Can I start low like 5k to 10k 😊 and what kind of stock should I buy because I don’t have any idea on investment not until I started following your Facebook page
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Can I start low like 5k to 10k 😊 and what kind of stock should I buy because I don’t have any idea on investment not until I started following your Facebook page
Yes, you can start with ₦5,000 or ₦10,000 let me be honest, you don’t need big money to start investing. What matters is starting early and learning. Even with ₦5k or ₦10k, you can buy shares in the Nigerian stock market through a stockbroker or investment app like Bamboo, InvestNaija, Afrinvest etcRead more
Yes, you can start with ₦5,000 or ₦10,000
let me be honest, you don’t need big money to start investing. What matters is starting early and learning.
Even with ₦5k or ₦10k, you can buy shares in the Nigerian stock market through a stockbroker or investment app like Bamboo, InvestNaija, Afrinvest etc.
What kind of stocks should you buy?
Since you are just starting, go for:
Big and stable companies (they don’t shake too much)
Companies that have been around for a long time
Examples are:
Banks
Big consumer goods companies (like those selling food, drinks, etc.)
Here is my advice to you:
Don’t follow “quick money” tips
Start small and learn first
Little money invested wisely is better than big money wasted carelessly.
Start with what you have.
See lessLearn as you go.
With time, your money and knowledge will both grow.