Waking up and seeing a credit alert on your phone is a thing of joy and that is one of the sweet part of making or owning investments. Nevertheless, a successful investment is not an easy thing to achieve, it requires focus, determination and discipline. Making an investment here in Nigeria where the odds sometimes do not work in our favour, is not all that easy. Here are some important tips that can guide you through your investment journey.
1) Set a definite goal
In order to build a successful business, you have to set a goal and a matching strategy to achieve that goal. Running a business without a goal or target is not even an option, set a goal, and break it into smaller goals like having a daily target that will eventually sum up to your monthly or yearly target.
2) Make a thorough research
Once you have set a goal, the next thing is to make a proper research about the investment options that are available to you. Weigh the risks and the benefits, choose based on the business that suits you.
3) Learn to save
In order to achieve the goals that you have set, it is very important that you start saving up money. Save at least 20% of your monthly profit or income.
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