Rise invests your money in dollar denominated assets that grow your wealth (Techstars 2020). US SEC Registered Investment Adviser. 🇳🇬🇬🇭🇰🇪🇺🇬
Jun 25, 2021 • 9 tweets • 3 min read
Are you living above your means?
Let’s help you find out.
A THREAD 🧵
Your rent is too high.
Rent differs depending on where you live. However, if you cannot pay your rent with a 3 months salary, your rent is too high. You might want to consider downsizing.
Apr 12, 2021 • 5 tweets • 1 min read
How to save for retirement when you're self-employed:
- Figure out how much you need to retire well. To get this number, calculate your yearly expenses and multiply by 25 years
- Set a retirement savings target for yourself, like 20,000 Naira a month.
- Start as soon as you can - The sooner you start paying in, the more time your money has to potentially grow.
Apr 5, 2021 • 7 tweets • 2 min read
@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?”
May 1, 2020 • 9 tweets • 2 min read
A HISTORY OF RECESSIONS AND INVESTMENTS THAT PERFORMED WELL THROUGH IT.
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.
