At Foremost Capital Ltd, we utilize advanced data analysis to uncover insights that empower our informed decision-making. Although technology expands possibilities, our experienced analysts ensure real value by turning data into practical strategies that drive results.
Investing Fundamentals 101
Investing Fundamentals 101
These are tips on investing and investments:
YOUR FIRST MONEY LESSONS
- Spend less than you earn: This creates breathing room for saving, investing and unlocking opportunities.
- Know where your money goes: Tracking expenses helps you spot waste, set priorities and take control of your finances instead of letting your finances control you.
- Start saving early: The earlier you begin, the more time your money has to grow. Even small amounts build momentum through consistency.
- Understand the power of investing: Savings alone won’t grow wealth. investin strategically, with professionals like Foremost Capital turns passive funds into potential future assets.
- Set financial goals: Whether short-term or long term, goals give your money purpose and help you stay on track.
START YOUR FINANCIAL JOURNEY
- Know your risk appetite: Your comfort with uncertainity largely determines how you invest. So, use professional like Foremost Capital to help figure out your risk tolerance, in line with your financial goals.
- Strategize: Explore a variety of options–fixed term, commercial papers, mutual funds–that match your vision. Next, consider a diversified portfolio, as an investor, you can protect yourself from significant losses by investing in different asset categories, such that if one category yields significantly low or no returns, another category could be much beer.
- Maintain a contingency fund: Life happens and sometimes, even the best of us are not ready. Always account for volatility, life changes and unexpected expenses by setting aside a contingency or rainy-day fund. This money should be at least six months of your income. Just to be one the safer side.
AVOID PONZI SCHEMES
A Ponzi scheme is a fraudulent investing scam that promises high return rates with lile or no risk to investors. Like a pyramid scheme, it generates returns for early investors by acquiring new investors but it uses new investors’ funds to pay the early investors. Ponzi schemes often promise outrageous returns to lure naïve investors. Ponzi schemes like MMM and most recently MBEX, have caused immense financial harm and social unrest.
We advise you to NEVER put your money into any Ponzi scheme, no matter the rate of returns being promised.
Insights
Market gains N2.44tn as ICT, banking stocks drive surge
The Nigerian Exchange Limited closed the week on a high, with ICT and banking stocks driving the market up by N2.44tn. The All-Share Index gained 2.45 per cent to 147,040.08 points, while market capitalisation rose 2.67 per cent to N93.722tn.—Punch
FG, SEC, NGX Group forge unified direction on Capital Gains Tax reform
The Federal Government has inaugurated the National Tax Policy Implementation Committee (NTPIC), marking a deliberate shift toward a more predictable and market-aligned rollout of the newly enacted...—Business Day
Fidson vs Mecure vs Neimeth: Which pharma stock offers better value for investors?
Fidson Healthcare Plc, Mecure Industries Plc and Neimeth International Pharmaceuticals Plc operate within the pharmaceutical sector, but their performance and investment potential in 2025 differ significantly. On market performance...—Nairametrics