The need to acquire Shares

Buying shares is a great way to build wealth and secure your financial future. Here’s why you might want to consider investing in shares:

1. Wealth Growth Over Time

Shares have the potential to increase in value over time, helping you grow your wealth. Historically, stock markets tend to rise over the long term despite short-term fluctuations.

2. Passive Income Through Dividends

Some companies pay dividends, which are regular payments to shareholders. This means you can earn money without actively working—a good way to create passive income.

3. Hedge Against Inflation

Keeping all your money in cash means its value decreases over time due to inflation. Shares, especially those in strong companies, tend to outperform inflation and protect your purchasing power.

4. Ownership and Influence

Owning shares means owning part of a company. While small investors may not have direct control, they still benefit from the company’s success and may have voting rights.

5. Liquidity and Flexibility

Unlike real estate or businesses, stocks are easy to buy and sell whenever you need cash, making them a flexible investment.

6. Diversification of Income Sources

Instead of depending on a single salary, investing in shares creates another income source, reducing financial risk.

Risks to Consider

Market fluctuations: Stock prices can go up and down.

Company risks: If a company performs poorly, its stock value may drop.

Emotional investing: Panic-selling or over-buying can lead to losses.

How to Get Started

1. Research and Learn: Understand different types of stocks, investment strategies, and the stock market.

2. Choose a Stockbroker: Register with a reputable brokerage platform in Nigeria (e.g., Meristem, Chaka, Bamboo, Trove).

3. Start Small: Invest only what you can afford to risk.

4. Diversify: Don’t put all your money in one company—spread it across sectors.

5. Think Long-Term: The best returns often come with patience.

Are you thinking of investing in shares soon, ? Or do you already own some?

Comments

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