Tips on how best to invest your money

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Tips on how best to invest your money

When it comes to investing in mutual funds, choosing the best allocation strategy is very important. For an average investor, the best way to invest in mutual funds is to invest across multiple types, with each asset allocated to a mutual fund as the key to investment success.
There are three main types of mutual funds which offer the best investment portfolio that satisfies an investor’s objectives. They include:

Money Market Funds: They are less risky and offer higher rates when compared to a standard savings account. However, given its maturity profile (30-365 days), these funds are liable to reinvestment risks.
Money market funds benefit when interest rate increases.

Bond Funds: These are funds invested in bonds or other debt securities, and this investment is suitable for investors with dual objectives (i.e. capital preservation and income generation).
When investing in bonds, it is necessary to bear the interest rate in mind. This is due to the inverse relationship between bond price and interest rate i.e. as the interest rate increases, bond price decreases.

Stock Funds: They incur more risk than the bond and money market funds because stock markets are highly unpredictable. Stock funds are categorized based on the type of stock they invest in, the investment style of the stock, portfolio and geography. Although this type of mutual fund bears higher risks than others, it has a higher growth potential.

The best way to decide on the category that suits your needs, is to define the time frame for your investment/savings.
If you wish to save for a month to 1 year, then we recommend you invest in the money market mutual fund. However, if your time frame is between 1-3 years then a bond fund would be most suitable for you. Finally, if you intend to save for a period longer than 3 years, then the equity or multi asset fund is best for you.

A key benefit of investing in mutual funds is diversification. An example of how you can fully diversify is to invest 40% of your money in a bond-based mutual fund, 30% in a money market based fund and 30% in an equity based mutual fund. This suggested allocation produces optimal diversification, which shields you from heavy losses, and positions you for strong gains. This is what long term investment is about.
At FBN Capital Asset Management, we offer several mutual funds that suit your investment needs. For further enquiries, contact FBN Capital Asset Management today!

Don’t just spend it, Invest It!

HOW TO MAKE YOUR MONEY WORK FOR YOU

“Someone is sitting in the shade today because someone planted a tree a long time ago.” – Warren Buffet

There is a common saying that “Time is money”. The truth therein is profound when you refer to the ideology of sowing and reaping.

So, let’s do a little arithmetic: Imagine between 9 a.m. and 5 p.m., you earn N1000 for working at a firm daily. Then you find out you can clone yourself with just N50 and have your clone work at another firm for the same amount of hours and earn double the amount you earn. How much will you earn at the end of 30 days?

Quite the puzzle, isn’t it?

The answer is N89, 950.

Of course in reality, it’s not possible to clone yourself. So, why not do what’s possible by making your money work for you to secure your financial future.

Here are some tips to get you started:

Seek financial knowledge and advice about investments – Discuss with an investment expert and like-minded individuals about your risk appetite and time horizons in making the right investment move.

Set a goal and start saving – Saving a portion of each paycheck in view of a stated goal helps you stay on track.

Subscribe to an investment scheme – This can be achieved by opening a mutual fund account that allows you invest in different asset classes like treasury bills, bonds, stocks and fixed deposits. Mutual funds could help you minimize risk and maximize returns on your investment. The minimum investment in mutual funds varies from as low as N5, 000 to N50, 000.

Adopt the habit of rolling over your investments – Don’t spend every return you get from your investments, this could be added to your original investment. As long as you leave the money in your investment account it will continue to work for you.

Visit Grow that dream today to learn more .

Your Dreams At Every Life Stage

Have you ever heard the saying “The Carousel Never Stops Spinning”?

Well that’s life in a nutshell. Your need to achieve one specific dream or the other at every stage in your life never ends!

It’s either you are striving to get into a good university; or applying to get that dream job; or saving for that fairy tale wedding; or wondering how you can afford that nice car; or even devising a means to set up that dream business!

We all have dreams, but the ultimate accomplishment is making them a reality – and mutual funds could help you achieve your dreams at each life stage.

Mutual Funds provide you with a great opportunity to invest towards your dreams, with the minimum investment starting from as low as N5, 000 to N50, 000. They are tailored towards your investment objectives and risk appetite, so there is literally a mutual fund for everyone and every goal; short term, medium or even long term.

Shouldn’t you find out which mutual fund best suits your life stage and goal? Visit Grow that dream today to learn more .

Investing For Your Children

“We grow great by dreaming big.” – Woodrow Wilson.

This is true, but we believe that your dreams should include those of your children too.

Most wealthy people realized very early in life that they needed to invest on behalf of their children and also teach their children the profitable secret of investing.

There are so many techniques you can adopt. Some of these are:

* Start young – Don’t wait till they are teenagers if they aren’t already.

* Pay pocket money – Small stipends will introduce them to the concept of earning.

* Encourage saving – This is one positive habit that will no doubt set them ahead of their peers.

*Open a Mutual Fund account – This gives them a feeling of independence, responsibility and will also encourage them to invest (even if in small amounts). As teenagers, they might not be of age to open a mutual fund account but you can open one on their behalf and teach them how to invest a portion of their savings to achieve a future goal or grow their dreams.

Mutual Funds can help you minimize risk and maximize your returns. The minimum investment in mutual funds could vary from as low as N5, 000 to N50, 000.

Visit Grow That Dream to give them the gift of a lifetime. Gift your child a Mutual Fund today!

Thinking of a priceless gift for that special person?

“It is Funke’s due date soon, what gift do I get her that is truly valuable and not a cliché?” Malik thought to himself.

