Sub-Saharan Africa to achieve this!
Wragby Business Solutions & Technologies Limited (Wragby) has achieved the Microsoft Azure Expert Managed Services Provider (MSP) status, maintaining high proficiency in assessing, migrating, building, deploying, optimizing, and managing business solutions on Azure. This makes Wragby the first Microsoft Partner in Nigeria and West East Central and Sub-Saharan Africa to achieve this!
“We are super proud to be awarded this designation as a Microsoft Azure Expert Managed Service Provider. It is yet another proof to the depth of our expertise, by ensuring that our technical capabilities and processes meet and exceed the standards of the Azure Expert MSP program. We look forward to achieving more,” – Oluyomi Alarape , MD/CEO Wragby
Participation in the Azure Expert MSP program is granted to partners that meet several requirements, including verified customer delivery and technical expertise tests, as well as successfully complete an independent audit of their managed services, equipment, processes, and technologies. Providers must hold Microsoft Gold Cloud Platform competency, maintain end-to-end managed support for Azure, and provide multiple customer references of Azure managed service projects delivered over the last 12 months.
The Microsoft Azure Expert Managed Service Provider program is designed to give businesses migrating to the cloud confidence that their chosen partners have demonstrated the highest degree of capability to deliver repeatable high-fidelity managed services on Azure.
According to Akin Ayodele- Chief Technology Advisor at Wragby the attainment of the Azure Expert MSP Certification Wragby has once again demonstrated in very concrete terms her commitment Towards supporting our Customers journey and experience in the use of the Microsoft Azure Intelligent Cloud Platform family to exploit solutions and Innovations to realize their digital transformation objectives.
This recognition validates Wragby’s ability in orchestrating and integrating various services on Azure including cloud infrastructure, IoT services and application migration skills, as well as the ability to deliver value to customers by offering proactive monitoring, automation, and management of their Azure environments.
In the current ever-changing Business Landscape, Businesses need a greater level of auto-scaling to Increase Operational efficiency, be more Agile and deliver excellent customer experience through technology services. Businesses therefore need to auto-scale to meet their technology demands & save cost through Excellent but Cost-Effective Managed services.
Our Best-in-Class Digital Advisory Team has high proficiency in assessing, migrating, building, deploying, optimizing, and managing business solutions on Azure, using proven processes and tools. This is evident by our recent attainment of the Microsoft Azure Expert Managed Services Provider (MSP) status,
Meet IT demands & Save cost through our Expert Managed Services offer which includes:
- Integrated IT service management of workflow/automation
- App Migration/Modernization Services
- Infrastructure Configuration & Management
- Business Continuity, Backup and Disaster Recovery
- Data Protection
- Storage and Patch management
- Security and Identity management
- Cloud Advisory Services…plus more
We work with various teams for efficient delivery either On-premise, Hybrid, or in a Public Cloud.
We are just a call away. Contact us at www.wragbysolutions.com
How artificial intelligence is changing the narrative in Forex and crypto trading
Artificial Intelligence is the most efficient, simple, safe, and affordable way to invest money and trade the Forex Market.
You have probably already heard about Artificial Intelligence (AI) and how it is helping people across various industries in many daily activities. According to JPMorgan, nowadays, 90% of trading is run by computers, algorithms, and passive managers. This means that if you want to invest, you will need equivalent trading tools to compete.
What is AI and How does it work in Forex Trading?
Artificial intelligence is a developed Powerful Automated Trading Robot (AI) that can make projections about the forecast of forex market prices and automatically trade for you in your Broker’s account. It is the most efficient, simple, safe, and affordable way to invest money and trade the Forex Market.
From research so far, fundamental and manual forex trader’s account is about 10% of Forex Trading Volume, so how do you compete against super-fast trading systems with humans or manual trading system? With the use of AI trading, anyone in the world can trade efficiently and increase the chances of achieving above-average forex returns, regardless of the level of trading experience.
The dynamics of the market have changed, and we must agree that we need machines to do many things better, especially in the field of the forex trading market. From this point of view, the providers of manual forex signals and analysis are no longer a great choice. AI is the best forex trading solution.
Unlike humans or other technological resources, AI can make an enormous number of accurate decisions in a fraction of the time, down to milliseconds. These skills make AI an enormously powerful tool for use in forex trading.
To learn more about the use of Artificial Intelligence, click FxPrimeBolt