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Stanbic IBTC @StanbicIBTC
, 13 tweets, 6 min read Read on Twitter
What is that saying? ‘’Little drops of water make a mighty _____________ ‘’ #WealthWednesday
Jude worked full time with an oil and gas firm while Toke, his wife was a full time home manager. #WealthWednesday
This arrangement gave her time to raise their kids & run a small business from home especially as they did not want a live-in help though they could afford it. #WealthWednesday
When crude oil prices slumped, many oil and gas firms cut down production. Unfortunately, Jude lost his job due to a massive retrenchment. Although he received a decent payout, he couldn’t secure another job at the time #WealthWednesday
Jude and Toke however knew that although the payout was huge, they needed to manage the money to ensure that their short terms needs were met. #WealthWednesday
But also in such a way that it would possibly appreciate in value. But they were not really sure what their best options were. #WealthWednesday
Jude’s friends were suggesting all sorts and he got really confused. Luckily, his wife knew just the right thing to do! (talk about women having the answers, right?!). #WealthWednesday
They agreed that they needed to preserve their capital while deciding what to do next. #WealthWednesday
Apparently, Toke’s uncle had encouraged her to start saving by investing in the Stanbic IBTC Money Market mutual fund a few years ago, she also enabled a direct debit feature on her ‘’home management allowance’’ account which ensured she saved something monthly. #WealthWednesday
Toke told Jude about the money in her money market fund. When she showed him her account and the returns, he was so impressed. #WealthWednesday
She knew we could help so they called to speak to one of our financial advisors who helped them decide on the investment outlets that could match their needs. #WealthWednesday
You too can also start small. Open a money market fund now with as low as #5,000 via instantaccount.stanbicibtc.com:9663/index.html . Yes, just like that. #WealthWednesday
Do you need an investment plan like Jude and Toke? Contact us on 01- 2801266 to speak with one of our financial advisors for free or email: assetmanagement@stanbicibtc.com. #WealthWednesday
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