As a Nigerian public servant, don't chase risk with your salary,do this three things, Bonds for safety, Stocks for growth, Skills for income. Let me be more clear with the explanation,what I mean is 1) Bonds for SAFETY *You’re lending money to Federal Govt or States. They pay you interest every 6 moRead more
As a Nigerian public servant, don’t chase risk with your salary,do this three things, Bonds for safety, Stocks for growth, Skills for income.
Let me be more clear with the explanation,what I mean is
1) Bonds for SAFETY
*You’re lending money to Federal Govt or States. They pay you interest every 6 months. T-Bills and FGN Bonds
2) Stocks for GROWTH
This is when you buy small pieces of big companies like MTN, Dangote, Zenith Bank. As they grow, your money grows + they pay you dividends yearly.
*Why? Salary alone can’t beat inflation. N1M today will be worth N600k in 5 years if you just save it. Stocks help it grow 10-15% yearly on average.
*3. Skills for INCOME*
*This means, Investing in you, Courses, certifications, business, side hustle, YouTube, AI tools. Anything that increases how much you can earn.
*Why? Salary has a ceiling. Promotion is slow. But skills have no ceiling. This is the only thing that can turn N1M into N12M like that Facebook post said.
And you must do all the three because,if you do only “Bonds” You’re safe but poor. Inflation will eat you.
If you do only “Stocks” One market crash and you panic because salary is your only income.
If you do only “Skills/Business” High risk. If it fails and you have no savings, you’re finished.
Skills bring money in. Bonds protect it. Stocks grow it.
What Is the Best Investment Plan for Public Servants in Nigeria?
As a Nigerian public servant, don't chase risk with your salary,do this three things, Bonds for safety, Stocks for growth, Skills for income. Let me be more clear with the explanation,what I mean is 1) Bonds for SAFETY *You’re lending money to Federal Govt or States. They pay you interest every 6 moRead more
As a Nigerian public servant, don’t chase risk with your salary,do this three things, Bonds for safety, Stocks for growth, Skills for income.
Let me be more clear with the explanation,what I mean is
1) Bonds for SAFETY
*You’re lending money to Federal Govt or States. They pay you interest every 6 months. T-Bills and FGN Bonds
2) Stocks for GROWTH
This is when you buy small pieces of big companies like MTN, Dangote, Zenith Bank. As they grow, your money grows + they pay you dividends yearly.
*Why? Salary alone can’t beat inflation. N1M today will be worth N600k in 5 years if you just save it. Stocks help it grow 10-15% yearly on average.
*3. Skills for INCOME*
*This means, Investing in you, Courses, certifications, business, side hustle, YouTube, AI tools. Anything that increases how much you can earn.
*Why? Salary has a ceiling. Promotion is slow. But skills have no ceiling. This is the only thing that can turn N1M into N12M like that Facebook post said.
And you must do all the three because,if you do only “Bonds” You’re safe but poor. Inflation will eat you.
If you do only “Stocks” One market crash and you panic because salary is your only income.
If you do only “Skills/Business” High risk. If it fails and you have no savings, you’re finished.
Skills bring money in. Bonds protect it. Stocks grow it.
See lessIs Investing ₦1 Million in Stocks Better Than Starting a Business in Nigeria?
Beginners should build first, invest later. Use money to build income, then use profits to buy stocks for safety.
Beginners should build first, invest later.
See lessUse money to build income, then use profits to buy stocks for safety.