29/02/2024
The mechanism of financial risk management and the creation of wealth stays on it and passes the path to the next generation.
There are many different ways where you can make money; it can be through your daily business activity, your salary, inheritance, family business, gold, etc. But for now, I would like to discuss two specialties.
**1. INSURANCE**
**2. REAL ESTATE**
If you don't know how to protect your money and you are never making money through investment, that means you still have a long way to go. As they say, "A man who is not making money while sleeping will work till he passes away."
Regardless, if you don't know how to go about it, you're ignorant of the unknown. It does not matter your level of education; we've seen a highly educated individual who is not financially successful.
You will need an expert who can guide you through the process, just as you would have a lawyer defend your case and a doctor who prescribes medicine.
**INSURANCE /INVESTMENT**
People will always wonder why insurance because it can save your life when it comes to financial protection for life and properties that would be difficult for an individual, company, or institution to bear the risk.
In the harsh economy, insurance premiums remain the same.
Life insurance investment will save you as long as you live; it pays you passive income for the rest of your life. It can be re-installed you back in the time unforeseen situations such as an accident injury or illness.
If you have people who rely on you as breadwinners, they might likely struggle if the breadwinner passes away.
Insurance/investment is like the last born of your children whom you sponsor the education from the primary school level to the higher till graduation come back to feed you for the rest of your life while other children are busy with their families.
**2. REAL ESTATE**
Real estate investment beats any other investment hands down even in a recession; real estate will continue to appreciate as long as people need a roof over their heads.
Do you know why? People who can't maintain their house due to the lack of extra income, people who have many properties and need raw cash to survive. The family inherited property, and some of the family members can't survive due to the hardship in the country; all these people are ready to sell it at cheap prices.
Investors who have a savings culture would be ready to buy it at cheap prices, renovate it, and rent it out at a higher rate or rebuild it to the new modern sell it out, and have a smiley face to the bank.
This is where your savings come into play; with money at hand, you can have an opportunity to purchase power.
No investment is cheap; you have to take bold steps and calculated risks.
Landlords make money while they are sleeping because the tenant works for them. There are only three people called lords in this world, 1, Lord Almighty, A judge referred to as my lord, and the owner of the house landlords.
I am a Risk and financial assets investment manager.
I work with a leading insurance company in Nigeria, and we have monthly savings plans for 12 months that can accumulate funds for you to start your investment journey.
Also, a fixed deposit with a minimum of a year's duration with life insurance cover.
I have bank managers who are subscribed to the plan; I have a business owner who is my client. I have bet shop owners who are enjoying this; you can also start your investment journey today.
In my next post, I will talk about real estate investment, the leading real estate I partner with, and their properties to sell.
I will talk about how insurance can save your life and your professional life.
I will talk about how insurance can save your transportation/logistics business.
You can send a DM for business if you are interested in any plan to start your investment journey.
If you read this to the end and you gain one or two insights kindly encourage you by clicking the like button to let some people benefit, thank you God bless you
