The country is in a recession, prices are high, incomes are low, there is skepticism and investors apathy in the capital market, yet opportunities abound, and these truly are the best time to invest. Below, we highlight five reasons why you should be investing this season!
1. #Because Warren Buffet said so!
Oh yeah, he actually did! Besides, who else should you be listening to if not the investment guru himself! Mr. Buffet advises investors to be fearful, when others are greedy and greedy when others are fearful. We live in fearful times, share prices are at their all-time low, the Naira continues to take a deep against the Dollar, and Oil prices continue to dwindle. Ironically, these are the times to consider investing or re-investing according to Mr. Buffet. For investors, whose shares have fallen below their purchase price for example, this is a good time to buy more shares to reduce their loses, and for those who may not have purchased at all, this is a brilliant time to invest, as share prices are very low.
2. #Because things will not remain like this forever
It is a Clich? we all know ?The only thing constant in life is change? and ?Nothing last forever?, but these clich?s are actually true. People often say all good things must come to an end, so do bad things too, or more aptly bad times. At GDL, we are optimistic and certain that things will not remain like this forever, and only investors who invest now, will reap the benefit when the economy eventually improves. It is common sense, people who for example, invest in the real estate sector when the prices are low, will benefit when the prices appreciate in the future.
3. #Because you need to gain control of your finances#
Waiting until the government intervenes, until oil prices goes up, or until the economy improves, before making any form of investment, is akin to handing the reins of progress on your finances to external factors. The reality is, depending on external factors to improve before making investments, or crucial investment decisions, will inadvertently hamper your financial progress. Really, the best time to invest is now.
4. #Because people are beginning to ?buy Nigeria? #
If you have been thinking of starting that business, or investing in a local product, but have been stalling for so long, well , now is the time to start. Now, more than ever before, people are looking inwards for the provisions of goods and services, as a result of the increase in foreign exchange. Nigerians are beginning to patronize locally made products and services, it?s a good time to do business in Nigeria.
5. #Because it?s Never too late or too early to Start#
It doesn?t matter how much you have lost, how many poor investment decisions you have made, how old you are, how young you are, there is a financial solution for your specific need. At GDL, we have a team of experienced and dynamic professionals committed to proffering ?tried and tested? financial solutions and advisory services designed to meet your specific financial aspirations. Speak to us today, we are creating wealth and transforming society.
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