Rise Profile picture
6 Apr, 3 tweets, 1 min read
How to protect yourself from investment scams -

- Run from promises of very high return.
50% every month? How?
- Ask a lot of questions.
How is the company making all the money it’s paying out? Who regulates the company? Is it a registered company?

- Be cautious of high-pressure offers
If they say it’s a ‘once in a lifetime opportunity', run!

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More from @Risevest

5 Apr
@uzezzi_, a Rise user, shared some thoughts on investing with Risevest on @moneyriseblog

Here are some highlights:
How I started Investing -

I first heard about investment from friends who already had money in one venture or the other. At the time, I was only saving and was like “ah what's this new thing I can do with money?”
I became curious but didn't do much research if I'm being honest. Risevest came up and I was sold when all I had to do was put money there and not bother with the technical know-how.
Read 7 tweets
1 May 20

You can find opportunity even during recessions. To illustrate this, here is a brief break down of a few past recessions and the investments that did well through it 👇🏾 🧵
1970: Inflation spike and oil embargo triggered a recession. Inflation hit almost 37%

It was a great time to own or invest in oil, as Nigeria could attest. Oil prices soared and Nigeria made enough money to host the festac games.
1986: Oversupply of oil from Saudi Arabia tanked oil prices, triggering a recession. This time, Nigeria was on the brunt of it, leading to devaluation and SAP under Babangida.

Technology stocks like IBM, Apple & Microsoft rose to power in these times, delivering strong returns.
Read 9 tweets

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