Malik and Funke met during their matriculation ceremony as newbies in the university and have remained best of friends ever since.

Funke had gotten married to Stanley almost 4 years ago and this baby was going to be their first child. Malik therefore really wanted to make an impression by getting them a truly priceless gift on the occasion; one that would continue to be memorable in the lives of Funke & Stan for a very long time.

Malik remembered that over the weekend he heard an advert on the radio about how one can “Gift A Mutual Fund” to their loved ones and decided to check it out on the website mentioned GIFT A MUTUAL FUND so he visited the site.

Finally he had come across the perfect gift which would last a lifetime! He could just imagine how much Funke’s unborn child would have by the age of 21 if Malik started by investing as little as N5, 000 today on the child’s behalf.

You too can show your loved ones how much they mean to you right now by doing something smart and thoughtful for them. It doesn’t have to be a naming ceremony in your case – it could be a birthday, a wedding anniversary or a graduation ceremony!

Gift them an FBN Mutual Fund NOW

Get started HERE.

Investing in Yourself

There comes a time when you ought to start doing what you want. Take a job you love. You will jump out of bed every morning…” – Warren Buffet

In this case, it could read: “Grow a dream that stops you from sleeping”, don’t you think?

You will never get a better return on life than when you truly invest in yourself. So here are some tips to help you make lasting investments in yourself and your dreams:

    1. 1. Be stingy with your time. Be generous with everything else- love, friendship, advice, kindness etc- but manage your time well.

 

    1. 2. Don’t plan to start with the belief that “someone” will give you money. No one will give you money! If you need large sums of capital to grow your dream or build an idea, go to the drawing board and make a plan.

 

    1. 3. Know what you do. Do what you know. Don’t start a business simply because it sounds nice or boasts of large profit margins. Do what you love and you are passionate about.

 

    1. 4. Read something meaningful every day, even if it’s just one page of a book.

 

    1. 5. Attend conferences, seminars, and meet-ups to build your network.

 

    1. 6. Take free online courses to develop your skills.

 

    1. 7. Talk to people and ask them questions, but try to listen more than you talk.

 

    1. 8. Research something you are interested in.

 

    1. 9. Exercise, eat good food, drink plenty of water, and always try to get a good night’s sleep.

 

    1. 10. Find hobbies that you enjoy and actually do them.

 

    1. 11. Know when it’s time to walk away. If your idea doesn’t pan out, reflect on what went wrong and the mistakes that were made. You may try again, but be sure to assess what you would have done differently to improve on yourself & future entrepreneurial endeavors.

 

Grow that dream today.

Thinking of a priceless gift for that special person?

“It is Funke’s due date soon, what gift do I get her that is truly valuable and not a cliché?” Malik thought to himself.

Malik and Funke met during their matriculation ceremony as newbies in the university and have remained best of friends ever since.

Funke had gotten married to Stanley almost 4 years ago and this baby was going to be their first child. Therefore Malik really wanted to make an impression by getting them a truly priceless gift on this occasion; one that will continue to be memorable in the lives of Funke & Stan for a very long time.

Malik remembered that over the weekend he heard an advert on the radio about how one can “Gift A Mutual Fund” to their loved ones and decided to check it out on the website mentioned http://growthatdream.com/gift-a-mutual-fund/

Finally he had come across the perfect gift which will last a lifetime. Just imagine how much Funke’s unborn child will have by the age of 21 if Malik invests as little as N5, 000 today on the child’s behalf.

It doesn’t have to be a naming ceremony in your case! It could be a birthday, a wedding anniversary or a graduation ceremony.

You can show your loved ones how much they mean to you right now by doing something smart and thoughtful for them.

Gift them the FBN Mutual Fund NOW

You can find out more about this by speaking with a financial adviser on 08100820082 or by sending an email to growthatdream@fbncapital.com.

DON’T JUST SPEND IT, INVEST IT!

Investment Terms Made Simple

Let’s meet Fikayo.

Fikayo works with an e-commerce organization in Lagos, one of the new chains that was launched about a year ago.

This is Fikayo’s second job after graduating from the university, as he was lucky enough to get employed immediately he concluded his youth service. Fikayo never really bothered much about his finances until last month when he lost his Guardian and had to take up a lot of his responsibilities.

The situation took a toll on Fikayo as he didn’t have any investments and his only source of income was his monthly salary. For the first time, Fikayo saw himself repeatedly asking friends and colleagues for loans just to meet up with his financial obligations. It was extremely difficult for Fikayo to adjust.

Now, the truth is that Fikayo had always been keen on investing some of his earnings before now but never understood what options were available to him. Even his best friend, Andrew, who had been investing in mutual funds since he was an undergraduate could never explain the investment terms and processes to Fikayo in a clear or convincing way.

#AskTheExpert is a platform tailored for every investment and finance related query YOU may have.

Click here to ask your question NOW and get started on your journey to financial freedom.

Investing with us just got easier and more convenient.

FBN Capital Asset Management is committed to providing you with a dynamic and seamless investing experience. That’s why we have created various online payment options for you to choose from, so investing with us is easier and faster!

Through our online portal myportfolio.fbncapital.com you can now have 24hours access to your investment account, or easily top up your investments by using Quickteller, FirstOnline or FirstMonie.

If you can’t always remember to make regular contributions, you can also set up a direct debit or standing order at your bank.

These are some of the many ways FBN Capital Asset Management continues to work to help you grow your dreams of a secure financial future.

So, take control of your investments now.

Get started HERE