We’ve all heard the famous maxim, Buy Low, Sell High but it’s easier said than done. It seems so obvious, but many investors often do the exact opposite! Because of a strong aversion to risk and the fear of loss, so many people sit on the sidelines and watch opportunities pass them by. Are you…
Tag: financial advice
10 Estate Planning Mistakes to Avoid
Estate plans are not just for the rich and famous, but their celebrity highlights and indeed exaggerates powerful estate planning lessons that can apply to everyone. We were all shocked that Aretha Franklin died intestate. One would assume that someone so accomplished, with considerable wealth, and who most likely had access to a team of…
How Are You Funding Your Child’s Education?
“Education is a human right with immense power to transform. On its foundation rests the cornerstones of freedom, democracy and sustainable human development.” – Kofi Amman [Father’s and money matters – is your family financially secure] As parents and guardians, it is our greatest desire to give our children and wards the best possible start…
12 Unemployment Survival Tips For Graduates
Thousands of young Nigerians are unemployed. After the grandeur of the graduation ceremonies, the bachelors and masters degrees, and then NYSC have not translated as expected, to employment for scores of young people. It could be a while before you secure a job. Until it comes, how will you survive? No money is coming in,…
Money Matters: Do You Have A Will?
“WILLS DON’T KILL” What are you leaving behind; a lasting legacy or a family feud? How do you wish to be remembered? For the great work that you accomplished in your lifetime, or for World War III that erupted in your close-knit family after your demise? Here are some important issues to reflect upon regarding…
Will Your Family Wealth Survive “Three Generations”?
We’ve heard of the expressions from shirtsleeves to shirtsleeves in three generations, in the United States. And from rice paddies to rice paddies in Asia. Does anyone know the Nigerian term? These expressions are so common regardless of culture or country. According to a study, “wealthy families across countries lose about 70% of their wealth…
Don’t Plan For A Royal Wedding If You Can’t Afford One!
What a wonderful weekend I’ve had watching every last detail of The Royal Wedding. The dress, the music, the pipe organ, the choir and orchestra, the flowers, the pomp and pageantry! If you grew up on Grimm’s Fairy Tales, you were conditioned to dream of a fairy tale wedding perhaps to a real prince. Parents…