4 Smart Investment Options to Consider as a Nigerian Student

Generally, every investment has it’s level of risk, but the risk could be reduced with a good financial plan. There are great advantages to start investing early as you would live a better life as you grow on in life. If you’re a student in Nigeria, there’re amazing opportunities to start making passive income early while in school.

We will share with you today 4 smart investment options that provides ample opportunities to begin your journey to financial freedom and wealth even with little capital. 

1. Online Investment Apps: Interestingly, there a lot of investment Apps online today. Recommended Apps like Bamboo, Passfolio, Chaka, Trove, Piggyvest etc. These are the best times to start earning in dollars. Most of these platforms require as low as 1,000 Naira to start investing except for some like Risevest, Cowrywise Passfolio that requires about 10 Dollars.
2. Start a Small Business: you can also consider buying affordable quality products at good deals from wholesalers and then you resell to your schoolmates, classmates and people within your school. Buy products or offer services that are in continuous demand, as this help generate a regular inflow of income.
3. Bonds: bonds are completely backed by the government, so there are zero chances of losing your money and you can kick off with as low as 5,000naira.
4. Crypto-currencies and Forex Trading: with the popularity of digital currencies in the global market increasing today, crypto-trading and Forex trading is another good way to start making passive income as a student. You start buying and selling digital currencies using P2P on trusted platforms like Binance, kucoin, etc.

As a Nigerian Student, to start saving and investing as a student, will not only bring maturity and exposure but also help you learn how money should be effectively managed and invested for profit. Get a head start by identifying your goals, saving towards investing, acquiring relevant knowledge, creating an investment plan and constantly updating yourself about the market trends.

Cheers!