𝗕𝗲𝘀𝘁 𝘄𝗮𝘆𝘀 𝘁𝗼 𝗶𝗻𝘃𝗲𝘀𝘁 𝗡𝟱𝟬𝟬,𝟬𝟬𝟬 [𝟱 𝗖𝗹𝗲𝘃𝗲𝗿 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀 𝗳𝗼𝗿 𝘁𝗵𝗲 𝘀𝗲𝗰𝗼𝗻𝗱 𝗵𝗮𝗹𝗳 𝗼𝗳 𝟮𝟬𝟮𝟭]

𝗜𝗻𝘃𝗲𝘀𝘁 𝗶𝗻 𝘆𝗼𝘂𝗿𝘀𝗲𝗹𝗳

One of the easiest ways to build your wealth — and knowledge — is by investing a portion of your N500,000 into the personal development courses available.

At the end of the day, wealth is a product of decisions and you need to be well informed in order to make the right decisions. You are your first asset.

You can’t grow wealth by allowing other people to be in charge of making decisions for you.

𝗥𝗲𝗮𝗹 𝗘𝘀𝘁𝗮𝘁𝗲 𝗖𝗿𝗼𝘄𝗱𝗳𝘂𝗻𝗱𝗶𝗻𝗴

When I started my investing journey, I only thought about investing in the stock market.

However, as I gained more experience with investing, I realized that at some point in my future, I should look to diversify my investments into real estate.

And that’s where the question dawned on me:

How can I invest N500,000 in real estate?

With N500,000 you can invest in many different real estate areas, include:

- REITs

- Real estate partnerships

• Real estate crowdfunding platforms

𝗔𝗴𝗿𝗼𝘁𝗲𝗰𝗵 𝗖𝗿𝗼𝘄𝗱𝗳𝘂𝗻𝗱𝗶𝗻𝗴

Just like Real Estate Crowdfunding, there are platforms you can partner with.

But permit me to put up a disclaimer on this;

There are a lot of fraudulent platforms disguising themselves as agrotech platform [Watch out for my next post on “How to know a good investment company]

𝗘𝗺𝗲𝗿𝗴𝗲𝗻𝗰𝘆 𝗦𝗮𝘃𝗶𝗻𝗴𝘀 𝗳𝘂𝗻𝗱

This is likely the most boring and non-sexy option. However, it’s essential to building and especially maintaining your wealth.

An emergency savings fund is an easily accessible, cash account equal to 3–6 months’ worth of your living expenses for unexpected costs.

An emergency savings fund, in essence, is like an insurance account that gives you peace of mind and helps you cover any unexpected costs if something were to happen.

Opening an emergency fund account is not a big deal.

Here’s 1 trick that can help you earn a little extra on your emergency savings cash: Open up a high yield savings account.

A high-yield savings account is just like any other regular savings account.

Instead of earning 1.15% on what you invest (let’s say N500,000), you’ll be earning between 2.15% — 4% (at least in the 2021 low-interest-rate environment)

𝗜𝗻𝘃𝗲𝘀𝘁 𝗶𝗻 𝗥𝗲𝗹𝗮𝘁𝗶𝗼𝗻𝘀𝗵𝗶𝗽𝘀 [𝗕𝘂𝗶𝗹𝗱 𝗦𝗼𝗰𝗶𝗮𝗹 𝗖𝗮𝗽𝗶𝘁𝗮𝗹]

Another reason why millionaires become — and stay — so successful is because of their professional network.

“You are only as valuable as your relationships.”

Networking can make or break your career. In fact, networking can help you with:

- Training

- Referrals for your business and skills

- Prospects

- New mentors

- Increased credibility

- Improved social skills

- Potential to advance your career

𝑨 𝒘𝒊𝒔𝒆 𝒎𝒆𝒏𝒕𝒐𝒓 𝒐𝒏𝒄𝒆 𝒕𝒐𝒍𝒅 𝒎𝒆 𝒕𝒉𝒂𝒕 𝒚𝒐𝒖𝒓 𝒘𝒆𝒂𝒍𝒕𝒉 𝒊𝒔 𝒅𝒆𝒕𝒆𝒓𝒎𝒊𝒏𝒆𝒅 𝒏𝒐𝒕 𝒃𝒚 𝒚𝒐𝒖𝒓 𝒊𝒏𝒄𝒐𝒎𝒆 𝒃𝒖𝒕 𝒃𝒚 𝒕𝒉𝒆 𝒏𝒆𝒕𝒘𝒐𝒓𝒌 𝒚𝒐𝒖 𝒉𝒂𝒗𝒆. 𝑻𝒉𝒊𝒔 𝒎𝒆𝒂𝒏𝒔 𝒊𝒏𝒗𝒆𝒔𝒕, 𝒈𝒓𝒐𝒘 𝒂𝒏𝒅 𝒏𝒖𝒓𝒕𝒖𝒓𝒆 𝒚𝒐𝒖𝒓 𝒓𝒆𝒍𝒂𝒕𝒊𝒐𝒏𝒔𝒉𝒊𝒑𝒔.